Charlotte’s Web stock has performed very well over the past two months despite the fact that the cannabis sector has fallen sharply. So what’s driving Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) right now? Let’s take a quick look.
Earnings Boost ConfidenceThe passage of the Farm Bill in 2018 opened the path for hemp to be cultivated in the United States legally and fired up the hemp-based CBD sector. A company that has been a dominant player in that sector is Charlotte’s Web Holdings, and like the rest of the sector, it has generated excellent sales figures ...
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