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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 Steve84on Mar 04, 2019 7:13am
96 Views
Post# 29436807

This doesnt look good!

This doesnt look good!VANCOUVER, March 4, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (TSX: VFF; NASDAQ: VFF) is providing the following update regarding the recent halt in trading of its common shares on the Nasdaq Stock Market ("Nasdaq"). Nasdaq advised Village Farms that its common shares are not yet Direct Registration System (DRS) eligible, which is a requirement for listed securities on Nasdaq as the DRS system facilitates the timely settlement of trades. Village Farms provided Nasdaq with information generated from a third-party which incorrectly confirmed that Village Farms' common shares would become DRS eligible at the commencement of their trading on Nasdaq. In order to rectify this matter, Village Farms is working closely to resolve the matter as soon as possible and meet all applicable Nasdaq listing requirements. For greater certainty, this matter is solely administrative in nature and relates exclusively to trading settlement mechanics. The Company anticipates its common shares will resume trading on the Nasdaq Capital Market shortly. Village Farms' common shares continue to trade on the Toronto Stock Exchange.
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