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Village Farms International, Inc. Common Shares - VFF STOCK NEWS

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Village Farms International, Inc. (symbol: VFF) is a leading North American grower and marketer of branded, high-quality, hydroponic greenhouse-grown produce. The company produces a variety of fresh vine-ripened tomatoes, bell peppers, and cucumbers that are handpicked at their peak flavor. With operations in British Columbia and Texas, Village Farms is committed to exceeding customer expectations through quality produce, food safety standards, and sustainable growing practices.

Village Farms prides itself on their HydroPerfect® growing methods, which allow for year-round production of vegetables that are healthier for both consumers and the planet. The company operates intensive agricultural greenhouse facilities and also delves into the cannabis industry through its wholly owned subsidiary, Pure Sunfarms, which supplies cannabis products to other licensed providers and provincial governments in Canada and internationally. Another subsidiary, Balanced Health, focuses on developing and selling CBD-based products including ingestible, edible, and topical applications.

The company’s core business is divided into four operating segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy, with a majority of revenue generated from the Produce segment. Village Farms has demonstrated consistent industry leadership, evidenced by its #1 position in Ontario's licensed producer market and significant market share gains in Quebec, Alberta, and British Columbia. Recent launches such as Super Toast have rapidly gained national momentum in Canada, reinforcing Village Farms' market standing.

Village Farms continues to expand its footprint and market presence, consistently retaining dominant positions in various categories across multiple provinces. As of May 2024, the company is poised to expand further into Atlantic Canada, ensuring nationwide availability of its leading brands.

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Village Farms International expresses disappointment over the exclusion of changes to the Cannabis Excise Duty in the Canadian federal budget. The company aims to collaborate with industry and government to improve tax conditions for the cannabis sector and ensure fair competition. Despite profitability, Village Farms believes that success lies in generating tax revenue from profitable income rather than just sales.
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Village Farms International, Inc. regains the #1 position as Ontario’s leading licensed producer in Q1 2024, showing significant growth and dominance in the Canadian cannabis market. The company has achieved impressive market share gains in major provinces like Quebec and Alberta, solidifying its position as a top producer nationally. Village Farms continues to expand its footprint and expects to launch products in Nova Scotia, aiming to reach all Canadians with its leading brands.
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Village Farms International, Inc. appoints William Stoufer as President of Balanced Health Botanicals, with a focus on customer excellence and positive financial impact. Chase Terwilliger steps down as CEO to pursue other opportunities.
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Village Farms International, Inc. (NASDAQ: VFF) has regained compliance with Nasdaq's minimum closing bid price requirement of US$1.00 per share, as per the recent announcement.
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Village Farms International, Inc. (NASDAQ: VFF) has been recognized as one of the fastest-growing companies in the Americas for the second consecutive year. The company ranked 1st among cannabis companies, 10th in agriculture, forestry, and fishing, 32nd among Canadian companies, and 355th overall. Village Farms' revenue growth between 2019 and 2022 led to this prestigious recognition, showcasing their successful business strategy in controlled environmental agriculture and global cannabis market.
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Village Farms International, Inc. announced the start of operations at the Delta RNG production facility in partnership with Terreva Renewables. The project aims to generate low-to-negative carbon emissions by converting landfill gas to high-demand RNG, contributing to environmental sustainability and profitability.
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Village Farms International, Inc. applauds the passing of legislation in Germany partially legalizing cannabis for personal use, starting April 1, 2024. The new law aims to enhance patient access to high-quality legal cannabis products, boosting the German medicinal cannabis market. Village Farms, with strong ties to the German market, sees this as a significant step towards global cannabis legalization, leveraging its EU GMP certification and successful Canadian strain shipments to Germany. The company views the German market as pivotal to its international cannabis strategy, alongside its involvement in the Netherlands' legal recreational cannabis program.
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Village Farms International, Inc. (VFF) reports strong financial results for Q4 2023, with a 14% YoY sales increase in Canadian Cannabis and positive adjusted EBITDA across all core businesses. The company's net loss per share narrows to ($0.29), with significant improvements in cash flow and adjusted EBITDA. Village Farms continues to lead the Canadian Cannabis market, reclaiming the #2 national market share position and achieving record sales. The company's U.S. Cannabis segment also delivers positive adjusted EBITDA and cash flow. Additionally, the Fresh Produce business shows substantial year-over-year improvement, with positive adjusted EBITDA for the year.
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Village Farms International, Inc. (NASDAQ: VFF) supports changes to the Cannabis Excise Duty model proposed by the Canadian House of Commons Standing Committee on Finance. The current duty formula is recommended to be limited to a 10% ad valorem rate to align with the market reality of lower cannabis prices. This adjustment aims to benefit the industry by enabling producers to invest more in innovation, create jobs, and access capital for sustainable growth. Village Farms also backs the Canadian Revenue Agency's enforcement of past due excise tax payments to ensure a level playing field for licensed producers.
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Village Farms International, Inc. to Host Conference Call to Discuss Fourth Quarter and Year End 2023 Financial Results
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FAQ

What is the current stock price of Village Farms International Common Shares (VFF)?

The current stock price of Village Farms International Common Shares (VFF) is $0.7718 as of December 20, 2024.

What is the market cap of Village Farms International Common Shares (VFF)?

The market cap of Village Farms International Common Shares (VFF) is approximately 82.6M.

What products does Village Farms International produce?

Village Farms International produces high-quality, hydroponic greenhouse-grown tomatoes, bell peppers, and cucumbers.

What is HydroPerfect® growing method?

HydroPerfect® is Village Farms' sustainable growing method that ensures year-round production of healthier vegetables.

What are the main business segments of Village Farms International?

The main business segments are Produce, Cannabis-Canada, Cannabis-U.S., and Energy.

What is Pure Sunfarms?

Pure Sunfarms is a wholly owned subsidiary of Village Farms that supplies cannabis products to licensed providers and governments in Canada and internationally.

Who are Village Farms' subsidiaries?

Village Farms' subsidiaries include Pure Sunfarms and Balanced Health, which focuses on CBD-based products.

How does Village Farms ensure the quality of their produce?

Village Farms exceeds customer expectations with its commitment to quality produce, food safety standards, and sustainable growing practices.

What is Balanced Health?

Balanced Health is a subsidiary of Village Farms that develops and sells CBD-based products including ingestible, edible, and topical applications.

What is Village Farms' market position in Canada?

Village Farms holds a dominant position in Ontario, Quebec, Alberta, and British Columbia, retaining leading market shares in various categories.

Where does Village Farms operate its greenhouse facilities?

Village Farms operates its agricultural greenhouse facilities in British Columbia and Texas.

How does Village Farms contribute to sustainability?

Village Farms employs leading-edge environmental stewardship principles and HydroPerfect® growing methods to produce healthier vegetables year-round.

Village Farms International, Inc. Common Shares

Nasdaq:VFF

VFF Rankings

VFF Stock Data

82.58M
100.74M
10.32%
16.78%
2.25%
Farm Products
Consumer Defensive
Link
United States of America
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