Village Farms International Takes Top Honors at the 2025 Stevie® Awards
Village Farms International (NASDAQ: VFF) has secured multiple prestigious recognitions at the 23rd Annual American Business Awards®, including two Gold Stevie® Awards and one Bronze Stevie® Award. The company's Founder, President and CEO Michael A. DeGiglio received a Gold Stevie for Lifetime Achievement in Consumer Products Industries, recognizing his pioneering work in controlled environment agriculture and cannabis sectors.
The second Gold Stevie was awarded for Sustainable Business Models, highlighting Village Farms' environmental initiatives including 97% land savings, 86% water reduction, and innovative clean energy projects that reduce CO₂ emissions by approximately 475,000 metric tons annually.
The Bronze Stevie for Achievement in International Expansion recognized the company's global cannabis growth, particularly in Europe and Australia, with a 111% year-over-year increase in international medicinal cannabis sales. Notable achievements include securing one of ten Dutch market licenses and maintaining top-selling strains in Germany.
Village Farms International (NASDAQ: VFF) ha ottenuto numerosi riconoscimenti prestigiosi ai 23° Annual American Business Awards®, tra cui due Gold Stevie® Awards e un Bronze Stevie® Award. Il fondatore, presidente e CEO Michael A. DeGiglio ha ricevuto un Gold Stevie per il Lifetime Achievement nelle industrie dei prodotti di consumo, in riconoscimento del suo lavoro pionieristico nell'agricoltura in ambiente controllato e nel settore della cannabis.
Il secondo Gold Stevie è stato assegnato per i Modelli di Business Sostenibili, mettendo in evidenza le iniziative ambientali di Village Farms, tra cui un risparmio del 97% del terreno, una riduzione dell'86% dell'acqua e progetti innovativi di energia pulita che riducono le emissioni di CO₂ di circa 475.000 tonnellate metriche all'anno.
Il Bronze Stevie per il Successo nell'Espansione Internazionale ha riconosciuto la crescita globale dell'azienda nel settore della cannabis, in particolare in Europa e Australia, con un incremento del 111% anno su anno nelle vendite internazionali di cannabis medicinale. Tra i risultati più significativi vi sono l'ottenimento di una delle dieci licenze per il mercato olandese e il mantenimento delle varietà più vendute in Germania.
Village Farms International (NASDAQ: VFF) ha obtenido múltiples reconocimientos prestigiosos en los 23º Annual American Business Awards®, incluyendo dos Gold Stevie® Awards y un Bronze Stevie® Award. El fundador, presidente y CEO Michael A. DeGiglio recibió un Gold Stevie por Logro de Vida en las industrias de productos de consumo, reconociendo su trabajo pionero en la agricultura en ambientes controlados y en el sector del cannabis.
El segundo Gold Stevie fue otorgado por Modelos de Negocio Sostenibles, destacando las iniciativas ambientales de Village Farms, incluyendo un 97% de ahorro de tierra, 86% de reducción de agua y proyectos innovadores de energía limpia que reducen las emisiones de CO₂ en aproximadamente 475,000 toneladas métricas anuales.
El Bronze Stevie por Logro en Expansión Internacional reconoció el crecimiento global de la compañía en cannabis, especialmente en Europa y Australia, con un incremento del 111% interanual en ventas internacionales de cannabis medicinal. Logros destacados incluyen obtener una de las diez licencias del mercado neerlandés y mantener las cepas más vendidas en Alemania.
Village Farms International (NASDAQ: VFF)는 제23회 Annual American Business Awards®에서 두 개의 Gold Stevie® Award와 한 개의 Bronze Stevie® Award를 포함한 다수의 권위 있는 상을 수상했습니다. 회사의 창립자이자 사장 겸 CEO인 Michael A. DeGiglio는 소비재 산업에서의 평생 공로를 인정받아 Gold Stevie를 수상했으며, 이는 통제된 환경 농업과 대마초 분야에서의 선구적인 업적을 기립니다.
