Sign in

Private company

Veritas Farms, Inc.

Veritas Farms, Inc. is an American agricultural production-crops company based in Toronto.2

Last updated Oct 21, 2026.

Overview

  • IndustryAgricultural Production-Crops2
  • HeadquartersToronto, Canada2
  • Incorporated inNV3
  • Business address1815 Griffin Road, Suite 401, Dania Beach, Fl 330043
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formProfit Corporation2
  • LEI549300B3UNKIIBE271292
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O National Registered Agents, Inc. of NV, 89701 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), E0143992011-62

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-130.1%Gross margin4
-514.0%Operating margin4
-483.9%Net margin4
-63.4%Revenue growth, 20224
-$3.9MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue29¢$1.6M
  • Selling, general and admin71¢$4.1M

Out of $1.1M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$1.1M in 2022+1295% since 2016
0$2.0M$4.0M$6.0M$8.0M2016: $76.2K$76.2K20162017: $1.1M$1.1M2017+1362%2018: $2.1M$2.1M2018+87%2019: $7.3M$7.3M2019+251%2020: $6.2M$6.2M2020−15%2021: $2.9M$2.9M2021−53%2022: $1.1M$1.1M2022−63%
Gross profit567894-$1.4M in 2022+211% since 2016
-$2.0M0$2.0M$4.0M2016: -$445.3K-$445.3K20162017: $191.4K$191.4K20172018: $876.3K$876.3K2018+358%2019: $3.5M$3.5M2019+295%2020: $3.0M$3.0M2020−15%2021: -$1.2M-$1.2M20212022: -$1.4M-$1.4M2022+15%
Operating income567894-$5.5M in 2022+282% since 2016
-$15.0M-$10.0M-$5.0M02016: -$1.4M-$1.4M20162017: -$1.3M-$1.3M2017−7%2018: -$4.4M-$4.4M2018+231%2019: -$11.1M-$11.1M2019+153%2020: -$7.5M-$7.5M2020−33%2021: -$7.3M-$7.3M2021−2%2022: -$5.5M-$5.5M2022−25%
Net income567894-$5.1M in 2022+253% since 2016
-$15.0M-$10.0M-$5.0M02016: -$1.5M-$1.5M20162017: -$2.5M-$2.5M2017+68%2018: -$3.8M-$3.8M2018+56%2019: -$11.1M-$11.1M2019+191%2020: -$7.6M-$7.6M2020−32%2021: -$7.1M-$7.1M2021−7%2022: -$5.1M-$5.1M2022−27%
Fiscal year2016201720182019202020212022
Revenue$76.2K5$1.1M6$2.1M7$7.3M8$6.2M9$2.9M4$1.1M4
Cost of revenue$521.5K5$923.3K6$1.2M7$3.8M8$3.3M9$2.1M4$1.6M4
Gross profit-$445.3K5$191.4K6$876.3K7$3.5M8$3.0M9-$1.2M4-$1.4M4
Selling, general and admin$10.4M9$6.1M4$4.1M4
Operating expenses$6.1M4$4.1M4
Operating income-$1.4M5-$1.3M6-$4.4M7-$11.1M8-$7.5M9-$7.3M4-$5.5M4
Interest$18.2K8$129.6K8
Income before tax-$7.1M4-$5.1M4
Net income-$1.5M5-$2.5M6-$3.8M7-$11.1M8-$7.6M9-$7.1M4-$5.1M4
Earnings per share-$0.189-$0.174-$0.134
Earnings per share (diluted)-$0.189-$0.174-$0.134
Shares (weighted, basic)43.4M shares441.6M shares4
Shares (weighted, diluted)43.4M shares441.6M shares4

