Why Charlotte's Web Holdings Stock Is Sinking Today

Shares of Charlotte's Web Holdings (OTC: CWBHF) were sinking 16.2% lower as of 2:51 p.m. EST on Thursday. The company didn't announce any news. Instead, the decline appears to be the result of a broader sell-off of cannabis stocks.

If Charlotte's Web's business prospects had diminished, today's fall would be understandable. However, nothing has changed on that front.

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Source Fool.com