CanaFarma Hemp Products (CNFA) began trading in Canada on the Canadian Securities Exchange on March 26th, and after 90 days the company is hitting its marks despite a rabid Covid-19 slowdown.
Looking back, the shares had support early on moving 246% higher during the virus shut down, which represented strength in their direct marketing campaign for the Yooforic CBD Gum product. The company released the previous quarterly revenue numbers for the DM campaigns click here to see that PR.
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.
Investor Note: In addition to the 187,315,518 common shares that are listed and trading, there are 5,700,000 reserved for issuance pursuant to the conversion rights attached to the Proportionate Voting Shares that are issued and outstanding but not listed. The total number of issued shares assuming all are converted into the listed class would be 193,015,518.
Shares have progressed over the last 90 days, with a larger number of market makers, and increased daily volume. CanaFarma has a global presence with shares trading in Canada, and on the German Borse.
Below are today’s quotes from Canada and Germany
Learn more about CanaFarma and the improbable run through the virus plagued markets of 2020 in the articles below