RE:And vff has a market cap of 450 millYukonJer wrote:
and sold 38 million US dollars last quarter. :)
It depends of your investment style and it is not mine. I am after the big bucks $.
They entered the MJ business but they are also selling tomatoes and cucumbers where the margin is and will always been "a lot but a lot lower" than MJ.
2.22% of revenue growth over 5 years. I prefer the pure MJ vertically companies than a company who sells vegetables that will always be handicapped by their other productions. They also produce power that will never generate as much revenue than a pure vertically cannabis producers.
VFF 5-Year Avg. Revenue Growth 2.22% APHA 5-Year Avg. Revenue Growth 948.82%
It doesn't mean it is a bad investment but I prefer a pure player. This is why I won't dig further for VFF. Their non-cannabis businesses will always drag behind the pure cannabis players. Even their vegetable production is more lucrative than its energy production.
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Village Farms International Inc, along with its subsidiaries owns and operates agricultural greenhouse facilities. It produces, markets, and sells tomatoes, bell peppers, and cucumbers. It also produces power. The company operates its business through segments that are Produce Business and Energy Business. The Produce Business segment generates maximum revenue for the company. Geographically, the company exports the products to the United States of America only.