Village Farms International Inc VFF

Consumer Defensive Farm Products

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.

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Village Farms International Inc

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Post by blackredblackon Mar 11, 2021 8:25am

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Post# 32770639

Mexico Legalizes!!

Pot stocks rise in premarket after Mexico passes bill to legalize recreational use

Mexico's lower house has voted 316 votes to 129 in favor of a bill that would legalize the recreational use of cannabis.
President Andrs Manuel Lpez Obrador's party is confident that the bill will next pass the final vote at the Senate which could make Mexico the third country in the world, after Uruguay and Canada, to permit recreational use of cannabis nationwide.
The law will allow users with a permit to carry up to 28g and grow as many as eight plants at home for personal use. Currently, it is illegal to carry more than five grams.
According to Reuters, it would also grant other licenses allowing cultivation, transformation, research, and export or import of cannabis.