CanaFarma Hemp Products Corp. (CNSX:CNFA) will look for acquisitions. The company has arranged a non-brokered private placement to raise approximately $5 million through the issuance of approximately 32,051,282 units at an issue price of 15.6 cents per unit. The Company intends to use the proceeds from the Private Placement to: provide a working capital loan to Vertical Wellness Inc. recently entered into an MOU to acquire; finance other potential acquisitions; and meet general working capital needs.