두 번째 Gold Stevie는 지속 가능한 비즈니스 모델 부문에서 수상했으며, Village Farms의 환경 이니셔티브인 토지 97% 절감, 물 86% 절감 및 연간 약 475,000 미터톤의 CO₂ 배출 감소를 가져오는 혁신적인 청정 에너지 프로젝트를 강조했습니다.
국제 확장 성과 부문 Bronze Stevie는 특히 유럽과 호주에서의 글로벌 대마초 성장과 연간 111% 증가한 국제 의료용 대마초 판매를 인정했습니다. 주요 성과로는 네덜란드 시장에서 10개 라이선스 중 하나를 확보하고 독일에서 가장 많이 팔리는 품종을 유지한 점이 포함됩니다.
Village Farms International (NASDAQ : VFF) a remporté plusieurs distinctions prestigieuses lors de la 23e édition des Annual American Business Awards®, dont deux Gold Stevie® Awards et un Bronze Stevie® Award. Le fondateur, président et PDG Michael A. DeGiglio a reçu un Gold Stevie pour l'ensemble de sa carrière dans les industries des produits de consommation, en reconnaissance de son travail pionnier dans l'agriculture en environnement contrôlé et le secteur du cannabis.
Le deuxième Gold Stevie a été décerné pour les modèles d'affaires durables, mettant en avant les initiatives environnementales de Village Farms, comprenant une économie de 97 % des terres, une réduction de 86 % de l'eau ainsi que des projets innovants d'énergie propre réduisant les émissions de CO₂ d'environ 475 000 tonnes métriques par an.
Le Bronze Stevie pour la réussite en expansion internationale a reconnu la croissance mondiale de l'entreprise dans le secteur du cannabis, notamment en Europe et en Australie, avec une augmentation de 111 % d'une année sur l'autre des ventes internationales de cannabis médical. Parmi les réalisations notables figurent l'obtention d'une des dix licences sur le marché néerlandais et le maintien des variétés les plus vendues en Allemagne.
Village Farms International (NASDAQ: VFF) hat bei den 23. Annual American Business Awards® mehrere prestigeträchtige Auszeichnungen erhalten, darunter zwei Gold Stevie® Awards und einen Bronze Stevie® Award. Der Gründer, Präsident und CEO Michael A. DeGiglio wurde mit einem Gold Stevie für sein Lebenswerk in der Konsumgüterindustrie ausgezeichnet, was seine Pionierarbeit in der kontrollierten Umweltlandwirtschaft und im Cannabissektor würdigt.
Der zweite Gold Stevie wurde für nachhaltige Geschäftsmodelle verliehen und hebt Village Farms' Umweltinitiativen hervor, darunter 97% Flächeneinsparung, 86% Wasserreduktion und innovative Projekte für saubere Energie, die die CO₂-Emissionen um etwa 475.000 metrische Tonnen jährlich senken.
Der Bronze Stevie für Erfolge bei der internationalen Expansion erkannte das globale Wachstum des Unternehmens im Cannabissektor an, insbesondere in Europa und Australien, mit einem 111%igen Jahreswachstum bei den internationalen Verkäufen von medizinischem Cannabis. Zu den bemerkenswerten Erfolgen zählen der Erhalt einer von zehn niederländischen Marktlizenzen und die Aufrechterhaltung der meistverkauften Sorten in Deutschland.
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Awards Spotlight Village Farms International’s Visionary Leadership, Global Growth, and Commitment to Sustainable Innovation
VANCOUVER, British Columbia, April 28, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) was named the winner of two Gold Stevie® Awards and one Bronze Stevie® Award in the 23rd Annual American Business Awards®. The company earned top honors in the categories of Sustainable Business Models and Lifetime Achievement - Consumer Products Industries for Founder, President and Chief Executive Officer Michael A. DeGiglio, along with a Bronze in Achievement in International Expansion.
The American Business Awards® are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Tuesday, June 10. Tickets are now on sale.
