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Village Farms Reports Record Q1 Canadian Cannabis Sales Following 49% YoY Increase, Continues To Strengthen International Presence

Benzinga ·  May 8 09:20

Village Farms International, Inc.(NASDAQ:VFF) reported its financial results on Wednesday for the first quarter ended March 31, 2024, revealing anew record with Canadian cannabis sales increasing 49% year-over-year to $37.4 million.

"The first quarter was an especially strong start to 2024," saidMichael DeGiglio, president and CEO of the company. "Our success in quality, innovation and brand building, together with the support of our provincial boards and retail partners, are driving these results as we delight our consumers."

Village Farms gained EU GMP certification from the District Government of Dusseldorf in 2022 and beganshipping its best-selling Canadian strains to...

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