Village Farms International ( (VFF) ) has provided an update.
Village Farms International reported an 18% increase in full-year consolidated sales for 2024, with Canadian cannabis sales growing by 31%. The company is focusing on profitable growth initiatives for 2025, including a significant expansion in the Netherlands to quintuple production capacity. Despite a $10.5 million non-cash impairment affecting Q4 results, the company remains optimistic about its international sales growth, particularly in Germany, Australia, and the UK, and aims to triple its international sales in 2025.
More about Village Farms International
Village Farms International operates in the regulated cannabis industry, focusing on Canadian cannabis sales and international markets. The company is known for its leadership in dried flower market share and is expanding its production capacity in the Netherlands.
YTD Price Performance: -18.94%
Average Trading Volume: 385,916
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $77.51M
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