|Bid||15.51 x 0|
|Ask||15.50 x 0|
|Day's Range||14.99 - 15.90|
|52 Week Range||3.98 - 24.25|
|Beta (3Y Monthly)||5.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 23, 2017 - Mar 24, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.97|
VANCOUVER , April 18, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (VFF) (VFF) announced today that it has completed its previously announced bought deal offering of 1,000,000 common shares (the "Offered Shares") in the capital of the Company at a price of $20.00 per Offered Share for aggregate gross proceeds to the Company of $20,000,000 (the "Offering"). The Offering was conducted by a syndicate of underwriters led by Beacon Securities Limited, and including Canaccord Genuity Corp. and GMP Securities L.P. The Company intends to use the net proceeds for working capital purposes, including the growth capital needs of the Company's U.S. hemp business.
The stock was down about 10% on Tuesday afternoon after Citron issued a report inferring the company is a fraud (calling for an SEC investigation) and assigned it a $1 price target. After reading the report, I believe there should be an SEC investigation of Citron for manipulation. Do you really believe the $1 price target is based on some valuation method?
POINT ROBERTS, Wash. and DELTA, British Columbia, April 08, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market.
VANCOUVER , April 4, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (VFF) (VFF) is pleased to announce that it has entered into an agreement with Beacon Securities Limited ("Beacon"), as lead underwriter, on its own behalf and on behalf of a syndicate of underwriters (together with Beacon, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 1,000,000 common shares (the "Offered Shares") in the capital of the Company at a price of $20.00 per Offered Share (the "Issue Price") for aggregate gross proceeds to the Company of $20,000,000 (the "Offering").
Despite significant cannabis supply constraints, the bottom-line forecasts for these pot stocks are headed in the right direction.
VANCOUVER , April 1, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (VFF.TO) (VFF.TO) today announced that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has exercised its option on the existing 1.1 million square foot Delta 2 greenhouse facility currently owned by Village Farms in Delta, British Columbia. The Delta 2 facility is a newer, nearly identical "sister" facility immediately adjacent to the 1.1 million square foot Delta 3 greenhouse facility, which is already one of the largest cannabis production operations in the world. The addition of the Delta 2 greenhouse operation doubles Pure Sunfarms' total production area to 2.2 million square feet and, with conservatively targeted annual production of approximately 75,000 kilograms of dried cannabis, doubles its annual cannabis production potential to approximately 150,000 kilograms. Pure Sunfarms also expects to benefit from further economies of scale resulting from the concentration of 2.2 million square feet of production area at a single location, which will further support the Company's goal to be the high-quality, low-cost cannabis producer in Canada. The existing automated propagation operation (nursery) in the Delta 3 facility will provide propagation for the Delta 2 facility, enabling more of the footprint of the Delta 2 facility to be devoted to flower rooms than in Delta 3, which is expected to generate further cost efficiencies.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on the rise of CBD within the overall cannabis market in the US and internationally, and how companies are preparing to deal with this explosive market. With more CBD markets opening up, American Premium Water Corporation (OTC: HIPH), a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors, recently announced that it has engaged A&R Opportunity to manage and fund a national sales team based out of Northeast Ohio that will help market and sell the Company’s products nationwide.
VANCOUVER , March 26, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (VFF) (VFF) applauds the actions of the Texas Department of Health and Human Services in descheduling hemp, including its cannabinoids (except for delta-9 tetrahydrocannabinol (THC)) in compliance with the 2018 Farm Act and Texas law. Under Texas law, the removal of hemp from the controlled substances schedule will be effective on April 5, 2019 , 21 days after the schedule's publication. Texas still must pass a hemp bill to enable the creation of a State Hemp Plan under the 2018 Farm Act and develop a thoughtful regulatory regime to support the hemp industry and protect consumers. Village Farms plans to commence hemp cultivation in a portion of its Monahans, Texas , greenhouse operation upon a State Hemp Plan in Texas becoming effective, or earlier if permitted by Texas law. In anticipation of the Texas legislation passing, Village Farms has begun design and development of the site-specific growing and technical systems to enable hemp production at the Monahans facility.
POINT ROBERTS, Wash. and DELTA, British Columbia, March 22, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks, releases a snapshot.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases the first article in a two part series on how the growing global cannabis market is boosting ancillary markets, including the solar/cleantech industry. “And that's not counting jobs indirectly related to the marijuana industry, like lawyers, accountants, security consultants, media companies, and marketing firms. One sector getting a major boost from cannabis is solar, due in part to the high energy requirements of indoor grow facilities and the cannabis industry as a whole.