Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through three segments: Produce Business, Energy Business, and Cannabis and Hemp Business. The company also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority; and produces and supplies cannabis products. It markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as products produced under exclusive arrangements with other greenhouse producers. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Delta, Canada.
IPO Year:
Exchange: NASDAQ
Website: villagefarms.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2023 | $11.00 → $2.50 | Outperform → Mkt Perform | Raymond James |
| 8/9/2022 | Buy → Hold | Craig Hallum | |
| 5/11/2022 | Strong Buy → Outperform | Raymond James | |
| 3/7/2022 | $12.75 → $9.30 | Overweight | Cantor Fitzgerald |
| 3/4/2022 | Buy → Hold | Stifel | |
| 11/9/2021 | $11.50 → $12.75 | Neutral → Overweight | Cantor Fitzgerald |
| 9/13/2021 | $16.00 | Outperform | BMO Capital Markets |
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
4 - Village Farms International, Inc. (0001584549) (Issuer)
8-K/A - Village Farms International, Inc. (0001584549) (Filer)
8-K - Village Farms International, Inc. (0001584549) (Filer)
8-K - Village Farms International, Inc. (0001584549) (Filer)
8-K - Village Farms International, Inc. (0001584549) (Filer)
DEF 14A - Village Farms International, Inc. (0001584549) (Filer)
10-Q - Village Farms International, Inc. (0001584549) (Filer)
8-K - Village Farms International, Inc. (0001584549) (Filer)
10-K/A - Village Farms International, Inc. (0001584549) (Filer)
8-K - Village Farms International, Inc. (0001584549) (Filer)
8-K - Village Farms International, Inc. (0001584549) (Filer)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
SC 13G/A - Village Farms International, Inc. (0001584549) (Subject)
Company Simultaneously Announces Transformative Transaction to Privatize Certain Fresh Produce Segment Assets and Focus Resources on Global Cannabis Growth Opportunities Canadian Cannabis Delivers Strongest EBITDA Performance in 3 Years; Maintains Top 3 Market Share Nationally Despite Reduction in Lower-Margin Branded SalesCanadian Cannabis Net Income and Adjusted EBITDA Increased 258% and 64% Year-over-YearInternational Medical Export Cannabis Sales Increased 285% Year-Over-YearCommenced Cannabis Sales in Netherlands, the Company's First European Recreational Market VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "C
– Company to privatize certain assets of its Fresh Produce segment; enter supply agreements for retained assets – – Village Farms and private investment firms create privately held joint venture through transaction – – Village Farms' Fresh segment to become cornerstone of NewCo's commercial operations and growth strategy – – Village Farms expected to receive $40 million in cash proceeds; 37.9% equity ownership interest in NewCo – – VFF retains ownership of all Canadian cultivation assets; Marfa I and Monahans for future cannabis optionality – VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NA
VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it has rescheduled its previously announced conference call to discuss its first quarter 2025 financial results to Tuesday, May 13, 2025, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms First Quarter 2025 Conference Call Webcast or on the Company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms First Quarter 2025 Conference Call Registration to receive telephone dial-in information. The live questi
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
VANCOUVER, British Columbia, April 23, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it will host a conference call to discuss its first quarter 2025 financial results on Tuesday, May 6, 2025, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms First Quarter 2025 Conference Call Webcast or on the Company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms First Quarter 2025 Conference Call Registration to receive telephone dial-in information. The live question and answer session will
– Canadian Cannabis Loans consolidated into one facility with a 50 bp rate improvement; extended to February 2028 – VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced that it has refinanced its syndicated Canadian Cannabis Term Loans, consolidating its three previous loans into one credit facility with two of its existing lenders. The new Canadian cannabis credit facility carries a variable interest rate below 8.0 percent, reflecting a 50 basis point improvement to the previous interest rate, as well as improved financial covenants and a maturity date of February 7, 2028, replaci
