- CEO
- Phil Klauder
- Full Time Employees
- 5
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 2080 - 777 Hornby Street Vancouver BC Canada V6Z 1S4
- IPO Date
- Apr 1, 2021
- Business
- CanaFarma Hemp Products Corp. CanaFarma Hemp Products Corp. (CNFHF) is a Canada-based fully integrated hemp product brand company engaged in the cultivation, manufacturing, processing, and sale of hemp oil and related consumer products through an online distribution platform primarily targeting the United States market; its core offerings under the YOOFORIC brand include hemp oil tinctures in multiple flavors as concentrated liquid herbal extracts, hemp oil-infused creams for joint and muscle support as well as acne treatment, and chewing gum produced in Europe and imported for sale, alongside services for growing top-quality hemp and providing hemp-processing to the consumer wellness sector. Founded prior to its 2020 public listing on the Canadian Securities Exchange and headquartered at 777 Hornby Street, Suite 2080, Vancouver, British Columbia V6Z 1S4, the company operates with a focus on direct-to-consumer marketing in the confectionary, beauty, and pain relief verticals. Recent developments include a 2021 merger with Vertical Wellness, a branded health and wellness firm, under which the combined entity adopted the CanaFarma corporate structure while retaining Vertical Wellness branding and leadership to expand its cannabinoid-derived portfolio and pursue public market scale in CBD brands valued over $50 million at announcement; earlier that year, it invested in Winners Circle Genetics and announced an MOU partner launching a CBD beverage line, reflecting strategic alliances and product diversification efforts amid regulatory evolution in the hemp industry.