Village Farms International Inc (VFF) News

https://www.greenmarketreport.com/village-farms-acquires-full-ownership-of-leli-holland/

Great news :)

Ramp it up VFF.

Added the little dump..89, .86, let's GOOOO!... VFF$...

Bout time for a move up. Gimme some PR eye candy PSF.

Sweet

I agree with you, they should. I'll ask them thru facebook. :)

Would be nice to get a update and some pics of facility in holland

Kentucky receives nearly 5,000 medical marijuana license applications :)

..see if I can add under a dollar today..VFF$...

MJ is down 85% in 5 years. Time to upward trend. :)

Sweet lets go

https://leliholland.nl/en/

Agreed , also holland should be strong for us tax’s are way lower and only 10 suppliers I can’t wait till it goes live website looks cool

I'm picturing $10/share as states all become legal as we supply Europe also. Canadian tax and US legalizing will set us free. :)

I was picturing a tomato weed hybrid

Yeah, I think that was hemp

I saw them talk on their last cast about taking 1/2 of Village Farms green house tomato facility and converting it to growing MJ. They said it was already underway. Now with Canada easing taxes for growers and the soon push to legalize it nation wide, they are ready. :)

Picked up some .92's this morning

Where did you see that ?

Have you seen what they have done in Texas? They took 1/2 of the tomato and replaced with Texas grown MJ. :)

We really need to enter the US

WOW it's buy on the dip time. "Village Farms: ROSE LifeScience receives a Cannabis Research Licence from Health Canada under the Cannabis Act; This authorization enables ROSE to focus on cannabis product innovations and developments" :)

OK here we go. MJ trend reversal finally. :)

Time to run up. :)

Someone's bailing at the wrong time. :)

Lets go

The Blue Chip MJ stock. Been 3 years since we first broke $15+ an since then VFF has dominated and is growing fast. When the US and Canadian laws and tax issues are resolved, we will see above $20. :):

https://www.benzinga.com/markets/cannabis/24/07/39741717/bigger-in-texas-village-farms-greenhouses-spanning-over-100-football-fields-could-dominate-us-ca

They are/have integrated AI into their greenhouses

https://www.producebluebook.com/2024/06/21/village-farms-invests-in-ai-to-improve-greenhouse-performance/

Government in Canada Proposes Amendments to Cannabis Law, Lifting Burdens
Posted June 11, 2024 on High Times

ImageGovernment in Canada Proposes Amendments to Cannabis Law, Lifting Burdens

The Canadian government is proposing a series of amendments to federal cannabis regulations ranging from packaging to reporting requirements, all part of an effort to help ease the regulatory burden cannabis businesses in the country face. It would allow, among many other things, for producers to contain individual packages in bulk outer packaging.

CTV News reports that a raft of changes are expected as a push to fix several problems burdening cannabis producers remains a priority. Health Canada indicated that the amendments are expected to return about $41 million in annualized net benefits in terms of administrative and compliance cost savings. The amendments remove problematic regulations that make it more difficult to market cannabis.

Changes to Canada’s Cannabis Act include an Order Amending Schedule 2 to the Cannabis Act, and a second Order Amending the Cannabis Tracking System Order (Cultivation Waste).

Changes to the Cannabis Act and Food and Drugs Act included Regulations Amending Certain Regulations Concerning Cannabis (Streamlining of Requirements).

“Health Canada recognizes that there may be regulatory measures that could be made more efficient and streamlined without compromising the public health and public safety objectives,” a representative of Health Canada said.

Proposed amendments including packaging changes, such as allowing the lids and containers of cannabis products to display different colors, allowing cut-out windows or transparent packaging, and allowing QR codes on packaging so buyers are able to find more information.

Producers would also be allowed to package multiple products together as long as the package is still under the 30-gram limit, and products inside also meet packaging requirements. The change would mean producers could sell higher quantities of edibles in one single, outer package.

Images or information on the packaging would still not be allowed, for the most part, but images would be exempt if other statutes require it, such as the recycling icon.

The changes mean that producers no longer have to provide paper copies of information sheets to retailers, wouldn’t have to submit a notice to the government on every new dried or fresh cannabis product they want to sell, and the sale and distribution of cannabis pollen would be allowed. Producers also wouldn’t be required to report annually on promotional efforts, and would no longer need to report on cultivation waste.

The changes aim to ease some of the problems the industry is grappling with. This includes bankruptcies and market consolidation following legalization in 2018.