VANCOUVER, British Columbia, April 21, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced that on April 21, 2025, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq approved the Company's request for a 180-calendar day extension (the "Extension") to regain compliance with the minimum closing bid price of US$1.00 per share listing requirement (NASDAQ Listing Rule 5550(a)(2)). The Extension follows the expiration on April 16, 2025 of the initial 180-calendar day period to regain minimum closing bid price compliance. As a result of the Extension, the Company now has until October 13, 2025 (th
VANCOUVER, British Columbia, April 14, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced that it has favorably amended a credit agreement with one of its term lenders, resulting in improved terms, and greater financial flexibility which aligns with the Company's strategic focus on its expanding cannabis businesses internationally. The Company announced that it has amended its Fresh Produce loan with Farm Credit Canada ("FCC Loan") to improve financial covenants which will enable the Company to progress its business without continued waiver requirements. These changes reflect considerable expansion and growth of Villa
– Former consumer goods distribution, food, and retail service industry executive will help guide the Company's global expansion initiatives – VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced the hiring of Yvonne Trupiano as the Company's Executive Vice President and Global Chief Human Resources Officer (CHRO). In this newly created leadership position for the Company, Yvonne will support Village Farms' global expansion initiatives and its continued efforts to drive excellence across all areas of the organization. Ms. Trupiano brings over 25 years of experience primarily leadi
Full Year 2024 and Recent Business Highlights Full Year Consolidated Sales Grew 18% Year-over-Year to $336.2 Million2024 Canadian Cannabis Sales Grew 31% Year-over-Year; Retail Branded Sales Grew 23% #1 Market Share in Dried Flower, #2 in Pre-Rolls, and #3 Market Share Overall in 2024Full Year Consolidated Cash Flow from Operations of $10.3 MillionQ4 Consolidated Sales Grew 11% Year-over-Year to $82.6 MillionQ4 International Sales Increased 113% Year-over-Year; Expect International Sales to Triple in 2025Q4 Adjusted EBITDA Impacted by Non-Cash, Non-Flower Inventory Impairment of $10.5 MillionCompany Breaks Ground on Phase II Expansion in the Netherlands to Quin
– Former consumer goods distribution, food, and retail service industry executive will help guide the Company's global expansion initiatives – VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced the hiring of Yvonne Trupiano as the Company's Executive Vice President and Global Chief Human Resources Officer (CHRO). In this newly created leadership position for the Company, Yvonne will support Village Farms' global expansion initiatives and its continued efforts to drive excellence across all areas of the organization. Ms. Trupiano brings over 25 years of experience primarily leadi
VANCOUVER, British Columbia and ORLANDO, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or "the Company") (NASDAQ:VFF) is delighted to announce that Carolyn Hauger has been appointed to its Board of Directors, effective immediately, and will stand for election at the Company's annual shareholders meeting in June 2024. Ms. Hauger has extensive finance, operations and public company director experience having served as CFO for a variety of companies, where among many responsibilities she contributed to operational optimization, innovation strategies and early-stage development. Her experience includes both multi-national and emerging growth industri
VANCOUVER, British Columbia and ORLANDO, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms") (NASDAQ:VFF) today announced the appointment of William Stoufer as President of Balanced Health Botanicals ("BHB"), effective immediately. Mr. Stoufer will report directly to Michael DeGiglio, President and Chief Executive Officer of Village Farms. "Bill has been a key member of BHB senior leadership, responsible for establishing strong business processes with a focus on customer excellence, which contributed positive adjusted EBITDA and cash flow to Village Farms since acquisition." said Michael DeGiglio, President and Chief Executive Officer, Village Farm
-- Orville Bovenschen, Chief Operating Officer, Pure Sunfarms, Appointed President / Mandesh Dosanjh Steps Down and Will Assume Transitional Advisory Role – VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced the appointment of Orville Bovenschen as President of Pure Sunfarms, effective immediately. Mandesh Dosanjh has stepped down from his role at Pure Sunfarms and will move into a strategic advisory position for a transitional 90-day period. Mr. Bovenschen joined Village Farms as Vice President of European Business Development and Operations and was later named Chief Operating O
