Core Insights - Village Farms International, Inc. reported its financial results for the fourth quarter and full year 2024, highlighting a focus on profitable growth initiatives for 2025 [1][3]. Financial Performance - Full year consolidated sales increased by 18% year-over-year to $336.2 million, with Canadian Cannabis sales growing by 31% and retail branded sales up by 23% [4]. - Fourth quarter consolidated sales grew by 11% year-over-year to $82.6 million, while international sales surged by 113% year-over-year [4][7]. - The company faced a $10.5 million non-cash impairment charge related to non-flower inventory, which impacted fourth quarter and full year Adjusted EBITDA, which would have been $7.0 million and $12.2 million, respectively, without this charge [2][5]. Canadian Cannabis Segment - Canadian Cannabis gross margin and Adjusted EBITDA margin for Q4 were reported at 33% and 12%, respectively, excluding the inventory impairment [3]. - The company maintained the 1 market share in dried flower, 2 in pre-rolls, and 3 overall in the Canadian market for 2024 [4][6]. - Retail branded sales in Canadian Cannabis decreased by 1%, while international medicinal sales increased by 127% [7][18]. International Expansion - The company has expanded its international sales, driven by demand in Germany, Australia, and the UK, and aims to triple international medicinal export sales in 2025 [3][4]. - Village Farms has recently entered the New Zealand market and is optimistic about future customer and market opportunities [3][4]. Operational Developments - The company is optimizing resources between its Pure Sunfarms and Rose subsidiaries to enhance operational efficiencies [3]. - A Phase II expansion project has commenced at the Leli Holland subsidiary in the Netherlands, expected to quintuple annual production capacity by Q4 2025 [4][3]. Cash Flow and Losses - Full year cash flow from operations was reported at $10.3 million, with a net loss improving by 66% to $8.6 million in Q4 [4][7]. - The company reported a consolidated net loss of $4.8 million for the year, compared to a profit of $4.0 million in the previous year [20][24].

Core Insights - ROSE LifeScience Inc. has launched new product extensions for its Pure Laine and Tam Tams brands, aiming to enhance the cannabis experience for Canadian consumers [1] Product Offerings - Pure Laine Originals has introduced two new products: Pure Laine Selects – Special Haze & Original Kush Slims, available in 10-packs, featuring iconic cannabis cultivars [2] - Tam Tams has launched two pre-rolls: Cherry Bloom & Tropical Milkshake, designed to evoke the essence of a Montreal summer, available in a 7x0.5g format [3] - The winter 2025 product line from ROSE is now available in select provinces across Canada [3] Company Overview - ROSE LifeScience is a significant player in the Québec cannabis market, focusing on responsible production, sale, and consumption of cannabis [4] - The company is majority-owned by Village Farms International, which has extensive experience in controlled environment agriculture and is a leading supplier of fresh produce [5] - Village Farms operates Pure Sunfarms, one of the largest cannabis operations globally, and holds an 80% stake in ROSE LifeScience [6] Market Position - Village Farms ranks as the 2 cannabis producer in Canada and is expanding into the U.S. high-THC cannabis market, leveraging its greenhouse operations [7] - The company is also targeting international cannabis and CBD opportunities, particularly in the Asia-Pacific region and Europe, holding a cannabis license in the Netherlands [8]

Company Overview - Village Farms International, Inc. has announced its first shipment of Pink Kush to New Zealand through its subsidiary Pure Sunfarms, marking a significant step in its international expansion strategy [2][4] - Pink Kush is recognized as the top-selling dried flower strain in Canada over the past four years, highlighting its popularity and market strength [2][3] Market Expansion - The New Zealand cannabis market is projected to grow at a compound annual growth rate (CAGR) of 58% by 2030, indicating substantial growth potential for medical cannabis products [3] - Medleaf Therapeutics, a New Zealand-based company, will distribute Pink Kush under its 'Bloom' brand, leveraging its established distribution network across clinics and healthcare practitioners [3][5] Strategic Partnerships - The partnership with Medleaf Therapeutics is aimed at enhancing Village Farms' presence in international medical markets, showcasing the company's commitment to expanding its global footprint [4] - Medleaf's focus on market-proven medical cannabis products aligns with Village Farms' strategy to export leading cannabis products to growing international markets [5] Operational Strength - Village Farms operates one of the largest cannabis operations globally through Pure Sunfarms, recognized for being a low-cost greenhouse producer and a best-selling brand in Canada [8] - The company is also involved in various international markets, exporting medical cannabis to countries such as Germany, the UK, Israel, and Australia, while targeting new opportunities in the Asia-Pacific and European regions [9] Future Outlook - Village Farms plans to enter the US high-THC cannabis market, utilizing its extensive greenhouse operations and the expertise gained from its Canadian cannabis success [10] - The company is focused on expanding its international presence with additional export contracts and strategic investments in operating assets [9]

