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Village Farms International Inc VFF

Village Farms International, Inc. is a vertically integrated supplier for plant-based consumer packaged goods in the cannabis and cannabidiol (CBD) categories in North America, the Netherlands and selected markets internationally. The Company’s segments include Produce, Cannabis-Canada, Cannabis-United States and Energy. The Produce segment produces, markets, and sells 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 high-quality, CBD-based health and wellness products including ingestible, edible and topical applications. The Energy business receives a royalty from a renewable natural gas facility that is located at the Company's Delta facility. The Company's subsidiaries include Pure Sunfarms Corp., Balanced Health Botanicals, LLC and others.


NDAQ:VFF - Post by User

Post by Becker55on Feb 23, 2019 6:42am
160 Views
Post# 29403404

Not just buying land people

Not just buying land people

In Q&A interview with Tim Collins last week, I think DeGiglio told us he won't farm out extraction because Village wants control from seed to sale.  Perhaps he would treat Emerald different since they are already partner with Pure Sunfarms.  What Village will do on extraction will be worth watching.  Below copied from Q&A:

 

"The company has three decades of experience dealing with regulatory bodies. Cannabis and CBD will fall under the guise of the Food and Drug Administration in the United States. This will be a hurdle many new cannabis companies have never faced. Village Farms grew up in the regulatory system. This shouldn't be an issue for the company. 

 

Village Farms intends to be vertically integrated. It will control the process from seed to soil to growth t harvest to extraction to products and packaging. It has a history of being a low-cost producer in any space it enters and will employ that model with cannabis. As we witnessed Tuesday with Aurora's [Aurora Cannabis (ACB) ] earnings, big expenses will pinch the bottom line. By controlling all facets of its model, Village Farms eliminates third-party risk and will be aware of costs through all facets of cultivation to sale."

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