VANCOUVER, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced the appointment of Kathy Mahoney as an independent member of its Board of Directors, effective March 10, 2023. Ms. Mahoney is a veteran of the consumer goods distribution industry, having served in multiple executive level roles with industry leader, SpartanNash, in addition to her distinguished legal career. "I am very pleased to welcome Ms. Mahoney, with her extensive accomplishments and expertise, to the Village Farms Board," said John McLernon, Chairman of the Board of Village Farms. "Ms. Mahoney brings to the Village Farms Bo
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 23, 2022 /PRNewswire/ -- The CBD oil market is expected to witness an astounding CAGR of 38.90% from 2021 until 2029, climbing from $9.86 billion to $136.64 billion. There are several reasons behind the projected growth such a growing number of CBD-infused skincare products, increased use of THC and CBD in pain management and treatment, rising sales in both retail stores and online, expanding research, and increasing demand for ingestible products. Governments around the world have also begun opening up more doors for CBD, with a recent Health Canada report suggesting legal framework to broaden retail CBD sales across
VANCOUVER, BC, Feb. 10, 2022 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. In this newly created role, Ms. Gillin Lefever will be responsible for overseeing investor relations, providing guidance on strategy, growth (including potential mergers and acquisitions) and risk, and leading internal communications, as well as supporting government and public affairs. Ms. Gillin Lefever is an accomplished business, financial and capital markets executive, wh
– Mr. de Gortari Brings More Than 15 Years of Commercial, Finance and Accounting Experience with Molson Coors – VANCOUVER, BC, Aug. 30, 2021 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) (TSX:VFF) today announced its recently acquired, wholly owned subsidiary, Colorado-based Balanced Health Botanicals ("Balanced Health"), has appointed consumer products and finance veteran, Alejandro "Alex" de Gortari, as Chief Financial Officer. Mr. de Gortari succeeds Brandon Townsley, who has left Balanced Health to pursue other career interests. Mr. de Gortari is an accomplished finance and commercial leader, having served in increasingly senior posi
Company Simultaneously Announces Transformative Transaction to Privatize Certain Fresh Produce Segment Assets and Focus Resources on Global Cannabis Growth Opportunities Canadian Cannabis Delivers Strongest EBITDA Performance in 3 Years; Maintains Top 3 Market Share Nationally Despite Reduction in Lower-Margin Branded SalesCanadian Cannabis Net Income and Adjusted EBITDA Increased 258% and 64% Year-over-YearInternational Medical Export Cannabis Sales Increased 285% Year-Over-YearCommenced Cannabis Sales in Netherlands, the Company's First European Recreational Market VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "C
VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it has rescheduled its previously announced conference call to discuss its first quarter 2025 financial results to Tuesday, May 13, 2025, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms First Quarter 2025 Conference Call Webcast or on the Company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms First Quarter 2025 Conference Call Registration to receive telephone dial-in information. The live questi
VANCOUVER, British Columbia, April 23, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it will host a conference call to discuss its first quarter 2025 financial results on Tuesday, May 6, 2025, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms First Quarter 2025 Conference Call Webcast or on the Company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms First Quarter 2025 Conference Call Registration to receive telephone dial-in information. The live question and answer session will
Full Year 2024 and Recent Business Highlights Full Year Consolidated Sales Grew 18% Year-over-Year to $336.2 Million2024 Canadian Cannabis Sales Grew 31% Year-over-Year; Retail Branded Sales Grew 23% #1 Market Share in Dried Flower, #2 in Pre-Rolls, and #3 Market Share Overall in 2024Full Year Consolidated Cash Flow from Operations of $10.3 MillionQ4 Consolidated Sales Grew 11% Year-over-Year to $82.6 MillionQ4 International Sales Increased 113% Year-over-Year; Expect International Sales to Triple in 2025Q4 Adjusted EBITDA Impacted by Non-Cash, Non-Flower Inventory Impairment of $10.5 MillionCompany Breaks Ground on Phase II Expansion in the Netherlands to Quin
