After announcing yesterday that Kroger will be carrying the company’s topical brands, Veritas Farms (OTCMKTS: VFRM) made yet another big announcement this morning. The company will be expanding its audience through an appearance on Fox.
VFRM To Appear On Fox
As mentioned above, Veritas Farms announced yesterday that 945 stores in the Kroger family will cary its topical CBD products. Today, the company is continuing the positive news with an announcement that it will be featured on Fox.
In a press release issued early this morning, the company said that CEO Alexander M. Salgado will appear on Fox Business Network’s Varney & Co. show today. The show runs from 9 am to 12 pm ET.
In a statement, Alexander M. Salgado, CEO at VFRM, had the following to offer:
We believe that the opportunity to speak on a globally televised and streamed business program like Varney & Co. on the Fox Business Network will put the Veritas Farms™ brand in front of a much larger audience of new potential customers, as well as the investment community.
We are hopeful that viewers will gain a positive impression of Veritas Farms as an emerging industry leader and realize our Company wide commitment to make the highest quality hemp oil extract products available anywhere. We look forward to welcoming many of the show’s viewers as new customers and shareholders.
What We’re Seeing From The Stock
After strong gains following the Kroger announcement yesterday Veritas Farms is trading flat at the moment. Nonetheless, once the company appears on Fox, I’m expecting that gains will follow.
After all, Fox has a large business and investing audience. As a result, it is expected that the appearance will increase the awareness of the company, not only for those that may be interested in buying its products, but also for investors.
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on VFRM. In particular, we’re interested in following the Fox broadcast and excited for what the company is going to share on the air. Nonetheless, we’ll keep a close eye on the story and bring the news to you as it breaks!
Never Miss The News Again
Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!