Veritas Farms VFRMD Stock News

Veritas Farms Inc (OTCMKTS: VFRM) hasn’t had the best of times in the market. Nonetheless, the stock is very well worth watching, as I’ve said in several posts in the past.

Today, it seems as though the stock is bouncing back as investors start to realize the true value ahead. Here’s what’s going on:

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VFRM Stock Is Up More Than 28%

Veritas Farms is making a run for the top. While the company didn’t release any news today, the gains are warranted. The truth of the matter is that the stock has been seeing declines and has likely found its bottom. Nonetheless, there’s good reason to be excited ahead.

For those of you who haven’t followed my work on Veritas Farms, what I find most compelling about this full-spectrum CBD company is its success in the big-box space.

At the moment, most companies in the CBD space are working to get their products to market. Not only does VFRM already have products on the market, it has penetrated big names like CVS, Kroger, and more.

With an early lead in the big-box and chain retail space, Veritas Farms is quickly building a brand that’s easily recognizable across the United States. Moreover, it doesn’t plan on stopping anytime soon.

The company’s most recent move to further expand its retail footprint was an appearance at the 2019 Total Store Expo, which took place August 24th through August 26th.

The Expo gave VFRM the ability to showcase its products in front of key executives of national and global chain retail stores. The company also took part in the Meet the Market program, guaranteeing it one-on-one discussions with key retail buyers in the space.

While the company has not announced any new deals, it is still early after the Expo and I expect that the company’s appearance and meetings will likely lead to big deals ahead.

Seed To Sale Comes With Value

I also find the company’s seed to sale business model impressive. Veritas Farms is not one of those companies that relies on third parties. Instead, the company grows its own hemp, extracts its own oils and manufactures and sells its own products.

This smart business model makes it so that the company is not exposed to industry-wide supply shortages, delays or quality concerns. In fact, it’s likely this approach that has led to the big box interest in the company’s products!

Final Thoughts

All in all, VFRM is a compelling investment opportunity. With a seed to sale process and high quality products that are attracting the attention of big box retail stores, the company is quickly becoming a leader in the emerging CBD space.

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