Village Farms International
Village Farms International has been a pioneer in Controlled Environment Agriculture in North America for over three decades and has expanded into the recreational cannabis, health, and wellness sectors since 2017.
Company Overview
Village Farms International is a pioneer in Controlled Environment Agriculture, operating in North America for over three decades. The company expanded its focus in 2017 to include the recreational cannabis, health, and wellness sectors. Village Farms International utilizes sustainable greenhouse growing methods and prioritizes responsible sourcing of ingredients and clean energy use. The company is listed on NASDAQ under the ticker symbol VFF.
Brands
Village Farms International operates several brands under its portfolio. These include Village Farms Fresh, known for its greenhouse-grown produce; Pure Sunfarms, one of the largest cannabis operations globally; ROSE LifeScience, a cannabis commercialization expert based in Québec with 70% ownership by Village Farms; and Balanced Health Botanicals, a leading CBD brand in the United States. These brands reflect the company's commitment to sustainable growth and innovation in the agriculture and cannabis industries.
Sustainable Practices
Village Farms International employs sustainable greenhouse growing methods and responsible sourcing practices. The company focuses on clean energy use, exemplified by its VF Clean Energy subsidiary, which converts landfill gas into clean energy for its Vancouver greenhouse. These initiatives align with the company's mission to improve the wellbeing of humankind and the earth.
Cannabis Operations
Village Farms International has expanded significantly into the cannabis sector. It runs one of the largest cannabis operations globally through its subsidiary Pure Sunfarms. The company also owns 70% of the Québec-based ROSE LifeScience, focusing on cannabis product commercialization. Additionally, Village Farms is planning to enter the US high-THC cannabis market by leveraging its large greenhouse operations in West Texas. The company aims to explore legal cannabis and CBD opportunities internationally, with initial targets in the Asia-Pacific region and Europe.
International Expansion
Village Farms International has targeted international opportunities for legal cannabis and CBD markets. The company is focusing initially on the Asia-Pacific region and Europe as part of its expansion strategy. This international focus aims to leverage the company's existing expertise in greenhouse operations and its established brands, ensuring effective entry into new markets.