VANCOUVER, British Columbia and ORLANDO, Fla., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it will host a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, March 13, 2025, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms Fourth Quarter 2024 Conference Call Webcast or on the Company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms Fourth Quarter 2024 Conference Call Registration to receive telephone dial-in information. The l
Total Sales Grew 20% Year-over-Year: 29% Canadian Cannabis Net Sales Growth; 20% Fresh Produce Sales Growth; 111% International Medicinal Cannabis Sales GrowthCanadian Cannabis Remained #2 by Market Share and was Fastest Growing LP over Last Year; 22% Year-over-Year Retail Branded Sales GrowthCommenced Cultivation in Netherlands; Company's First International Recreational MarketCanadian Cannabis Delivered Positive Adjusted EBITDA, Operating Cash Flow and Net IncomeFresh Produce Delivered Positive Adjusted EBITDA and Net Income VANCOUVER, British Columbia and ORLANDO, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) t
VANCOUVER, British Columbia and ORLANDO, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, 2024, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms Third Quarter 2024 Conference Call Webcast or on the company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms Third Quarter 2024 Conference Call Registration to receive telephone dial-in information. The live question an
– Village Farms now owns 100% of Leli Holland, one of 10 licensed producers in the Dutch cannabis program – – Company recently completed construction of its cultivation facility in Drachten – – Leli expects to commence cultivation in October, pending final inspections – VANCOUVER, British Columbia and ORLANDO, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced that it has acquired the remaining equity ownership interest in Leli Holland, B.V. ("Leli"). This transaction increased Village Farms' equity ownership in Leli to 100 percent from 85 percent. "We are thrilled to complete this transaction as we
Total Sales Grew 19% Year-over-Year to a Record $92.1 MillionCanadian Cannabis Grew Net Sales 45% and Retail Branded Sales 35% Year-Over-Year to New RecordsCanadian Cannabis Delivered Another Quarter of Positive Adjusted EBITDA and Operating Cash Flow Canadian Cannabis Only Top-Five Producer to Grow Market Share Sequentially, Further Expanding Number 2 National Rank1Fresh Produce Sales Grew 7% Year-over-Year with Improved Gross Loss for First Half 2024 VANCOUVER, British Columbia and ORLANDO, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today reported its financial results for the second quarter ended June 30, 20
VANCOUVER, British Columbia and ORLANDO, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced it will host a conference call to discuss its second quarter 2024 financial results on Thursday, August 8, 2024, at 8:30 a.m. ET. Participants can access the conference call via a webcast at Village Farms Second Quarter 2024 Conference Call Webcast or on the company website at Village Farms - Events. Participants wanting to access the conference call by telephone must register in advance at Village Farms Second Quarter 2024 Conference Call Registration to receive telephone dial-in information. The live question
Raymond James downgraded Village Farms from Outperform to Mkt Perform and set a new price target of $2.50 from $11.00 previously
Craig Hallum downgraded Village Farms from Buy to Hold
Raymond James downgraded Village Farms from Strong Buy to Outperform
Cantor Fitzgerald reiterated coverage of Village Farms Intl with a rating of Overweight and set a new price target of $9.30 from $12.75 previously
Stifel downgraded Village Farms Intl from Buy to Hold
Cantor Fitzgerald upgraded Village Farms Intl from Neutral to Overweight and set a new price target of $12.75 from $11.50 previously
BMO Capital Markets initiated coverage of Village Farms with a rating of Outperform and set a new price target of $16.00
Cantor Fitzgerald reiterated coverage of Village Farms Intl with a rating of Neutral and set a new price target of $11.50 from $8.70 previously
Cantor Fitzgerald reiterated coverage of Village Farms Intl with a rating of Neutral and set a new price target of $8.70 from $11.00 previously
Cantor Fitzgerald reiterated coverage of Village Farms Intl with a rating of Neutral and set a new price target of $18.00 from $20.00 previously