Veritas Farms' Trading Symbol Reverts Back to VFRM; Company to Undertake Corporate Awareness Campaign
Fort Lauderdale, Florida - 
(NewMediaWire) - October 24, 2019 - Veritas Farms, Inc. (OTCQB:VFRM) (“Veritas Farms” or the “Company”), a vertically integrated
agribusiness focused on the production of full spectrum hemp oil products with
naturally occurring cannabinoids, is pleased to announce that the Company’s
shares have reverted back to trading under the symbol “VFRM”
and that the Company is undertaking a corporate awareness campaign to raise its
profile in the investment community.
As the twenty (20) business day
period following the implementation of Veritas Farms one-for-four reverse split
has ended, the Company’s trading symbol has reverted back to VFRM from VFRMD in
connection with applicable rules and regulations. As previously announced, the
Company undertook the reverse stock split in order to improve its capital
structure and position Veritas Farms common stock for an eventual uplisting to
a national securities exchange.
In conjunction with the transition back to its
VFRM symbol the Company has plans to undertake a corporate awareness campaign
to raise its profile in the U.S. domestic investment community. In this regard,
the Company has engaged Winning Media, LLC (“Winning Media”) to provide Veritas
Farms with a breadth of targeted digital media and corporate brand recognition
initiatives.
Winning Media, based in Houston, Texas,
specializes in the use of digital distribution and corporate branding services
to enhance corporate visibility and retail investor awareness and will handle
specific functions of digital distribution of public information relating to
the Company.
CEO and co-founder Alexander Salgado commented,
“Now that we have completed our reverse stock split and returned to our normal
symbol, we are ready to enhance our corporate brand visibility to investors and
potential customers with the assistance of Winning Media.”
Winning Media and its principals do not have
any direct or indirect equity interest in the Company and will not receive any
such equity interest as compensation for their services.
About Veritas Farms, Inc.
Veritas Farms, Inc. (OTCQB:VFRM) is a
vertically integrated agribusiness focused on producing superior quality, whole
plant, full spectrum hemp oils and extracts containing naturally occurring
cannabinoids. The Company currently owns and operates a 140-acre farm and
production facilities in Pueblo, Colorado, and is registered with the Colorado
Department of Agriculture to grow industrial hemp. The Company markets and
sells products under its Veritas FarmsTM brand and manufactures
private label products for a number of leading distributors and retailers.
Veritas FarmsTM brand full spectrum
hemp oil products include vegan capsules, tinctures, formulations for
sublingual applications and infused edibles, lotions, salves, and oral syringes
in a variety of size formats and flavours. All Veritas FarmsTM brand
products are third-party laboratory tested for strength and purity. The Company
files periodic reports with the Securities and Exchange Commission, which can
be viewed at www.sec.gov.
Veritas Farms, Inc. - Investor Contact
888-549-7888
ir@theveritasfarms.com
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