Wed. Dec 11th, 2019

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Veritas Farms, Inc. (OTCQB: VFRM)

1 min read

Veritas Farms, Inc. (OTCQB: VFRM), a vertically integrated agribusiness focused on the production of full spectrum hemp oil products with naturally occurring cannabinoids, newly stated that the Company has reported its operating results for the three and nine months finished September 30, 2k19

Selected Financial Highlights – 3rd Quarter finished September 30, 2k19

  •  Total Revenues: Up 165.00 percent to $1,215,810.00 compared to $459,329.00 in Q3 2k18
  •  Total Revenue: Up 347.00 percent to $5,712,085.00 compared to $1,277,914.00 Year-To-Date 2k18
  •  Gross Profit: Up 468.00 percent to $495,058.00, compared to $87,187.00 in Q3 2k18
  •  Gross Profit: Up 578.00 percent to $2,645,905.00, compared to $390,074.00 Year-To-Date 2k18
  •  Total Assets: Up 157.00 percent to $18,043,654.00, compared to $7,014,086.00 at September 30, 2k18
  •  Total Inventory: Up 223.00 percent to $5,643,800.00 compared to $1,746,080.00 at September 30, 2k18

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