Why Charlotte's Web Holdings Stock Rose as Much as 6% Today

Shares of Charlotte's Web Holdings (OTC: CWBHF) got off to a brisk start on Tuesday, rising by almost 6%, before settling down to trade more or less sideways in the late afternoon. This followed the cannabidiol goods specialist's latest product announcement.

Tuesday morning, Charlotte's Web unveiled three new CBD gummy offerings: Daily Wellness, THC-Free, and Immunity.

Their names basically give away their games. Daily Wellness, which is available in 15 milligram or 25 milligram CBD strengths, is aimed at supporting a healthy lifestyle.

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Source Fool.com