Motely fool $32.68 ***WOW!
Weed upstart on the move I still maintain my position that Village Farms International Inc. (TSX:VFF)(NASDAQ:VFF), the lesser-known cannabis stock, will pull the rug from under the industry giants. The company announced that the 50-50 joint venture with Pure Sunfarms moving as planned. The objective of achieving a full run-rate production of 75,000 kilograms of dried cannabis annually is right on schedule. The large-scale, low-cost, high-quality cannabis production is happening at the 1.1 million square foot Delta 3 greenhouse in Delta, B.C. The Village Fields Hemp, a joint venture in North Carolina, is also progressing very well. The program is for outdoor cultivation of high CBD-hemp and CBD extraction. Analysts are now forecasting the stock of the longest-operating vertically integrated greenhouse grower to jump from $13.14 to at least $32.68.