On August 20, 2021, CanaFarma Hemp Products Corp. closed the transaction. The company has issued 4,658,181 units for proceeds of CAD 442,527 in its third tranche.

The securities issued in third tranche are subject to hold period expiring on December 21, 2021. The company continues to collect subscription materials and funds and expects close one or more additional tranches prior to September 9, 2021.