Village Farms International, INC 8-K filings

Village Farms International announces its Q4 and full year 2024 financial results, showcasing an 18% increase in full year consolidated sales to $336.2 million and outlining strategies for profitable growth in 2025.

Village Farms International will release its fourth quarter and full year 2024 financial results on March 13, 2025, and host a conference call to discuss the results.

Village Farms International saw a 20% year-over-year increase in total sales in Q3 2024, fueled by growth in Canadian cannabis, fresh produce, and international medicinal cannabis.

Village Farms International has been chosen as one of 25 participants, and the only cannabis operator, to testify at the Drug Enforcement Administration's hearing regarding the potential rescheduling of marijuana.

Village Farms International will release its third quarter 2024 financial results on November 7, 2024, and host a conference call to discuss the results.

Village Farms International has received a notification from Nasdaq for non-compliance with the minimum bid price requirement, as its share price closed below $1 for an extended period.

Village Farms International will participate in the Benzinga Cannabis Capital Conference in Chicago, with executives speaking on expert panels and holding one-on-one meetings with analysts and investors.

Village Farms International has acquired the remaining 15% equity in Leli Holland, bringing its ownership to 100%, and completed construction of its cannabis cultivation facility in Drachten, Netherlands.

Village Farms International has entered into a new three-year employment agreement with CEO Michael A. DeGiglio, effective August 15, 2024, including a base salary of $1,022,880 and potential bonuses.

Village Farms International has replaced PricewaterhouseCoopers with KPMG as its independent registered public accounting firm, effective August 8, 2024.

Village Farms International announced a 19% year-over-year increase in total sales to $92.1 million for the second quarter of 2024, driven by strong growth in its Canadian cannabis segment.

Village Farms International will release its second quarter 2024 financial results on August 8, 2024, and host a conference call to discuss the results.

Village Farms International held its annual shareholder meeting on June 28, 2024, electing directors, approving executive compensation, and re-appointing its auditor.

Village Farms International has entered into a new employment agreement with Ann Gillin Lefever, appointing her as Chief Operating Officer, effective June 1, 2024.

Village Farms International will participate in the iAccess Alpha Buyside Best Ideas Summer Conference on June 25 and 26, 2024.

Village Farms International is reminding shareholders to vote for the upcoming annual meeting to be held virtually on June 28, 2024.

Village Farms International is celebrating the expansion of the Netherlands' regulated cannabis program, which has increased the number of participating municipalities from two to ten.

Village Farms International has amended and extended its operating loan with Bank of Montreal, pushing the maturity date to May 2027 and adding new borrowing options.

Village Farms International has acquired an additional 10% stake in Rose LifeScience for approximately C$4.1 million, increasing its ownership to 80%.

Village Farms International is encouraged by the U.S. Department of Justice's move to reschedule marijuana for medical purposes and is evaluating strategies to enter the U.S. market.

Village Farms International will mail proxy materials to shareholders instead of using a notice and access system for its upcoming annual general meeting.

Village Farms International has appointed Carolyn Hauger, a seasoned finance and operations executive, to its Board of Directors, effective immediately.

Village Farms International saw a 21% increase in total sales and a significant improvement in adjusted EBITDA in the first quarter of 2024, driven by strong performance in its Canadian cannabis business.

Village Farms International will release its first quarter 2024 financial results on May 8, 2024, and host a conference call to discuss the results.

Village Farms International has appointed a new Chief Operating Officer and created two other executive roles to support its expanding global cannabis business.

Village Farms International has announced May 17, 2024, as the record date for its annual shareholder meeting scheduled for June 28, 2024.

Village Farms International expressed disappointment that a change to the current Cannabis Excise Duty was not included in the recent Canadian federal budget.

Village Farms International has received formal notice from Nasdaq that it has regained compliance with the minimum closing bid price of US$1.00 per share.

Village Farms International announced record consolidated sales for the fourth quarter of 2023, alongside significant improvements in adjusted EBITDA and cash flow.

Village Farms International will release its fourth quarter and year-end 2023 financial results on March 13, 2024, and host a conference call to discuss the results.