Charlotte’s Web (OTCMKTS:CWBHF) Shares Up 8.9% – Here’s Why

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHFGet Free Report)’s share price rose 8.9% during trading on Friday . The company traded as high as $0.11 and last traded at $0.11. Approximately 498,139 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 453,870 shares. The stock had previously closed at $0.10.

Charlotte’s Web Stock Performance

The business has a 50 day moving average of $0.12 and a 200-day moving average of $0.14.

Charlotte’s Web Company Profile

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Charlotte's Web Holdings, Inc is involved in the farming, manufacture, marketing, and sale of hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, ReCreate, CBD Medic, CBD Clinic, and Harmony Hemp brands.

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