Village Farms Expands Cannabis Distribution to New Zealand

Village Farms International ( (VFF) ) has issued an update.

Village Farms International has announced its first shipment of medical cannabis to New Zealand through its subsidiary Pure Sunfarms. The shipment includes Pink Kush, a top-selling dried flower strain in Canada, which will be distributed by Medleaf Therapeutics under the ‘Bloom’ brand. This expansion into New Zealand is part of Village Farms’ strategy to grow its international cannabis business, capitalizing on the projected growth of the New Zealand cannabis market. The partnership with Medleaf, a leading local cannabis supplier, is expected to enhance Village Farms’ presence in strategic international markets.

More about Village Farms International

Village Farms International is a large-scale, Controlled Environment Agriculture-based, vertically integrated supplier known for high-value, high-growth plant-based Consumer Packaged Goods. The company is a leading fresh produce supplier to grocery and large-format retailers in the US and Canada and is expanding into the cannabis and CBD markets in North America, the Netherlands, and selected international markets.

YTD Price Performance: -14.71%

Average Trading Volume: 383,056

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $81.55M

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