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Canafarma's DTC marketing strategy 'an important driver' for the company - Analyst Ed Stacey

Proactive Research analyst Ed Stacey says CanaFarma Hemp Products Corp (CSE:CNFA, FRA:4K9) has a vertically integrated ‘farm-to-table’ strategy encompassing cultivation, extraction/process, manufacture of branded consumer products and sales & marketing.

Stacey says the firm is differentiated by a powerful and tested direct-to-consumer (DTC) marketing engine, and a product range that is scientifically validated and of consistent quality.

 

Click here to read Ed Stacey's full initiation report

Quick facts: Canafarma

Price: 0.85 CAD

CSE:CNFA
Market: CSE
Market Cap: $159.22 m
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Canafarma Hemp Products brings in more than C$5 million in private placement

Canafarma Hemp Products Corp (CSE:CNFA) CEO David Lonsdale tells Proactive said it had closed its previously announced placing, bringing in over C$5 million gross. Lonsdale says the Vancouver-based hemp-focused firm will use proceeds for funding the potential acquisition of manufacturing...

on 26/6/20

2 min read