cannabisindustry
Village Farms International Inc (NASDAQ:VFF) (TSE:VFF) operates five high-tech greenhouses across Canada and the United States. The company has ~500 acres of growing area and sells 80%+ of its products to North America’s foremost “big box” grocers and retailers. Q2 2021 hedge fund letters, conferences and more Today, VFF leverages its greenhouse produce scale to grow the highest-quality, lowest-cost cannabis through its 100% owned subsidiary, Pure Sunfarms. The cannabis subsidiary does 40% gross margins while booking 8 consecutive quarters of positive net income. In addition, VFF is the best-p...
ValueWalk
Over the past few years, we have witnessed the meteoric rise of the cannabis industry, brought about by the mass legalization and decriminalization of the plant across many US states. Amazingly, what was once regarded as a shady and often frowned upon recreational drug has now given birth to an industry that is projected to be worth $73.6 billion by 2027. Q2 2021 hedge fund letters, conferences and more However, despite its popularity, consumers and investors alike still hold many misconceptions about the cannabis plant, especially when it comes to its biology and the terminology we use to dis...
ValueWalk
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