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Why Charlotte's Web Holdings Blasted Higher Today


Charlotte's Web Holdings (OTC: CWBHF) isn't exactly a stock that experiences frequent price pops. So it was a bit of a surprise when the cannabidiol (CBD) specialist soared to close nearly 18% higher on the day. It seems that a move by a peer company might have been behind that upward trajectory.

On Monday, concurrent with announcing its latest quarterly results, top multistate operator Curaleaf (OTC: CURLF) announced a new acquisition.

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Source Fool.com

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