Village Farms (VFF): Lowest-Cost US Cannabis Producer
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...