Why Charlotte's Web Stock Is Jumping Today
Shares of Charlotte's Web Holdings (OTC: CWBHF) were jumping 11.6% as of 11:26 a.m. EST on Friday. The hemp products company didn't announce any news. Instead, its gain appears to be related to investors moving into cannabis stocks in general. Many other cannabis stocks also rose today.
Sometimes stocks trend higher on improving sentiment among investors for a specific industry. And there are several reasons many have become more bullish about investing in cannabis stocks.
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Source Fool.com
