Core Insights - Village Farms International, Inc. has appointed Brian Ellis as the Chief Information and Technology Officer to oversee enterprise architecture and IT strategy as the company expands globally [1][3] - Brian Ellis brings over 25 years of IT experience from various industries, including significant roles in digital transformation at companies like Nike and Booking.com [2] - The company is focusing on scaling its business internationally, particularly in the cannabis sector, leveraging its extensive agricultural expertise [4][5] Company Overview - Village Farms is a vertically-integrated supplier of plant-based Consumer Packaged Goods, with a strong foundation in fresh produce supply to grocery retailers in the US and Canada [4] - The company operates one of the largest cannabis operations in Canada, Pure Sunfarms, with 2.2 million square feet of greenhouse production and plans for future expansion [5] - Village Farms is targeting international cannabis opportunities, exporting medical cannabis to markets such as Germany and Australia, and has a presence in the Dutch recreational cannabis market [6] US Market Strategy - In the US, Village Farms' subsidiary Balanced Health Botanicals is a leading CBD brand, and the company plans to enter the THC market using its Texas-based greenhouse assets, which include 2.2 million square feet of existing capacity and 950 acres for future expansion [7] Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas, receiving royalties on generated revenue [8]
Village Farms International Welcomes Brian Ellis as Chief Information and Technology Officer