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 (VFF) maintains this comprehensive news hub for investors and stakeholders tracking its diversified operations in controlled-environment agriculture and cannabis production. Access official press releases, financial disclosures, and operational updates from North America's leader in hydroponic greenhouse-grown produce and cannabinoid-based products.
This resource provides timely updates on earnings reports, strategic expansions, and sustainability initiatives across VFF's three core segments: premium vegetable cultivation through advanced hydroponics, vertically integrated cannabis operations via Pure Sunfarms, and innovative energy projects. Users will find critical developments regarding production capacity, market expansions, and quality assurance protocols that define the company's industry leadership.
Key content categories include quarterly financial results, partnership announcements, regulatory compliance updates, and technology implementations related to sustainable growing practices. The curated news flow enables stakeholders to monitor VFF's execution of its strategic priorities in both traditional agriculture and emerging cannabinoid markets.
For consistent access to verified information about VFF's operational and financial performance, bookmark this page or check back regularly. All content is sourced from official corporate communications to ensure accuracy and compliance with disclosure regulations.
Village Farms reported a 34% year-over-year revenue increase to $70.2 million for Q1 2022, yet faced a net loss of $6.5 million due to inflationary pressures affecting its produce business. The Canadian cannabis segment achieved a record 14 consecutive quarters of positive adjusted EBITDA, driven by Pure Sunfarms maintaining its status as the top-selling dried flower brand in key Canadian markets. The company is focused on leveraging its recent EU GMP certification to expand into international markets.
Village Farms International (NASDAQ: VFF) will host a conference call on May 10, 2022, at 8:30 a.m. ET to discuss its first quarter 2022 financial results. The company plans to release its financial results prior to the call at 7:00 a.m. ET. Interested participants can join the call via telephone or internet. A question and answer session will be limited to analysts, but others can submit questions via email. The call will be archived for replay.
Village Farms International (NASDAQ: VFF) announced participation by CEO Mandesh Dosanjh in a panel discussion on the Canadian cannabis market at the A.G.P. Alliance Global Partners Spring Cannabis Conference on May 3, 2022, at 10:00 AM ET. The event will be accessible via a live webcast on the company's website, with the presentation archived for 90 days. Village Farms, through its subsidiary Pure Sunfarms, is a major player in the cannabis industry and aims to leverage its greenhouse operations to expand in both the Canadian and U.S. markets.
Village Farms International (NASDAQ: VFF) announced that Chief Financial Officer Stephen Ruffini will participate in the 34th Annual ROTH Conference from March 13-15, 2022, in Orange County, California. He is scheduled for a One-on-One Fireside Chat on March 14 at 4:30 PM ET and a Panel Discussion on Cannabis Globalization on March 15 at 3:00 PM ET. The discussions will be available via live webcast on Village Farms' website and archived for 90 days.
Village Farms specializes in controlled environment agriculture and is a leading supplier in the cannabis market.
Village Farms International announced that its subsidiary, Pure Sunfarms, received EU GMP certification for its Delta 3 cannabis facility in British Columbia. This certification allows the company to export medical cannabis to EU markets, particularly targeting Germany, the largest medical cannabis market in the EU, with shipments expected to commence in Q3 2022. The certification is seen as a pivotal step in the company's strategy to expand its international cannabis platform and explore additional markets, including Israel.
Village Farms International reported its financial results for Q4 and the year ended December 31, 2021. The company achieved a 50% year-over-year increase in net sales to $120.8 million and a remarkable 89% rise in adjusted EBITDA to $29.3 million. This marks the 13th consecutive quarter of positive adjusted EBITDA, driven largely by its Canadian cannabis operations, particularly the top-selling Pure Sunfarms brand. The firm expects continued growth and profitability in 2022, bolstered by strategic acquisitions and expanding production capacity.
Village Farms International (VFF) will report its fourth quarter and year-end financial results on March 1, 2022, at 7:00 a.m. ET. A conference call will follow at 8:30 a.m. ET to discuss the results. Participants can access the call by dialing (416) 764-8659 or (888) 664-6392. The call will also be available online. Village Farms is a major player in Controlled Environment Agriculture and is noted for its cannabis operations, particularly through its subsidiary Pure Sunfarms. The company's growth strategies include entering the US high-THC cannabis market and targeting international cannabis opportunities.
Village Farms International announced the appointment of Ann Gillin Lefever as Executive Vice President of Corporate Affairs, effective immediately. In this newly established role, she will oversee investor relations, strategy, growth, risk management, and internal communications. Lefever brings extensive experience in capital markets and equity analysis, previously advising Village Farms as a consultant. The company positions itself as a leader in high-value plant-based consumer products, aiming for growth in the cannabis and CBD markets in North America and internationally.
Michael A. DeGiglio, CEO of Village Farms International (NASDAQ: VFF), exercised stock options and sold 100,000 common shares on February 1, 2022, for US$530,100 at an average price of US$5.30 each. This sale was part of his 10b-5-1 Trading Plan. After the transaction, DeGiglio still beneficially owns approximately 9,349,529 shares, a reduction from 11.1% to 10.9% ownership of the company's outstanding shares. The sale was executed to cover the cost of exercising the options and to meet tax obligations. DeGiglio has no immediate plans for further share transactions.
Village Farms International (NASDAQ: VFF) announces a live "Ask Me Anything" (AMA) session on Reddit's r/weedstocks subreddit on January 13, 2022, at 6:00 p.m. ET. The event will feature CEO Michael DeGiglio and Mandesh Dosanjh, President of Pure Sunfarms. Users can submit questions in advance by registering on Reddit. Village Farms operates a significant cannabis business and is expanding into the US high-THC market while maintaining a leading position in the CBD sector.
FAQ
What is the current stock price of Village Farms Intl (VFF)?
What is the market cap of Village Farms Intl (VFF)?
