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Stock impact report

Edited Transcript of VFF.TO earnings conference call or presentation 15-Nov-19 1:30pm GMT [Yahoo! Finance News]

Village Farms International, Inc. - Common Shares (VFF) 
Last village farms international, inc. - common shares earnings: 3/30 07:25 pm Check Earnings Report
Q3 continues to showcase Pure Sunfarms as a best-in-class vertically integrated cannabis supplier. Pure Sunfarms continues to set the standard for operational performance, which was once again clear in its financial results. Let's get right to the numbers, which once again ranks Pure Sunfarms among the largest, most efficient and most profitable licensed producers. As a reminder, all of Pure Sunfarms' numbers that I will discuss here are before Village Farms' 50% share and are in Canadian dollars. So net sales were $24 million, and I remind you that the entirety of that sales figure is sales of cannabis products solely. I would also note this amount does not include $7.2 million that Pure Sunfarms invoice, but due to accounting rules, was not -- was unable to recognize in Q3 because the customer, Emerald Health Therapeutics is disputing its liability under terms of the supply agreement. Gross margin was 69%, driven by what, to our knowledge, continues to be an industry-low greenhouse Show less Read more
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