Village Farms Announces Election of Directors and Results of Annual Meeting of Shareholders
Rhea-AI Summary
Village Farms (NASDAQ:VFF) reported voting results from its June 2, 2026 annual meeting of shareholders. Shareholders and proxy holders voted 57,069,476 common shares, representing 49.93% of outstanding shares.
All matters in the April 29, 2026 proxy statement were approved, all director nominees were elected, and KPMG LLP was re-appointed auditor.
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Negative
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News Market Reaction – VFF
In the Jun 3 session, VFF declined 4.00%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 27 | Industry award win | Positive | -1.2% | Recognition as Producer of the Year for cannabis operations and standards. |
| May 11 | Earnings release | Positive | +2.7% | Strong Q1 2026 results led by record international cannabis exports. |
| Apr 29 | Earnings date set | Neutral | +0.7% | Announcement of Q1 2026 release date and conference call details. |
| Apr 23 | Regulatory shift | Positive | +1.1% | Company response to U.S. cannabis rescheduling to Schedule III. |
| Apr 09 | Product initiative | Positive | +0.7% | Launch of THC potency range labelling pilot on Canadian product. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news has generally seen modestly positive price alignment, with only one divergence on otherwise favorable sentiment.
Over the last few months, Village Farms announced several cannabis-focused milestones. Q1 2026 results on May 11 highlighted stronger profitability and international export growth, following an earnings-date notice on April 29. Earlier, the company celebrated U.S. cannabis rescheduling and piloted THC potency range labelling in Canada, both supporting its cannabis strategy. An industry award on May 27 reinforced its positioning. Today’s annual meeting results, confirming director elections and auditor re-appointment, fit into this steady governance and execution backdrop.
Key Terms
proxy statement regulatory
auditor financial
Securities and Exchange Commission regulatory
SEDAR regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, British Columbia, June 02, 2026 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced the voting results from its annual meeting of shareholders held earlier today (the "Meeting"). A total of 57,069,476 common shares of the Company, representing
All of the matters put forward before the Company's shareholders for consideration and approval, as set out in the Company's proxy statement dated April 29, 2026 (the "Proxy Statement"), were approved by the requisite majority of votes cast at the Meeting. Directors were elected as follows:
| Nominee | Proxy Votes For | Proxy % For | Proxy Votes Withheld | Proxy % Withheld |
| John R. McLernon | 20,796,037 | 2,526,189 | ||
| John P. Henry | 20,793,950 | 2,528,276 | ||
| David Holewinski | 20,924,980 | 2,397,247 | ||
| Kathleen M. Mahoney | 22,872,105 | 450,121 | ||
| Christopher C. Woodward | 20,819,241 | 2,502,985 | ||
| Carolyn Hauger | 22,969,457 | 352,766 | ||
| Michael A. DeGiglio | 23,080,981 | 241,245 |
KPMG LLP was also re-appointed auditor of the Company to hold office until the next annual meeting of shareholders and the directors were authorized to fix the auditor's remuneration.
Final voting results of all matters voted on at the Meeting will be filed with the Securities and Exchange Commission and will be available at www.sec.gov, and will also be filed in Canada on SEDAR (www.sedarplus.ca) later today.
About Village Farms International, Inc.
Village Farms is a global leader in cannabis, plant-based consumer packaged goods, and sustainable innovation. With a legacy built on decades of Controlled Environment Agriculture expertise and Dutch farming practices, today the Company is one of the world’s largest and most profitable cannabis operators with an asset portfolio that spans over 7 million square feet of advanced greenhouse and indoor cultivation assets.
In Canada, Village Farms operates the world’s largest EU-GMP certified cannabis facility at its production campus in Delta, British Columbia, and exports products to international medical markets. The Company is also a market share leader in dried flower formats and produces and distributes some of the country’s highest quality and best-selling strains, including its flagship Pure Sunfarms Pink Kush, one of the most widely consumed strains on the planet. Village Farms’ Canadian brand portfolio includes Pure Sunfarms, Fraser Valley Weed Co., Soar, Super Toast, Pure Laine, Tam Tams and Promenade.
In the Netherlands, the Company is one of only ten licensed operators in the country’s regulated cannabis program, and in the United States its CBDistillery brand is one of the country’s premier cannabinoid wellness platforms, and it also holds equity interests in cannabis businesses in Australia and Germany. Beyond cannabis, the Company’s Clean Energy division transforms landfill gas into renewable natural gas, and it also holds an equity interest in Verdexa Holdings (formerly Vanguard Food LP), a private venture pursuing strategic acquisitions to build a premier branded food platform in North America.
Contact Information
Sam Gibbons
Senior Vice President, Corporate Affairs
Phone: (407) 936-1190 ext. 328
Email: sgibbons@villagefarms.com
Danielle Allore
Senior Manager, Communications
Email: dallore@villagefarms.com
