Emerald Health Therapeutics Responds to Inaccurate Allegations by Village Farms
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: GlobeNewswire
VANCOUVER, British Columbia, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) today responded to inaccurate allegations made by Village Farms International, Inc. ("Village Farms") (TSX: VFF; Nasdaq: VFF) in connection with their 50/50 joint venture, Pure Sunfarms Corp. ("PSF"), and updated the market on certain related matters. Late yesterday evening Emerald received notice from Village Farms stating that Village Farms had advanced $5.94 million to PSF for additional equity. Village Farms claims that it has the right to acquire these shares under the PSF shareholders’ agreement. In fact, Village Farms has no such right. Despite Village Farms’ claims, Emerald continues to hold a full 50% ownership interest in PSF. “We were shocked to receive this notice,” said Riaz Bandali, President and CEO of Emerald. “We can’t speculate on Village Farms’ motivation for making this irresponsible and inaccurate claim, but we want to rea
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News
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- Village Farms International Applauds German Cannabis ProgressGlobeNewswire
- Village Farms International, Inc. (NASDAQ: VFF) had its price target raised by analysts at Craig Hallum from $1.00 to $1.20. They now have a "buy" rating on the stock.MarketBeat
- Cannabis stocks rally for second session in a row, led by Canopy Growth [Seeking Alpha]Seeking Alpha
VFF
Earnings
- 3/13/24 - Miss
VFF
Sec Filings
- 3/18/24 - Form 4
- 3/13/24 - Form 10-K
- 3/13/24 - Form 8-K
- VFF's page on the SEC website