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Why Investors Weren't High on Charlotte's Web Stock Today


Charlotte's Web Holdings (OTC: CWBHF) stock had a Tuesday to forget. The cannabidiol (CBD) products specialist saw its shares close the day more than 4% lower, despite the fact that it effected not one but two C-suite transitions.

The upper managerial ranks at Charlotte's Web will look quite different in the very near future. Tuesday morning, the company announced that it had appointed a new CFO and COO, both of whom are internal hires.

Image source: Getty Images.

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Source Fool.com

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