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Village Farms International Inc - VFF STOCK NEWS

Welcome to our dedicated news page for Village Farms International (Ticker: VFF), a resource for investors and traders seeking the latest updates and insights on Village Farms International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Village Farms International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Village Farms International's position in the market.

News
Village Farms International Expands Executive Team
Rhea-AI Summary
Village Farms International, Inc. (NASDAQ: VFF) expands its executive team with key new roles to support global cannabis growth. The new positions include Chief Operating Officer, President of Global Medical Cannabis, and General Counsel of Global Cannabis. The company has seen substantial growth in Canada and is expanding into new markets. The additions reflect the company's strong business model and the promising future of the cannabis industry. The executives bring extensive experience and expertise to their respective roles, enhancing Village Farms' leadership in the cannabis market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.65%
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News
Village Farms International Comments on Canadian Budget
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.92%
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none
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News
Village Farms International Posts Eight Consecutive Months of National Share Growth
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.86%
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none
News
Village Farms International Appoints William Stoufer as President, Balanced Health Botanicals
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.86%
Tags
management
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News
Village Farms International Regains Nasdaq Compliance
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
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none
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News
Village Farms International Named Fastest Growing Cannabis Company by Financial Times ‘Americas’
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
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none
News
Village Farms International Announces Start Up of Renewable Natural Gas Facility
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
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none
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News
Village Farms International Applauds German Cannabis Progress
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.42%
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none
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News
Village Farms International Reports Q4 and 2023 Financials: Record Consolidated Sales for Q4
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.39%
Tags
none
News
Village Farms International Enthusiastically Supports Standing Committee’s Recommendations for New Cannabis Excise Duty Model
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
none
Stock VFF logo
Village Farms International Inc

Nasdaq:VFF

VFF Rankings

#4013 Ranked by Market Cap
#5093 Ranked by Stock Gains
N/A Ranked by Dividends

VFF Stock Data

140.02M
99.35M
9.97%
16.75%
1.32%
Soybean Farming
Agriculture, Forestry, Fishing and Hunting
Link
Canada
Delta

About VFF

village farms leads the industry as premier grower and marketer in north america of branded, finest quality, hydroponic greenhouse grown produce. our great tasting fresh vine ripened tomato, bell pepper, and cucumber varieties are handpicked at the peak of flavor. at village farms we exceed customer expectations through our unparalleled commitment to quality produce, remarkable food safety standards, and sustainable growing practices utilizing leading edge environmental stewardship principles. our hydroperfect® growing methods produce vegetables 365 days a year that are healthier for people and the planet. at village farms we know what is good for the earth® is also good for business™.