Company Overview

Company name: CanaFarma Hemp Products (CNQ: CNFA)
Description: CanaFarma Hemp Products Corp is building a fully integrated, multi-faceted Hemp products brand company. Its products includes Yooforic Hemp Oil Infused Chewing Gum, Hemp Oil Tinctures, Hemp Oil Infused Cream; and Herbal State of Mind Hemp Oil Tincture, and Hemp Oil Cream.
Year founded:
Parent company:
Industry: Consumer Products and Services (B2C) | Group: | Code:
City: New York
State: New York
Country: United States

Financial Highlights

Start up capital raised (USD Million): 21.71
Business status: Generating Revenue/Not Profitable
Ownership: Publicly Held
Exchange: CNQ
Ticker: CNFA
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million) -0.03
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA): -0.03
Fiscal period: TTM 1Q2020
Financing Status: The company (CNQ:CNFA) is in talks to receive CAD 28.3 million of development capital from undisclosed investors through a private placement as of May 8, 2020. The net proceeds of the offering will be used for the purposes of funding the potential acquisition of manufacturing and extraction facilities, increasing the acreage of its grow business, scaling its sales and marketing activities, completing complimentary or synergistic mergers or acquisitions, R&D and for general working capital and corporate purposes. Previously, the company acquired KYC Technology through a reverse merger, resulting in the combined entity trading on the CSE stock exchange under the ticker symbol “CNFA” on March 18, 2020.
Number of active investors:
Profile last updated: 04-Jun-2020
Last known valuation:
Last known valuation date: