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Stock impact report

Village Farms International's Pure Sunfarms Doubles Targeted Annual Production to 150,000 Kilograms by Exercising its Option on Village Farms-Owned 1.1 Million Square Foot Delta 2 Greenhou...

Village Farms International, Inc. - Common Shares (VFF) 
Last village farms international, inc. - common shares earnings: 3/30 07:25 pm Check Earnings Report
Company Research Source: PR Newswire
VANCOUVER, April 1, 2019 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company")  (TSX: VFF) (NASDAQ: VFF) today announced that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has exercised its option on the existing 1.1 million square foot Delta 2 greenhouse facility currently owned by Village Farms in Delta, British Columbia.  The Delta 2 facility is a newer, nearly identical "sister" facility immediately adjacent to the 1.1 million square foot Delta 3 greenhouse facility, which is already one of the largest cannabis production operations in the world.The addition of the Delta 2 greenhouse operation doubles Pure Sunfarms' total production area to 2.2 million square feet and, with conservatively targeted annual production of approximately 75,000 kilograms of dried cannabis, doubles its annual cannabis production potential to approximately 150,000 kilograms.  Pure Sunfarms also expects to benefit from Show less Read more
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