VFF becoming the sleeper pick in the industry.... As the recreational marketing in Canada looms, the big question is how successful licensed producers will be at actually meeting their cultivation targets. It’s easy to throw money at building a high-tech cultivation facility, but hiring employees, managing them effectively, and continuously harvesting massive quantities of high quality cannabis in full regulatory compliance is another matter. Many licensed producers have run small-scale operations, but haven’t proven their ability to efficiently scale up much larger.
Village Farms has a proven track record in this regard. Factor in the likely commoditization of cannabis flower as the market matures and supply meets demand, and the company’s long experience in producing high quality, low cost agricultural products looks even more attractive.
In USA, the company owns four facilities with a total of 5.7 million sq. ft. of growing space on 130 acres. If the U.S. legalizes cannabis on a federal level, the company is well positioned to expand into the U.S. market in a big way and generate additional value.
GLTA!!