Why Shares of Charlotte's Web Holdings Shot 14% Higher on Tuesday

Cannabidiol (CBD) products specialist Charlotte's Web Holdings (OTC: CWBHF) is taking a ride on the raging marijuana-stock bull; on Tuesday, it advanced along with other cannabis stocks to close more than 14% higher on the day. 

Charlotte's Web didn't have any fresh, stock-moving news of its own to report, but developments elsewhere in corporate weed propelled it higher.

Image source: Getty Images.

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Source Fool.com