CanaFarma Hemp Products Corp.
Life Sciences Symbol: CNFA: CSE Currency: CAD
CanaFarma Hemp is a full-service company operating in the hemp industry offering a full range of hemp-related products and services. These products and services include growing top-quality hemp, providing hemp-processing services, and offering hemp-based products to consumers utilizing a direct-to-consumer marketing approach.
CanaFarma appears to be the first New York-based CBD company to go public in Canada, other companies in the sector have used the Canadian exchange because of more liberal laws north of the border governing cannabis-related products. CanaFarma also has the means to produce CBD products literally from the ground up: It is a part-owner of Simple Solutions, which operates a 55-acre organic hemp farm in Duchess County.
Canafarma looks to be the market’s only truly vertically-integrated enterprise completely in control of its CBD products from seed-to-counter, and this is a huge step in developing pedigree in the market as most of the CBD/Hemp Oil market is fragmented with small players each focused on one aspect of the product chain. The company looks to leverage the public markets to assist in expanding operations and have first to market leadership in this fragmented market.