Welcome to our dedicated page for Village Farms Intl news (Ticker: VFF), a resource for investors and traders seeking the latest updates and insights on Village Farms Intl stock.
Village Farms International, Inc. (NASDAQ: VFF) generates frequent news across cannabis, CBD, produce, and renewable energy, reflecting its role as a controlled environment agriculture specialist transitioning into higher-value plant-based consumer packaged goods. News coverage on this page centers on how the company develops and scales its Canadian cannabis operations, expands international exports, and advances regulated adult-use and medical cannabis programs.
Readers can follow updates on Pure Sunfarms, which Village Farms describes as one of the single largest cannabis operations in the world, as well as Rose LifeScience in Québec and Leli Holland in the Netherlands. Announcements often address product launches and format innovation in regulated markets, such as new pre-roll and hash-forward offerings for Dutch coffeeshops, packaging developments in Canada, and evolving strategies for international medical cannabis exports from the company’s EU GMP certified facility in Canada.
U.S.-focused news typically highlights the activities of Balanced Health Botanicals, Village Farms’ CBD and hemp-derived brand and e-commerce platform, along with commentary on regulatory developments that may affect cannabinoid markets. Additional items include updates on the company’s Texas greenhouse assets and farmland, its renewable natural gas royalties through Village Farms Clean Energy, and corporate actions such as share repurchase authorizations, leadership appointments, and financial results.
This news page aggregates press releases and other disclosures so investors and observers can see how Village Farms executes its cannabis, CBD, produce, and clean energy strategies over time. For ongoing insight into VFF’s operations in Canada, Europe, the United States and other export markets, users can revisit this feed as new announcements are published.
Village Farms International (NASDAQ: VFF) announced its upcoming inclusion in the S&P/TSX Composite Index, effective March 22, 2021. This index comprises the largest and most liquid companies on the TSX, enhancing investor base participation through index funds. CEO Michael DeGiglio highlighted this milestone as a testament to shareholder value and the company's growth in the cannabis sector. Village Farms, with its subsidiary, Pure Sunfarms, is one of North America's leading greenhouse growers and cannabis suppliers, demonstrating profitability for seven consecutive quarters.
Village Farms International (NASDAQ: VFF) announced that CEO Michael DeGiglio and CFO Stephen Ruffini will present at the Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021, at 1:20 p.m. ET. The presentation will be available via live webcast on the company's website and archived for 90 days. Village Farms, a leading greenhouse grower, focuses on high-value plant-based Consumer Packaged Goods in cannabis and CBD. Its subsidiary, Pure Sunfarms, is among the largest cannabis producers worldwide and has been profitable for seven consecutive quarters.
Village Farms International announced that its Texas greenhouse operations remained stable despite severe weather conditions affecting the state. The company will report its fourth quarter and full-year financial results on March 16, 2021, with a conference call scheduled for the same day. Village Farms emphasizes its expertise in low-cost agriculture and its successful operations through its subsidiary, Pure Sunfarms, which has been profitable for seven consecutive quarters. The company is also pursuing opportunities in the cannabis and CBD markets.
Village Farms International (NASDAQ: VFF) announced the full repayment of a C$19.9 million promissory note related to the acquisition of Pure Sunfarms Corp., eliminating any remaining debt to Emerald Health Therapeutics. Additionally, Village Farms increased its equity stake in Altum International from 6.6% to nearly 10%, highlighting a focused strategy on the Asia-Pacific cannabis market with significant long-term growth potential. CEO Michael DeGiglio emphasized that the investment aligns with the company's international cannabis strategy, leveraging emerging market opportunities.
Village Farms International's subsidiary, Pure Sunfarms, has launched its first cannabis-infused edible products, Real Fruit Gummies, in British Columbia. This product line includes Sour Black Cherry and Sour Raspberry gummies, with plans for more flavors. The gummies are made from real fruit, featuring natural flavors and vegan ingredients. Pure Sunfarms aims to capture a significant share of the growing edibles market in Canada, where it already ranks among the top producers. The company has generated profitability for seven consecutive quarters and is well-positioned for future growth.
Village Farms International has completed a registered direct offering, raising approximately US$135 million by selling 10,887,097 common shares at US$12.40 each. The gross proceeds are intended for general working capital purposes. Post-offering, the company has 77,818,908 common shares outstanding. The offering was co-led by A.G.P./Alliance Global Partners and Raymond James, with Roth Capital Partners also participating as co-placement agent.
Village Farms International has entered into definitive agreements for a registered direct offering of 10,887,097 common shares, aiming for gross proceeds of approximately US$135 million. Each share is priced at US$12.40, with net proceeds intended for general working capital purposes. The offering is conditioned upon customary closing requirements and is expected to finalize by January 20, 2021. A.G.P./Alliance Global Partners and Raymond James are acting as co-lead placement agents, while Roth Capital Partners is a co-placement agent.
Village Farms International (NASDAQ: VFF) announced a virtual presentation at the ICR Conference 2021 on January 13 at 2:30 p.m. ET. CEO Michael DeGiglio and CFO Stephen Ruffini will discuss the success of Pure Sunfarms, its leading cannabis brand in Canada, which has been profitable for seven consecutive quarters. The Company aims to leverage its extensive greenhouse operations in the U.S. for potential opportunities in the cannabis market. A live webcast will be available on the Company’s website, with recordings accessible for 90 days.
Village Farms International (NASDAQ: VFF) announced that it is unaware of any undisclosed material information causing recent stock price increases and trading volume spikes, per IIROC's request. The company is a major greenhouse grower in North America and is expanding into high-growth plant-based goods in cannabis and CBD. Its Pure Sunfarms division is a leading, cost-effective producer in Canada, showing profitability for seven quarters. In the U.S., Village Farms aims to capitalize on the CBD market, while also exploring cannabis opportunities in Asia-Pacific.
Village Farms International, Inc. (NASDAQ: VFF) announced an exclusive partnership with White Rabbit OG for developing cannabis-infused gummies using White Rabbit's EAT ME Technology. This proprietary all-natural emulsion ensures effective THC and CBD dosing. The gummies will be unique in Canada for using real fruit and are plant-based, allergen-free, and vegan. Additionally, Pure Sunfarms will launch high-THC vape products, consisting of pure cannabis extract. The agreement with White Rabbit lasts two years, emphasizing Village Farms' growth strategy in the expanding cannabis market.