Public market insider buying at Charlotte's Web Holdings (CWEB)

Public market insider buying at Charlotte's Web Holdings (T:CWEB)

Joel Stanley, a Director, acquired 36,208 Common Shares on a control or direction basis for registered holder CK&J Irrevocable Trust at a price of $5.810 on April 1st, 2020. This represents a $210,368 investment into the company's shares and an account share holdings change of 8.0%.

Charlotte's Web Holdings is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Charlotte's Web Holdings Inc is a Canada-based company engaged in alternative medicine sector. The Company is focused on the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its products are made from strains of wholeplant hemp extracts containing a full spectrum of phytocannabinoids, including Cannabidiol, terpenes, flavonoids and hemp compounds. Industrial hemp products have no psychoactive effects. The Company's current product categories include tinctures (liquid product), capsules and topical products. The Company does not produce or sell medicinal or recreational marijuana or products derived therefrom.