Gold Stevie – Lifetime Achievement (Consumer Products Industries)
Awarded to Founder, President & CEO Michael A. DeGiglio, this honor recognizes a career defined by visionary leadership, innovation in controlled environment agriculture, and transformative growth across the produce and cannabis sectors. Under his guidance, Village Farms pioneered hydroponics, established market leadership in Canada’s legal cannabis sector, and built a global platform committed to sustainability and operational excellence.
Gold Stevie – Sustainable Business Models
This award celebrates Village Farms’ commitment to environmentally responsible agriculture. Through advanced greenhouse technology,
Bronze Stevie – Achievement in International Expansion
Village Farms was recognized for rapidly scaling its global cannabis operations across Europe and Australia. The company holds top-selling strains in Germany, achieved a
More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Thought Leader of the Year, and App of the Year, among others.
“It’s a tremendous honor to be recognized by the Stevie Awards, especially in categories that reflect the very core of who we are as a Company: pioneers of our industry committed to excellence in sustainable innovation and global expansion,” said Michael A. DeGiglio. “I’m especially humbled by the judge’s remarks recognizing our long-term impact in controlled environment agriculture and the cannabis industry, and our ability to adapt and thrive in a dynamic, competitive landscape. These awards are a clear reflection of not just my journey, but the dedication of our entire team, whose passion and persistence continue to make us stronger every day.”
More than 250 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.
“Organizations across the United States continue to demonstrate resilience and innovation,” said Stevie Awards president Maggie Miller. “The 2025 Stevie winners have helped drive that success through their innovation, persistence, and hard work. We congratulate all of the winners in the 2025 ABAs and look forward to celebrating their achievements during our June 10 gala event in New York.”
Details about The American Business Awards and the list of 2025 Stevie winners are available at www.StevieAwards.com/ABA.
About Village Farms International
Village Farms leverages decades of experience as a large-scale, Controlled Environment Agriculture-based, vertically integrated supplier for high-value, high-growth plant-based Consumer Packaged Goods. The Company has a strong foundation as the leading and longest-tenured fresh produce supplier to grocery and large-format retailers throughout the US and Canada and is capitalizing on new high-growth opportunities in the cannabis and CBD categories in North America, the Netherlands and selected markets internationally.
In Canada, the Company's wholly-owned Canadian subsidiary, Pure Sunfarms, is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer and one of Canada’s best-selling brands. The Company also owns
Internationally, Village Farms is targeting selected, nascent, legal cannabis and CBD opportunities with significant medium- and long-term potential. The Company exports medical cannabis from its EU GMP certified facility in Canada to a growing list of international markets including Germany, the United Kingdom, Israel, and Australia. The Company is expanding its international presence with additional export contracts to new countries and customers in the Asia-Pacific and European regions, as well as select strategic investments in operating assets. In Europe, wholly-owned Leli Holland has one of 10 licences to grow and distribute recreational cannabis products.
In the US, wholly-owned Balanced Health Botanicals is one of the leading CBD and hemp-derived brands and e-commerce platforms in the country. Subject to compliance with all applicable US federal and state laws and stock exchange rules, Village Farms plans to enter the US high-THC cannabis market via multiple strategies, leveraging one of the largest greenhouse operations in the country (more than 5.5 million square feet in West Texas), as well as the operational and product expertise gained through Pure Sunfarms' cannabis success in Canada.
Village Farms Clean Energy (VFCE), through a partnership with Atlanta-based Terreva Renewables, creates clean energy from landfill gas at its Delta RNG facility. VFCE receives royalties on all revenue generated. This partnership reduces Vancouver’s greenhouse gas emissions by 475,000 metric tons of CO2 per year, equivalent to removing more than 100,000 vehicles off the road or the energy use equivalent of powering 51,300 homes for one year.
About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
Sponsors of The 2025 American Business Awards include HCLTech, Melissa Sones Consulting, and SoftPro.
