Village Farms(US:VFF) Globenewswire·2026-02-26 21:30Company Overview - Village Farms International, Inc. is a large-scale, vertically-integrated supplier of high-value, high-growth plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [4] - The company has a strong foundation as a leading fresh produce supplier in the US and Canada, while now focusing on high-growth cannabinoid opportunities internationally [4] Cannabis Operations - In Canada, the company's subsidiary, Pure Sunfarms, operates one of the largest cannabis facilities globally, with 2.2 million square feet of greenhouse production, and is recognized as a low-cost producer with high-quality products [5] - Village Farms owns an additional 2.6 million square feet of greenhouse capacity in Canada for future expansion and holds an 80% stake in Rose LifeScience, a leader in cannabis product commercialization [5] International Expansion - The company is targeting legal cannabis opportunities internationally, exporting medical cannabis from its EU GMP certified facility in Canada to markets such as Germany, the UK, Israel, Australia, and New Zealand [6] - Village Farms is expanding its export business and making investments in international production assets, including a license to grow and distribute recreational cannabis in the Netherlands [6] US Market Strategy - In the US, Balanced Health Botanicals, a wholly-owned subsidiary, is a leading CBD and hemp-derived brand and e-commerce platform [7] - Village Farms plans to enter the US THC market by leveraging its Texas-based greenhouse assets, which include 2.2 million square feet of existing greenhouse capacity and 950 acres of owned land for future expansion [7] Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas at its Delta RNG facility, receiving royalties on all generated revenue [8]