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) has successfully refinanced its Canadian Cannabis Term Loans, consolidating three previous loans into a single credit facility with two existing lenders. The new facility features a variable interest rate below 8.0%, representing a 50 basis point improvement over the previous rate.
The refinancing includes enhanced financial covenants and extends the maturity date to February 7, 2028, from the previous February 7, 2026 deadline. CEO Michael DeGiglio highlighted that this refinancing, combined with their recently amended FCC produce loan, has significantly improved the company's financial flexibility across all business segments.
Village Farms International (VFF) has received a 180-day extension from Nasdaq to meet the minimum bid price requirement of US$1.00 per share. The extension was granted on April 21, 2025, following the expiration of the initial 180-day compliance period on April 16, 2025.
The company now has until October 13, 2025 to regain compliance. During this period, VFF shares will continue trading on the Nasdaq Capital Market. Compliance can be achieved if the stock price closes at or above US$1.00 for a minimum of 10 consecutive business days before the deadline.
If Village Farms fails to meet these requirements by October 13, 2025, it may face delisting from Nasdaq Capital Market, though the company would have the option to request a review of the delisting determination by a Nasdaq Hearings Panel.
Village Farms International (NASDAQ: VFF) has successfully amended its credit agreement with Farm Credit Canada (FCC), securing more favorable terms and enhanced financial flexibility. The amendment to the Fresh Produce loan includes improved covenants that eliminate the need for continued waiver requirements, supporting the company's strategic focus on expanding cannabis operations internationally.
The FCC Loan, which matures on May 3, 2027, features a variable interest rate below 8.0%. This modification reflects Village Farms' significant business expansion since the original 2013 credit agreement and acknowledges the company's growing emphasis on its cannabis business. Other material terms of the loan remain unchanged.
Village Farms International (NASDAQ: VFF) has appointed Yvonne Trupiano as Executive Vice President and Global Chief Human Resources Officer (CHRO), a newly created leadership position. This strategic hire aims to support the company's global expansion initiatives and organizational excellence efforts.
Trupiano brings over 25 years of experience leading HR functions in public and private companies, including Fortune 500 companies like Avis Budget Group and SpartanNash. Her expertise includes human capital management, business transformation, and building high-performing teams.
CEO Michael DeGiglio emphasized that Trupiano's appointment comes at a pivotal period of transformation for Village Farms, particularly as the company expands its presence in regulated cannabis markets globally.
Village Farms International (VFF) reported its Q4 and full year 2024 results, with full-year consolidated sales growing 18% to $336.2 million. The company's Canadian Cannabis segment saw 31% year-over-year growth, maintaining leadership positions as #1 in dried flower and #2 in pre-rolls.
Q4 consolidated sales increased 11% to $82.6 million, with international sales surging 113% year-over-year. However, Q4 results were impacted by a $10.5 million non-cash impairment charge related to non-flower inventory. Excluding this impact, Q4 Adjusted EBITDA would have been $7.0 million.
Key developments include:
- Full year consolidated cash flow from operations of $10.3 million
- Groundbreaking on Netherlands Phase II expansion, expected to quintuple production capacity by Q4 2025
- Expansion into New Zealand market through Medleaf Therapeutics partnership
- International sales expected to triple in 2025
- Implementation of operational improvements across Pure Sunfarms and Rose subsidiaries
Village Farms International (NASDAQ: VFF) has announced its expansion into New Zealand's medical cannabis market through its subsidiary Pure Sunfarms. The company has completed its first shipment featuring Pink Kush, the top-selling dried flower strain in Canada over the past four years.
The products will be distributed by Medleaf Therapeutics under the 'Bloom' brand through their nationwide network of clinics and healthcare practitioners. The New Zealand cannabis market shows promising growth potential with a projected compound annual growth rate of 58% by 2030.
Village Farms International (NASDAQ: VFF) has announced it will release its fourth quarter and full year 2024 financial results on March 13, 2025, at 7:00 a.m. ET. The company will host a conference call to discuss the results at 8:30 a.m. ET on the same day.
Participants can join via webcast or telephone, with pre-registration required for phone access. While the live Q&A session is reserved for analysts, other participants can submit questions via email to investorrelations@villagefarms.com. A replay of the conference call will be available on the company's website shortly after completion.
Village Farms International (VFF) has initiated order processing and deliveries through its wholly-owned subsidiary Leli Holland in the Netherlands, meeting previously announced timelines. Following the completion of its first harvest in December from the Drachten indoor cannabis facility, deliveries to Dutch coffeeshops will begin on February 7, 2025.
Leli Holland holds one of only 10 licenses for recreational cannabis production and distribution in the Netherlands' regulated program. The Drachten facility, completed in October 2024, is expected to be fully operational by Q2 2025. Starting April 7, 2025, coffeeshops in participating municipalities must exclusively source and sell cannabis products from regulated license holders.
The Dutch market is highlighted as a prime cannabis investment opportunity, featuring established legal consumption, zero-tax policy on regulated products, and more favorable pricing compared to Canada.
Village Farms International (NASDAQ: VFF) has issued statements regarding delays in the marijuana rescheduling process due to ongoing litigation against the Drug Enforcement Administration (DEA). This follows a January 13, 2025 Administrative Law Judge (ALJ) order granting an interlocutory appeal request. The ALJ heavily criticized the DEA's conduct, describing it as 'unprecedented,' 'astonishing,' and 'embarrassing.'
CEO Michael DeGiglio characterized the proceedings as an imperative administrative step and a symbolic victory against what the company views as a conflicted government agency. As the only cannabis operator participant in these proceedings, Village Farms expressed commitment to advocate for a fair process and cannabis reform. DeGiglio highlighted that despite majority public support for legalization and positive scientific research, prohibitionist efforts continue to impede progress in cannabis reform.
Village Farms International (NASDAQ: VFF) and Hemp for Victory have jointly filed a Request for Reconsideration to disqualify the Drug Enforcement Administration (DEA) from its role in marijuana rescheduling hearings. Following their initial motion filed on November 18, 2024, new evidence has emerged suggesting DEA wrongdoing.
The renewed Request highlights undisclosed conflicts of interest and improper ex parte communications by the DEA. The filing argues that the DEA has shown hostility toward the proposal to reschedule marijuana from Schedule I to Schedule III, provided preferential treatment to anti-rescheduling participants, and undermined pro-rescheduling participants' procedural rights.
Village Farms plans to submit a good faith affidavit to the DEA and Department of Justice alleging DEA bias. The company's legal counsel emphasizes the need for a special evidentiary hearing to ensure fairness and transparency in the proceedings.