Charlotte’s Web Holdings (CWBHF -4.21%) 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. So what
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.

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The former is Lindsey Jensen, an executive who has been with Charlotte’s Web since 2019 — a relatively long tenure for the still-young company.