The problems impacting the industry were identified earlier. Canada’s oversupply ( read : unsellable bunk weed) of cannabis led to $53.7 million unsold cannabis products last December.

A group organized by the federal government to study Canada’s cannabis laws earlier this year made 54 recommendations. The updates that range from packaging and labeling rule changes to a review of the excise taxes imposed on cannabis producers.

Cannabis Sales Impact Alcohol Sales in Canada
Cannabis and alcohol are highly regulated, and sales of the two impact one another.

A study conducted in Canada and recently published in the journal Drug and Alcohol Dependence shows that beer sales have declined since cannabis sales rolled out in the country in 2018. The study was conducted by researchers associated with the College Pharmacy at the University of Manitoba, School of Pharmacy at Memorial University of Newfoundland, Leslie Dan Faculty of Pharmacy at the University of Toronto.

The study, which was published last February, shows that beer sales in Canada have dropped significantly. “Canada-wide beer sales fell by 96 hectoliters per 100,000 population immediately after non-medical cannabis legalization and by 4 hectoliters per 100,000 population each month thereafter for an average monthly reduction of 136 hectoliters per 100,000 population post-legalization,” authors wrote. A hectoliter is a unit of measurement frequently used in reference to wine, beer, grain, or other agricultural goods, and is the total of 100 liters (1 liter is approximately 0.26 liquid gallons).

Researchers also explained that cannabis legalization did not impact spirit sales in the same way. Additionally, researchers believe that cannabis use could potentially lead to higher alcohol use in some people, specifically “those with greater sensation-seeking behaviors.” However, they also wrote that some consumers are substituting cannabis in the place of cancer causing alcohol.

Data on beer and spirits sales in Canada were compiled by Beer Canada and Spirits Canada.

Beer Canada provided details about approximately 90% of total Canadian beer sales, while Spirits Canada showed sales in relation to whisky, rum, gin, tequila, liqueurs, and vodka but did not include ready-to-drink cocktails. Beer sales were reviewed between January 2012-February 2020, and spirits sales were examined between January 2016-February 2020.

The new proposed changes to Canada’s Cannabis Act and Food and Drugs Act could propel these sales even more if producers are better equipped to handle it.

Lots of new products out

Understandable and after 100 years of banning it, they tax it and everything is ok now. :)

CBS NEWS SAID WEED SMOKERS IN US NOW PASS ALCOHOL DRINKERS! WOW!

Just google MJ stock trend and look at the 1 month and 5 year. You can see where the US and Canadian government attitude is causing a trend line and by end of year, we will see company profits both in the company and our stairstep will follow the trends. :)

Village Farms International Applauds Historic Move Toward U.S. Marijuana Rescheduling :)

'Introducing Kush God: the next big strain from Pure Sunfarms" :)

KUSH GOD get your KUSH GOD. :)

Too long to be wrong! $VFF

https://finance.yahoo.com/news/village-farms-international-reports-q1-124143035.html

I listened to their stream. I'm still thinking we are on the right track to make us rich. :)

What was the big write down last quarter? I cant remember

Unfortunately seems this will only benefit the us companies on saving tax’s . Guess will have to wait and see

Yeah , based on the way this reads it sounds like a Possibility for concentrates and Gummies type stuff ;
but not Flower ...
Key word Possibility !

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174351272

So I guess the real question is like Florida’s medical marijuana right so will Village be able to export into Florida companies now that it’s not a schedule one or two I think that’s going to be the big determination

Stairway to heaven. :)

Those early sells are going to regret it. :)

Bwhahaha

People going to get caught napping here , is last thing I’m going say … vroom vroom

03:02 PM EDT, 04/30/2024 (MT Newswires) -- (Updates with DOJ declined to comment in fourth paragraph.)

Cannabis stocks rose in recent Tuesday trading after the Associated Press reported that the US Drug Enforcement Administration planned to reclassify marijuana as a drug that posed less harm than other substances.

The DEA's plan to bump marijuana down to the Schedule III category from its current Schedule I status would require approval from the White House Office of Management and Budget and follow a period of public hearings and a review by an administrative judge, the report said.

The move won't legalize cannabis for recreational use outright but recognize the plant's medical uses.

The DEA deferred the matter to the US Department of Justice when asked for comment by MT Newswires. The DOJ declined to comment.

Aurora Cannabis (ACB) shares rose 32%, Canopy Growth (CGC) surged 53%, Cronos Group (CRON) jumped 14% and Tilray Brands (TLRY) soared 38%.

Price: 8.32, Change: +2.00, Percent Change: +31.68