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Village Farms International Inc VFF

Village Farms International, Inc. is a vertically integrated supplier of plant-based consumer packaged goods in the cannabis and cannabidiol (CBD) categories in North America and selected markets internationally. The Company’s segments include Produce, Cannabis Canada, Cannabis United States and Energy. The Produce segment produces, markets, and sells quality tomatoes, bell peppers and cucumbers. The Cannabis Canada segment produces and supplies cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. The Cannabis United States segment develops and sells CBD-based health and wellness products, including ingestible, edible and topical applications. The Energy segment produces power that it sells per a long-term contract to its customers. Its subsidiaries include Village Farms Canada LP, Village Farms LP, Pure Sunfarms Corp, Balanced Health Botanicals, LLC, and Rose LifeScience Inc.


NDAQ:VFF - Post by User

Post by Keeleron Jan 26, 2023 6:54pm
357 Views
Post# 35249059

Tomorrow might be interesting

Tomorrow might be interestingI bought at .93 and averaged down.
I'm comfortable with my cost tonight - but tomorrow?

It sure seems to be an overreaction - I mean, $25 million, $ 1.35/$1.65?
I can't see this NOT recovering, the produce side took a hit - but Pure cannabis is profitable and growing, including international sales.
The financial institutions participating show confidence in the company - there's a lot of cannabis LPs that couldn't get this sort of direct offering.
I'm wondering why they need the money? Surely it's not day to day operations, is there soemthing else going on? 
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