Company Overview - Village Farms International, Inc. is a vertically integrated supplier specializing in Controlled Environment Agriculture, focusing on high-value, high-growth plant-based Consumer Packaged Goods [4] - The company is a leading fresh produce supplier in the US and Canada and is expanding into the cannabis and CBD markets [4] Cannabis Operations - In Canada, Village Farms' subsidiary Pure Sunfarms is one of the largest cannabis operations globally and a top-selling brand [5] - The company holds an 80% stake in Rose LifeScience, a prominent cannabis product commercialization expert in Québec [5] - Village Farms is exporting medical cannabis from its EU GMP certified facility in Canada to various international markets, including Germany, the UK, Israel, and Australia [6] US Market Strategy - The company plans to enter the US high-THC cannabis market, leveraging its extensive greenhouse operations in West Texas, which spans over 5.5 million square feet [7] - Balanced Health Botanicals, a subsidiary, is a leading CBD and hemp-derived brand and e-commerce platform in the US [7] Clean Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates clean energy from landfill gas, significantly reducing greenhouse gas emissions in Vancouver [8] - The partnership contributes to a reduction of 475,000 metric tons of CO2 emissions annually, equivalent to removing over 100,000 vehicles from the road [8]

Industry Overview - The marijuana sector is experiencing volatility, with investors needing to conduct thorough research to develop effective investment strategies [1][2] - The industry is expected to continue facing ups and downs in 2025, driven by federal reform efforts and cannabis approval initiatives [2] Company Highlights - Village Farms International, Inc. produces and markets greenhouse-grown vegetables and has expanded its operations to include in-house production of CBD gummies through its subsidiary, Balanced Health Botanicals [4][6] - Canopy Growth Corporation is involved in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes across multiple countries [9][10] Financial Performance - Canopy Growth Corporation reported a 5% decrease in net revenue for Q3 FY2025 compared to the same quarter in the previous year [12] - The gross margin for Canopy Growth decreased by 400 basis points to 32% in Q3 FY2025 [12] - The operating loss from continuing operations for Canopy Growth was $24 million in Q3 FY2025, showing a 61% improvement compared to Q3 FY2024 [12] - Adjusted EBITDA loss for Canopy Growth was $3 million in Q3 FY2025, reflecting a 61% year-over-year improvement [12]

DENVER, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Balanced Health Botanicals' CBDistillery™, a wholly-owned subsidiary of Village Farms International (NASDAQ:VFF) and one of the best-selling CBD brands in the United States, today announced that its full range of hemp-derived gummies is now manufactured in-house at its GMP-certified facility south of Denver, Colorado. This internalization demonstrates the company's commitment to offering quality wellness products while enabling greater innovation, agility, and inven ...

– Company meets previous guidance on commencement of sales with deliveries of first flower harvest to coffeeshops –ORLANDO, Fla. and VANCOUVER, British Columbia, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced it has begun processing orders and deliveries at its wholly-owned Leli Holland subsidiary (“Leli”) in the Netherlands, meeting its previously-disclosed guidance on its timeline to commencement of sales in the Dutch ma ...

– Company views delay as imperative administrative step and symbolic win for industry against conflicted DEA – – Company condemns agency wrongdoing and commends judge for harsh criticism of government officials – – CEO Michael DeGiglio affirms commitment to fight for reform; calls on Trump administration to correct past failures – ORLANDO, Fla. and VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today issued a ...

– Parties urge the court to take immediate corrective action in response to renewed Request – – Filing asserts that DEA is using authority in these proceedings to thwart a proposal it vehemently opposes – – New evidence of widespread DEA wrongdoing necessitates Agency's removal from participation in proceedings – ORLANDO, Fla. and VANCOUVER, British Columbia, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) and Hemp for Victory (collectively ...

DELTA, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Pure Sunfarms Corp. (“Pure Sunfarms”), a wholly owned subsidiary of Village Farms International, Inc. (Nasdaq: VFF) and a leading global cannabis operation with top-performing brands, announces the launch of The Canna Czar presented by Soar. This twax blunt honours the artistry of the legacy Canna Czar through its recreation for today’s consumer. The Canna Czar is a 2.1g specialty twax blunt. The layered infused blunt is handmade with a golden shatt ...