Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) shares dropped 14.6% during mid-day trading on Thursday . The company traded as low as $0.4444 and last traded at $0.4499. Approximately 1,804,062 shares traded hands during trading, an increase of 137% from the average daily volume of 760,303 shares. The stock had previously closed at $0.5270.
Charlotte’s Web Stock Down 14.6%
The company’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.17.
Charlotte’s Web Company Profile
Charlotte’s Web Holdings, Inc is a producer and distributor of hemp-derived wellness products, operating under the Charlotte’s Web brand name. The company specializes in full-spectrum cannabidiol (CBD) formulations sourced from proprietary hemp genetics and manufactured at its vertically integrated processing facilities in Colorado. Its product suite encompasses CBD oils, capsules, gummies, topicals and pet-specific formulations designed to support general well-being.
Originally founded in 2013 by the Stanley Brothers in Boulder, Colorado, Charlotte’s Web pioneered the consumer CBD market with an emphasis on quality, consistency and transparency.
Read More
- Five stocks we like better than Charlotte’s Web
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Charlotte's Web Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charlotte's Web and related companies with MarketBeat.com's FREE daily email newsletter.
-limited-logo-1200x675.png?v=20250520054435&h=45&w=95&zc=2){kind=logo}
