Village Farms International ( (VFF) ) has issued an announcement.
Village Farms International reported an 18% increase in full-year consolidated sales for 2024, reaching $336.2 million, with Canadian cannabis sales growing by 31%. The company is focusing on profitable growth initiatives for 2025, including international expansion and operational efficiencies. Despite a $10.5 million non-cash impairment charge affecting Q4 results, Village Farms plans to triple international sales and quintuple production capacity in the Netherlands, positioning itself for significant growth in the regulated cannabis market.
More about Village Farms International
Village Farms International is a company operating in the cannabis industry, with a focus on Canadian and international markets. It is known for its leadership in dried flower market share and is involved in both cannabis and fresh produce sectors.
YTD Price Performance: -18.94%
Average Trading Volume: 385,916
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $77.51M
See more insights into VFF stock on TipRanks’ Stock Analysis page.