Compare Veritas Farms, Inc. with another company

What it owns

What Veritas Farms, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$2.8M4 Dec 31, 2022$3.9M4 Dec 31, 2021−27.3%
Operating-lease assets (leased space)$264.2K4 Dec 31, 2022$414.3K4 Dec 31, 2021−36.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$55.0K4 Dec 31, 2022$55.0K4 Dec 31, 20210%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.2M4 Dec 31, 2022$3.2M4 Dec 31, 2021−30.2%
Raw materials$1.3T4 Dec 31, 2022$1.4T4 Dec 31, 2021−3.6%
Work in process$2.0M9 Dec 31, 2021$4.2M9 Dec 31, 2020−53.2%
Finished goods$360.3B4 Dec 31, 2022$547.5B4 Dec 31, 2021−34.2%

Former names

  • SanSal Wellness Holdings, Inc.Nov 13, 2017 to Jan 29, 20193
  • Armeau Brands Inc.Mar 15, 2016 to Oct 12, 20173

Timeline

  1. Dec 5, 20258-K Executive or director change12
  2. Jun 11, 20258-K Executive or director change13
  3. Mar 25, 20258-K Executive or director change14
  4. Jan 5, 20248-K Entered a material agreement; New debt or obligation; Unregistered sale of shares15
  5. Nov 20, 20238-K Executive or director change16
  6. Sep 8, 20238-K Executive or director change17
  7. Sep 1, 20238-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation18
  8. Jun 14, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares19
  9. Apr 7, 20238-K Executive or director change; Bylaws or fiscal year changed; Shareholder vote20
  10. Jan 23, 20238-K Other events21
  11. Dec 12, 20228-K Executive or director change; Shareholder vote22
  12. Nov 14, 20228-K Executive or director change23
  13. Mar 15, 2011Founded Veritas Farms, Inc. is founded2

Filings

42 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 18 major events, 15 other. The latest 20:

  1. Aug 17, 2026NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  2. May 15, 2026NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  3. Apr 7, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
  4. Dec 5, 20258-K CURRENT REPORT EDGAR
  5. Nov 17, 2025NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  6. Aug 15, 2025NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  7. Jun 11, 20258-K CURRENT REPORT EDGAR
  8. May 19, 2025NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  9. Apr 1, 2025NT 10-K NOTIFICATION OF LATE FILING EDGAR
  10. Mar 25, 20258-K CURRENT REPORT EDGAR
  11. Nov 15, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  12. Aug 15, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  13. May 15, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  14. Apr 1, 2024NT 10-K NOTIFICATION OF LATE FILING EDGAR
  15. Jan 5, 20248-K CURRENT REPORT EDGAR
  16. Nov 20, 20238-K CURRENT REPORT EDGAR
  17. Nov 15, 202310-Q QUARTERLY REPORT EDGAR
  18. Nov 14, 2023NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  19. Sep 8, 20238-K CURRENT REPORT EDGAR
  20. Sep 1, 20238-K CURRENT REPORT EDGAR

The 42 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Veritas Farms, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVeritas Farms, Inc.1
  • CIK0001669400
  • Employer ID (EIN)99-03756761
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNevada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)0100 Agricultural Production-Crops1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address1815 Griffin Road, Suite 401, Dania Beach, FL 330041
  • Phone(833)691-43671
  • Shares outstanding163,879,870 as of Nov 13, 202311
  • Public float$1.1M as of Jun 30, 20224
  • On EDGAR sinceMar 15, 20161
  • Filings172 in all: 8-K (68), 10-Q (24), NT 10-Q (17), NT 10-K (9), S-1/A (8), 10-K (7), CORRESP (7), D (7)1
    All 20 form types

    UPLOAD (6), 8-K/A (3), EFFECT (3), S-1 (3), 424B3 (2), 424B8 (2), AW (1), D/A (1), S-8 (1), S-8 POS (1), SC 13G (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Apr 17, 2023
    Quarterly report (10-Q) Nov 15, 2023
    Latest 8-K (8-K) Dec 5, 2025

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
    SEC EDGAROther events
  22. 22
  23. 23