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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, Inc. (NASDAQ: VFF) expands Canadian cannabis exports to the United Kingdom through a partnership with 4C LABS, launching Pure Sunfarms and Fraser Valley brands, including popular strains like Pink Kush and Jet Fuel Gelato. The company aims to tap into the UK's medical cannabis market, marking its fourth international market expansion after Germany, Australia, and Israel, targeting a combined population of over 185 million.
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Village Farms International, Inc. (NASDAQ: VFF) announced that Michael DeGiglio, President and CEO, will participate in a panel discussion on Profitable LPs in Canada’s Rec Market, hosted by Pablo Zuanic of Zuanic and Associates.
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Village Farms Fresh Produce (NASDAQ: VFF) partners with Military Makeover to renovate the home of U.S. Army veteran Carlos Colón-Ruiz in Texas. This partnership showcases the company's commitment to giving back to Texan communities and supporting local veterans. The episode features the involvement of Village Farms Fresh team members, including veterans, in the renovation and highlights the company's heritage as a tomato greenhouse grower and the largest tomato producer in Texas.
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Village Farms International, Inc. (NASDAQ: VFF) reported a consolidated net loss narrowed to ($0.01) per share, with positive consolidated adjusted EBITDA and generated positive consolidated cash flow of $8.8 million. Canadian Cannabis delivered positive net income and adjusted EBITDA, returning to the number two market share position nationally in October. US Cannabis delivered positive net income and adjusted EBITDA. Fresh Produce delivered another quarter of significant year-over-year improvement, including positive adjusted EBITDA.
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Village Farms International to host conference call to discuss Q3 financial results
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Village Farms International, Inc. receives a 180-day extension from Nasdaq to regain compliance with minimum bid price requirement.
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Village Farms International, Inc. recognizes executives for their industry contributions and receives awards at the 2023 Benzinga Cannabis Awards.
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Village Farms International, Inc. will participate in various investor and industry conferences, including the A.G.P. Virtual Cannabis Conference on October 4, 2023. A live webcast of the panel discussion will be available on the company's website. Village Farms also recently participated in the Cannabis Business Expo and Conference in Germany.
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Orville Bovenschen appointed President of Pure Sunfarms, Mandesh Dosanjh steps down. Positive: Orville has a strong track record of delivering operational efficiency and improving quality. Negative: -
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Village Farms International, Inc. reported its financial results for Q2 2023. Canadian Cannabis branded sales increased 18% YoY (24% in Canadian dollars), outpacing market growth. The company maintained a top-three market share position nationally and took over the number one market share position in Quebec. Canadian Cannabis exports increased 189% YoY (217% in Canadian dollars). US Cannabis delivered sequential revenue growth and positive net income, adjusted EBITDA, and cash flow. Fresh Produce delivered its fourth consecutive quarter of significant sequential improvement with positive adjusted EBITDA.
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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 $0.7837 as of November 15, 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 90.5M.

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

90.50M
112.34M
10.15%
17.77%
2.06%
Farm Products
Consumer Defensive
Link
United States of America
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