Welcome to our dedicated page for Village Farms Intl SEC filings (Ticker: VFF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Village Farms International filings document operating results, Regulation FD announcements, capital-structure matters and governance disclosures for a cannabis and controlled-environment agriculture company. Recent Form 8-K reports furnish quarterly and annual financial results, earnings-call announcements, credit facility amendments with Farm Credit Canada and CIBC, and officer-succession disclosures.
The company’s proxy materials cover director elections, executive compensation, equity awards and shareholder voting matters. Its formal disclosures also connect financing agreements and governance matters to Canadian cannabis operations, international export activity, CBD and hemp-derived products, and greenhouse-based production assets.
Village Farms International reported a profitable Q1 2026 with strong cannabis-led growth. Total sales rose to $50.2 million from $39.7 million, driven by cannabis net sales of $49.7 million, up 27%. Gross margin improved to 43% from 39%.
Net income attributable to shareholders was $2.9 million, compared with a $6.7 million loss a year earlier, while adjusted EBITDA from continuing operations increased to $9.9 million from $4.5 million. International export sales reached a record $14.6 million, up 171%, and Netherlands branded sales grew 448%.
The company realigned to a single cannabis reportable segment and continued investing in capacity expansions in Canada and the Netherlands. Operating cash flow was negative $16.8 million, reflecting a $15.0 million Canadian income tax payment, alongside $6.4 million of share repurchases and $9.2 million of capital expenditures, leaving cash and restricted cash of $55.5 million.
Village Farms International reported a strong turnaround in Q1 2026. Revenue rose to $50.2 million, a 27% increase from $39.7 million a year earlier, driven mainly by a 171% jump in international cannabis exports to $14.6 million and steady Canadian branded sales.
Gross profit increased 48% to $21.0 million, and net income attributable to shareholders was $2.9 million versus a $6.7 million loss last year. Adjusted EBITDA from continuing operations more than doubled to $9.9 million as the company focused on its unified Cannabis segment and higher-margin export and branded products.
The company repurchased $6.4 million of stock under its buyback program and ended the quarter with $55.5 million in cash and restricted cash and working capital of $88.8 million after roughly $15 million of tax payments and $9.2 million of growth capex, including Canadian and Netherlands capacity expansions.
Village Farms International is holding a virtual 2026 annual shareholder meeting on June 2, 2026 at 12:00 p.m. Eastern. Shareholders of record on April 28, 2026, when 114,288,686 common shares were outstanding, may vote online, by mail, telephone or through appointed proxyholders.
Owners are asked to elect seven directors, approve executive compensation on an advisory basis, and re-appoint KPMG LLP as auditor for the year ending December 31, 2026, with fees set by the board. The board, which has a majority of independent members and a formal majority voting policy, recommends voting FOR all director nominees and each proposal. The proxy also details governance practices, board and committee structure, executive employment terms and incentive-based pay programs.
Village Farms International, Inc. announced it will release its first quarter 2026 financial results on May 11, 2026. The company expects to issue the news release at 7:00 a.m. ET and then host a conference call at 8:30 a.m. ET the same day.
Investors can access the call via webcast on the Village Farms website or by telephone after advance registration. A replay will be available on the company’s investor relations site. The filing also reiterates Village Farms’ diversified operations in cannabis, plant-based products, clean energy, and food investments.
Village Farms International, Inc. reported that Chief Operating Officer Ann Lefever Gillin received a grant of options to acquire 200,000 common shares. The options have an exercise price of $1.33 per share and expire on May 7, 2029.
The options vest over three years, with one-third vesting on each of the first three anniversaries of the May 7, 2024 grant date, as part of the company’s Share-Based Compensation Plan. Following this award, she holds 200,000 options, and the grant is compensation-related rather than an open-market purchase.
Village Farms International director David Holewinski exercised stock options to acquire 25,000 Common Shares at $1.09 per share. These options were granted on March 29, 2016 and fully vested on the third anniversary of the grant date.
Following the exercise on January 20, 2026, Holewinski directly holds 229,310 Common Shares. In addition, 45,500 Common Shares are held indirectly through his spouse, Nancy Holewinski. No open-market purchases or sales are reported in this filing; the activity reflects a derivative exercise converting options into common equity.
Village Farms International, Inc. director Henry John Patrick exercised stock options and converted them into common shares. He exercised options for 25,000 Common Shares at an exercise price of $1.09 per share, increasing his direct holdings to 193,142 Common Shares after the transaction.
The options were originally granted on March 29, 2016 under the company’s Share-Based Compensation Plan and became fully vested on the third anniversary of the grant date. Following this exercise, there are no remaining options from this grant reported in the filing.
Village Farms International, Inc. announced a CFO succession plan centered on longtime finance leader Stephen Ruffini. On March 30, 2026, Ruffini notified the company he will transition from his role as Chief Financial Officer as part of a planned leadership process once a new CFO is appointed.
Ruffini will remain CFO until his successor is in place and then move into a new executive position focused on mergers and acquisitions, helping execute the company’s growth strategy alongside ongoing organic investments. The company states his transition is not due to any dispute or disagreement over financial reporting, accounting, operations, policies, or practices.
The accompanying press release highlights Ruffini’s 17-year tenure since his hire as CFO in 2009, during which he helped transform Village Farms into a major cannabinoid-based consumer packaged goods operator, led its uplisting to Nasdaq, and supported multiple financings and strategic transactions. Village Farms also describes its broader cannabis, plant-based, and clean energy businesses, including more than 7 million square feet of greenhouse and indoor cultivation assets.
Village Farms International, Inc. Chief Financial Officer Stephen C. Ruffini exercised restricted share units into common shares and had shares withheld for taxes. On April 1, 2026, he converted 26,781 RSUs into the same number of common shares, held indirectly through related accounts.
In connection with this vesting, 7,353 common shares were disposed of at $2.84 per share to satisfy tax obligations, a non-market transaction. After these movements, he directly held 62,490 restricted share units and indirectly held 468,827 common shares. The RSUs are time- and performance-based awards under the company’s share-based compensation plan.
Village Farms International, Inc. Chief Executive Officer Michael A. DeGiglio exercised restricted share units into common shares as part of his share-based compensation. On April 1, 2026, 51,968 restricted share units converted into 51,968 common shares at a conversion price of $0.00 per share. To cover related tax obligations, 12,654 common shares were withheld at $2.84 per share. After these transactions, DeGiglio directly owned 9,622,441 common shares and 121,257 restricted share units. The RSUs are time- and performance-based awards under the company’s Share-Based Compensation Plan, with 30% vesting on each of the first three anniversaries of the grant date and the remaining 10% vesting on December 31, 2027 if the share price exceeds $3.00, otherwise expiring on January 1, 2028.