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Village Farms Expands Cannabis Reach to New Zealand with Pink Kush

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Village Farms Expands Cannabis Reach to New Zealand with Pink Kush

An announcement from Village Farms International ( (VFF) ) is now available.

Village Farms International announced its first shipment of the Pink Kush cannabis strain to New Zealand through its subsidiary Pure Sunfarms. This move, in partnership with Medleaf Therapeutics, marks an expansion into the growing New Zealand medical cannabis market, which is expected to see significant growth by 2030. The introduction of Pink Kush, a top-selling strain in Canada, into New Zealand is a strategic step in Village Farms’ plan to expand its international cannabis business.

More about Village Farms International

Village Farms International is a vertically integrated supplier specializing in Controlled Environment Agriculture. The company has a strong presence as a fresh produce supplier in the US and Canada and is expanding into high-growth areas like cannabis and CBD in North America and internationally.

YTD Price Performance: -14.71%

Average Trading Volume: 383,056

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $81.55M

See more insights into VFF stock on TipRanks’ Stock Analysis page.

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