Veritas Farms - M&A Summary and Business Overview

AgricultureCompany

Veritas Farms M&A Summary

Veritas Farms has acquired 2 companies, including 1 in the last 5 years.

Veritas Farms has acquired in 2 different US states. The Company’s most targeted sectors include consumer products (100%).

Veritas Farms Business Overview

Where is Veritas Farms headquartered?

Veritas Farms is headquartered in Fort Lauderdale, Florida.

What is Veritas Farms’ revenue?

Veritas Farms disclosed revenue of 1M USD for 2022 and 3M USD for 2021.

How many employees does Veritas Farms have?

Veritas Farms has 17 employees.

What sector is Veritas Farms in?

Veritas Farms is an agriculture company.

M&A Summary

M&A Total Activity2
- M&A Buy Activity2
Total Sectors Invested 1
Total Countries Invested 1

Veritas Farms

Veritas Farms, Inc.

401 E. Las Olas Boulevard, Suite 1400,
Fort Lauderdale, Florida 33301
United States,
(833) 691-4367
www.theveritasfarms.com

Veritas Farms is a vertically integrated agribusiness focused on producing superior quality, whole-plant, broad spectrum phytocannabinoid-rich hemp oils and extracts. The Company currently 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 Farms™ brand and manufactures private-label products for a number of leading distributors and retailers. Veritas Farms is based in Fort Lauderdale, Florida.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.2/yr)	#	1	-	-	-	1	-	2
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								2

Most Recent M&A

Company	Date	Value	Type
Asystem, Inc.	2023-08-28	-	Add-on Acquisition
Venice, California · www.asystem.com
271 Lake Davis Holdings LLC (dba SanSal)	2017-10-02	-	Add-on Acquisition
Pueblo, Colorado · www.sansalwellness.com
View All >>

M&A by Sector

Sector		Buy #	Value	Sell #	Value
Consumer Products		2 (100%)	-	-	-
Total		2	-	-	-

By Geo

State/Country		Buy	Value	Sell	Value
United States		2	-	-	-
	Colorado	1	-	-	-
	California	1	-	-	-
Total		2	-	-	-

Company Summary

SECTOR

Agriculture

Revenue

1 67%	2022
3 50%	2021
6 15%	2020
7 250%	2019
2 100%	2018
1	2017
(millions of USD)	Show More Show Less

Employees

Public

VFRM

Former Name

SanSal Wellness Holdings, Inc. (Armeau Brands, Inc.)

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Veritas Farms - M&A Summary and Business Overview

AgricultureCompany