|Bid||9.64 x 0|
|Ask||9.68 x 0|
|Day's Range||9.31 - 10.56|
|52 Week Range||3.98 - 24.25|
|Beta (3Y Monthly)||4.05|
|PE Ratio (TTM)||38.72|
|Earnings Date||Nov. 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.82|
The wrangle between Village Farms International (TSX:VFF)(NASDAQ:VFF) and its joint venture partner Emerald Health Therapeutics could get messy
Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) today responded to inaccurate allegations made by Village Farms International, Inc. ("Village Farms") (TSX: VFF; Nasdaq: VFF) in connection with their 50/50 joint venture, Pure Sunfarms Corp. ("PSF"), and updated the market on certain related matters. Late yesterday evening Emerald received notice from Village Farms stating that Village Farms had advanced $5.94 million to PSF for additional equity. Village Farms claims that it has the right to acquire these shares under the PSF shareholders’ agreement.
VANCOUVER , Nov. 19, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms") (TSX:VFF; Nasdaq:VFF) today announced that, following an equity payment default by Emerald Health Therapeutics, Inc. ("Emerald") (TSV:EMH) pursuant to the Delta 2 option agreement involving Pure Sunfarms Corp. ("Pure Sunfarms"), Village Farms notified Pure Sunfarms that it has exercised its rights under the Pure Sunfarms shareholders agreement to increase Village Farms' ownership position in Pure Sunfarms and advanced an equity payment to Pure Sunfarms of $5,940,000 (the "VF Additional Equity Contribution"). Following Emerald's failure to make this equity payment, Pure Sunfarms issued a default notice to Emerald. Assuming the VF Additional Equity Contribution is accepted by Pure Sunfarms, Village Farms will receive an increased equity interest in Pure Sunfarms effective as of November 19, 2019 .
Village Farms International Inc. (TSX:VFF)(NASDAQ:VFF) just shed a fifth of its share price. Here’s wh that makes it a buy.
Shareholders in Village Farms International, Inc. (TSE:VFF) had a terrible week, as shares crashed 23% to CA$8.31 in...
It’s earnings season and two cannabis stocks look like solid buys. Should you invest in Charlotte’s Web Holdings Inc. (TSX:CWEB) or its competitor?
– Pure Sunfarms is Top Performing Dried Flower Brand with 16% Market Share and Number One Selling Dried Flower Product in October with Ontario Cannabis Store – VANCOUVER , Nov. 14, 2019 /CNW/ - Village ...
-- Company to Report its Third Quarter 2019 Financial Results Via News Release on Thursday, November 14, 2019 at Approximately 5:00 p.m. ET -- VANCOUVER , Nov. 8, 2019 /CNW/ - Village Farms International, ...
The Hexo stock and Village Farms stock are exhibiting the extreme volatility of marijuana stocks. Both cannabis producers were unable to sustain momentum because of disappointing earnings results and mounting losses.
The past few years have been huge for the legal weed industry with a lot of changes. Village Farms can potentially become the next Aurora moving forward.
VANCOUVER, Oct. 22, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (TSX:VFF - News) (NASDAQ:VFF - News) announced today that it has completed its previously announced bought deal offering of 3,059,000 common shares (the "Offered Shares") in the capital of the Company at a price of $9.40 per Offered Share for aggregate gross proceeds to the Company of $28,754,600 (the "Offering"). The Offering was conducted by a syndicate of underwriters co-led by Beacon Securities Limited, as sole bookrunner, and GMP Securities L.P. (together, the "Underwriters"). The Offering included 399,000 Offered Shares issued pursuant to a full exercise of the Underwriters' over-allotment option.
The industry is showing signs of life, but stocks such as Village Farms International Inc (TSX:VFF)(NASDAQ:VFF) are still in oversold territory.
Nasdaq:VFF) today announced that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms Corp. ("Pure Sunfarms" or the "Joint Venture"), was advised by Emerald that it would be receiving a dispute notice from Emerald Health Therapeutics ("Emerald") (TSV:EMH) in respect of certain amounts for which Pure Sunfarms has invoiced Emerald under the Supply Agreement (as defined below). The wholesale market price for cannabis in the markets where the Joint Venture sells its production has declined during the three months ended September 30, 2019, resulting in lower margins realized by the Joint Venture for its production as compared to the three months ended June 30, 2019.
Cheap pot stocks like Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) will help you achieve an average of 30% returns in the next 25 years.
Skip Village Farms International Inc. (TSX:VFF)(NASDAQ:VFF) and The Supreme Cannabis Company Inc. (TSX:FIRE). The pot stocks are no longer hot buys today.
VANCOUVER, Oct. 10, 2019 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (TSX:VFF - News) (NASDAQ:VFF - News) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Beacon Securities Limited ("Beacon"), as sole bookrunner, and GMP Securities L.P. (together with Beacon, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 2,660,000 common shares (the "Offered Shares") in the capital of the Company at a price of $9.40 per Offered Share (the "Issue Price") for aggregate gross proceeds to the Company of $25,004,000 (the "Offering").