CFN Enterprises Inc. operates mainly through its CFN Media digital marketing agency for the cannabis and wellness industry and its Ranco manufacturing business for hemp and wellness products, pursuing growth via acquisitions, licensing, and new platforms.

# CFN Enterprises Inc. - Company Summary

## Business Overview
CFN Enterprises Inc. operates primarily through two core businesses:

### 1. **CFN Media (The CFN Business)**
- **Type:** Digital marketing agency
- **Services:** Specializes in creating compliant, turnkey advertising campaigns for the *global cannabis, hemp, and wellness industries*. 
- **Activities:**
  - Setting up and managing online advertising campaigns.
  - Sponsored Content Production:
    - Articles, press releases, videos, podcasts, advertisements, and media.
    - Email marketing and other digital campaigns.
  - Content Distribution:
    - Through platforms such as CannabisFN.com, CFNMediaNews.com, YouTube, Instagram, Facebook, Twitter (X), LinkedIn, and others.
  - Target Audience:
    - Companies within legal cannabis, hemp, and wellness markets.
    - Assist client outreach toward retail, accredited, and institutional investors.
- **Revenue Model:**
  - Primarily from monthly cash contracts for campaign management.
- **Target Market:** The global cannabis industry, projected to reach $134.4 billion by 2030 (per Grand View Research).

### 2. **Ranco Business**
- **Type:** White-label manufacturing and co-packing
- **Services:**
  - Co-packing and manufacturing for cannabis, hemp, and wellness product companies.
  - Processing of third-party logistics including storage, order fulfillment.
  - Custom packaging solutions and hardware production.
  - Overseas manufacturing order management, specifically from international suppliers.
  - Shipping and third-party logistics services.
- **Assets Acquired:** 
  - Assets from RAN CoPacking Solutions LLC, including manufacturing, storage, logistics, media, and design services.
- **Exclusive Licensing Agreement:**
  - To manufacture, package, and distribute hemp-based inhalables (pre-rolls, vaporizers), edibles, and disposable nicotine vaporizers.
  - Duration: 5-year exclusive license with certain exclusions.

## Company Operations and Strategy
- Employs a team of freelance writers and vendors for content production.
- Operates multiple media platforms, including online news and investor education sites.
- Engages in strategic transactions like acquisitions and licensing to expand manufacturing and marketing capacity.
- Launching an e-commerce platform focused on wellness CBD products.

## Employees & Customers
- **Employees:** As of December 31, 2024, the company has **22 full-time employees** (excluding independent contractors).
- **Customers:** Specific customer count not provided; however:
  - Revenue from CFN Media for 2024: approximately **$273,167** (down from $398,811 in 2023).
  - Ranco subsidiary generated **$19.9 million** in revenue during 2024 (up from $3.1 million in 2023 following acquisition).

## Financial Highlights (2024)
- **Total Revenue:** approximately **$20.2 million** (majority from Ranco operations).
- **Net Income / Loss:**
  - Net Loss: **$4.3 million** for 2024 (improved from **$15.2 million** loss in 2023).
- **Gross Profit:** around **$5.3 million** in 2024.
- **Expenses:**
  - Selling, General & Administrative (SG&A): **$7.75 million** in 2024.
  - Operating expenses included impairment charges in 2023; none reported for 2024.
- **Liquidity:**
  - Cash as of December 31, 2024: **$373,834**.
  - Working capital deficit: **$19.2 million**.
- **Debt:**
  - Notes payable totaled **$7.63 million**.
  - Significant debt in default, including promissory notes, SBA loans, and convertible preferred stock obligations.

## Additional Details
- The company is publicly traded on OTCQB under the ticker **"CNFN"**.
- Continues to pursue strategic growth through acquisitions, licensing, and launching new revenue-generating platforms.
- Faces risks related to regulatory environment, competition, and liquidity constraints.

CFN Enterprises, Inc. is a digital marketing agency and manufacturing company focused on compliant advertising and solutions for the cannabis, hemp, and wellness industries.

# Company Overview

**Company Name:** CFN Enterprises, Inc.

## Business Segments
CFN Enterprises operates two primary business units:

1. **CFN Business:** 
   - A digital marketing agency specializing in compliant advertising for the global cannabis, hemp, and wellness industries.
   - Generates revenue through:
     - Compliant turnkey ad campaigns.
     - Sponsored content (e.g., articles, press releases, videos, podcasts).
     - Other marketing services targeting accredited, retail, and institutional investors.
   - Main revenue model involves contracts with monthly cash payments.
   - Media platforms include: 
     - [CannabisFN.com](http://www.cannabisfn.com)
     - [CFNMediaNews.com](http://www.cfnmedianews.com)
   - In the cannabis industry, targeting clients with legal operations in regions where cannabis is legalized.

2. **Ranco Business:**
   - A white label manufacturing and co-packing business in the cannabis, hemp, and wellness sectors.
   - Acquired assets from RAN CoPacking Solutions LLC to provide comprehensive solutions for third-party logistics, including storage, order fulfillment, custom packaging, and marketing support.
   - Under a Licensing Agreement with Packwoods for exclusive manufacturing and distribution of hemp and nicotine-based products.

## Recent Developments
- In the fourth quarter of 2022 and the first quarter of 2023, the company initiated a wind-down of CNP Operating, focusing instead on the CFN and Ranco businesses starting July 2023.
- The company is in the process of launching an e-commerce network for general wellness CBD products.

## Financials (as of December 31, 2023)
- **Number of Employees:** 14 full-time employees; independent contractors utilized but not included in the employee total.
- **Working Capital Deficit:** $14,376,718.
- **Total Debt Outstanding:** $7,400,800, with a significant portion being short-term ($7,272,357).
- **2023 Revenue:** Specific revenue figures are not detailed; however, the business experiences fluctuations.
- **Net Loss:** $15.4 million in 2023; $10.1 million in 2022.
  
## Customer Base
- While the document does not specify the total number of customers, the CFN Business has many clients within the legal cannabis and wellness industries, aiming to support their advertising needs and brand establishment. 

## Market Landscape
- The global cannabis industry is projected to reach $134.4 billion by 2030, creating a growing market for service providers in this space.

## Competitive Position
- Competes with other public relations firms and online publishers within the cannabis industry, including established names like Stockhouse Publishing, Catalyst Xchange, and New Cannabis Ventures.
- Faces intense competition in the e-commerce and retail aspects as well, with many product manufacturers in the fragmented hemp and wellness industry.

## Regulatory Environment
- The CFN Business is under SEC and FINRA regulations.
- The Ranco Business operates under federal and state regulations stemming from the 2018 Farm Bill, which legalized industrial hemp.

## Summary
CFN Enterprises, Inc. is focused on navigating the complexities of the cannabis, hemp, and wellness industries through strategic marketing and manufacturing services while managing financial challenges and industry regulations. Despite substantial losses and a working capital deficit, the company is actively pursuing growth opportunities and strategic transactions to enhance its market position.

CFN Enterprises Inc.

10-K / April 15, 2025

10-K / April 11, 2024

10-K / April 15, 2025

CFN Enterprises Inc. - Company Summary

Business Overview

1. CFN Media (The CFN Business)

2. Ranco Business

Company Operations and Strategy

Employees & Customers

Financial Highlights (2024)

Additional Details