VFRM Stock Analysis
VF
Uncovered
Veritas Farms Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Veritas Farms, Inc. engages in the production, marketing, and distribution of whole plant, full spectrum hemp oils, and extracts containing naturally occurring phytocannabinoids. The company is headquartered in Dania Beach, Florida. The company went IPO on 2016-10-20. Veritas Farms owns and operates an approximately 140 acres farm in Pueblo, Colorado, capable of producing approximately 200,000 full spectrum hemp plants, which can potentially yield a minimum annual harvest of 250,000-300,000 pounds of outdoor-grown industrial hemp. The firm also operates approximately 15,000 square feet of climate-controlled greenhouses to produce a consistent supply of year-round indoor-cultivated hemp. In addition, there is an approximately 10,000 square foot onsite facility used for processing raw hemp, oil extraction, formulation laboratories and quality/purity testing. The firm primarily conducts its business operations through its subsidiary, 271 Lake Davis Holdings, LLC.