Short
$CWEB IS CHARLOTTES WEB HOLDINGS A TRAP?
CWEB may not be as well know as some cannabis stocks but it is on strong growth trajectory, Profits have increased 63% and their HEMP harvest has increased 10 fold in 1 year. CWEB is a market leader in hemp derived CBD extract products, thus in the sweet spot of worldwide penetration into mainstream medical alternatives. The stock has become a little extended so a pullback is expected to the $24 area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.