Cautionary Statement Regarding Forward-Looking Information
As used in this Press Release, the terms “Village Farms”, “Village Farms International”, the “Company”, “we”, “us”, “our” and similar references refer to Village Farms International, Inc. and our consolidated subsidiaries, and the term “Common Shares” refers to our common shares, no par value. Our financial information is presented in U.S. dollars and all references in this Press Release to “$” means U.S. dollars and all references to “C$” means Canadian dollars.
This Press Release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is subject to the safe harbor created by those sections. This Press Release also contains “forward-looking information” within the meaning of applicable Canadian securities laws. We refer to such forward-looking statements and forward-looking information collectively as “forward-looking statements”. Forward-looking statements may relate to the Company's future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, taxes, plans and objectives of or involving the Company. Particularly, statements regarding future results, performance, achievements, prospects or opportunities for the Company, the greenhouse vegetable or produce industry, the cannabis industry and market and our energy segment are forward-looking statements. In some cases, forward-looking information can be identified by such terms as “can”, “outlook”, “may”, “might”, “will”, “could”, “should”, “would”, “occur”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “try”, “estimate”, “predict”, “potential”, “continue”, “likely”, “schedule”, “objectives”, or the negative or grammatical variation thereof or other similar expressions concerning matters that are not historical facts. The forward-looking statements in this Press Release are subject to risks that may include, but are not limited to: our limited operating history in the cannabis and cannabinoids industry, including that of Pure Sunfarms, Corp. (“Pure Sunfarms”), Rose LifeScience Inc. (“Rose” or “Rose LifeScience”) and Balanced Health Botanicals, LLC (“Balanced Health”); the limited operational history of the Delta RNG Project in our energy segment; the legal status of the cannabis business of Pure Sunfarms and Rose and the hemp business of Balanced Health and uncertainty regarding the legality and regulatory status of cannabis in the United States; risks relating to the integration of Balanced Health and Rose into our consolidated business; risks relating to obtaining additional financing on acceptable terms, including our dependence upon credit facilities and dilutive transactions; potential difficulties in achieving and/or maintaining profitability; variability of product pricing; risks inherent in the cannabis, hemp, CBD, cannabinoids, and agricultural businesses; our market position and competitive position; our ability to leverage current business relationships for future business involving hemp and cannabinoids; the ability of Pure Sunfarms and Rose to cultivate and distribute cannabis in Canada; existing and new governmental regulations, including risks related to regulatory compliance and regarding obtaining and maintaining licenses required under the Cannabis Act (Canada), the Criminal Code and other Acts, S.C. 2018, C. 16 (Canada) for its Canadian operational facilities, and changes in our regulatory requirements; legal and operational risks relating to expected conversion of our greenhouses to cannabis production in Canada and in the United States; risks related to rules and regulations at the U.S. Federal (Food and Drug Administration and United States Department of Agriculture), state and municipal levels with respect to produce and hemp, cannabidiol-based products commercialization; retail consolidation, technological advances and other forms of competition; transportation disruptions; product liability and other potential litigation; retention of key executives; labor issues; uninsured and underinsured losses; vulnerability to rising energy costs; inflationary effects on costs of cultivation and transportation; recessionary effects on demand of our products; environmental, health and safety risks, foreign exchange exposure, risks associated with cross-border trade; difficulties in managing our growth; restrictive covenants under our credit facilities; natural catastrophes; elevated interest rates; and tax risks.
The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. Although the forward-looking statements contained in this Press Release are based upon assumptions that management believes are reasonable based on information currently available to management, there can be no assurance that actual results will be consistent with these forward-looking statements. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company's control, which may cause the Company's or the industry's actual results, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the factors contained in the Company's filings with securities regulators, including the Company’s most recently filed Quarterly Report on Form 10-Q and the Company’s most recently filed annual report on Form 10-K.
When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities. The forward-looking statements made in this Press Release relate only to events or information as of the date on which the statements are made in this Press Release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Contact Information
Sam Gibbons
Senior Vice President, Corporate Affairs
Village Farms International
Phone: (407) 936-1190 ext. 328
Email: sgibbons@villagefarms.com
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