VANCOUVER, BC, Dec. 24, 2020 /CNW/ - Village Farms
International, Inc. ("Village Farms" or the "Company") (NASDAQ:
VFF) (TSX: VFF), at the request of IIROC ("Investment Industry
Regulatory Organization of Canada"), confirms that it is not aware
of any material, undisclosed information related to the Company
that would account for the recent increase in the market price and
level of trading volume of its common shares.
About Village Farms International, Inc.
Village Farms is one of the largest and longest-operating
greenhouse growers in North America, and is leveraging its
decades of experience in large-scale, low-cost intensive
agriculture and as a vertically integrated produce supplier to
pursue high-value, high-growth plant-based Consumer Packaged Goods
opportunities in cannabis and CBD in North America and
selected markets internationally.
In Canada, British-Columbia-based Pure Sunfarms is one
of the single largest cannabis operations in the world, the
lowest-cost greenhouse producer, one of the best-selling brands,
and has generated profitability for seven consecutive quarters.
In the U.S., subject to compliance with all applicable U.S.
federal and state laws, Village Farms is pursuing a strategy to
become a leading developer and supplier of branded and
white-labeled CBD products targeting "big box" and other major
retailers and consumer packaged goods companies, and with one the
largest greenhouse operations in country, is well positioned for
the potential federal legalization of high-THC cannabis.
Internationally, Village Farms is strategically targeting
selected, nascent, legal cannabis and CBD opportunities with
significant long-term potential, with an initial focus on
the Asia-Pacific region through its investment
in Australia-based Altum International.
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SOURCE Village Farms International, Inc.