Village Farms Buying Altum Stake To Enter Asia-Pacific Cannabis Markets [Yahoo! Finance News]
Village Farms International, Inc. - Common Shares (VFF)
Last village farms international, inc. - common shares earnings: 3/30 07:25 pm
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Source: Yahoo! Finance News
Village Farms International announced on Tuesday that it will acquire a 6.6% stake in Australia-based Altum International, one of Asia-Pacific's leading cannabinoid platforms. US shares advanced 6.2% to $6.21 in morning trading.The financial terms of the deal weren’t disclosed but Vancouver-based Village FarmsVFF"On the heels of our recent investment in the Netherlands, our partnership with Altum represents another meaningful step to leverage our three decades of experience in vertically integrated, intensive agriculture, as well as our cannabis success in Canada, for international CBD and cannabis opportunities," said Village Farms CEO Michael DeGiglio. "Village Farms is at a place where, with well-established North American operations, we are able to turn our attention to strategic, early-stage international opportunities where CBD and cannabis are being legalized in our pursuit of well-researched capital allocation for the generation of outsized, long-term returns.”With about 4.5 b
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- Village Farms International Comments on Canadian BudgetGlobeNewswire
- Village Farms International Posts Eight Consecutive Months of National Share Growth [Financial Post (Toronto, Ontario, Canada)]Financial Post
VFF
Earnings
- 3/13/24 - Miss
VFF
Sec Filings
- 4/18/24 - Form 8-K
- 4/12/24 - Form 4
- 4/10/24 - Form 4
- VFF's page on the SEC website