Displaying 1 - 7 of 7

Emerald Health Therapeutics Enters into Share Purchase Agreement for Sale of Pure Sunfarms

Submitted by Elsewhere on 2020-Sep-08 Tue 14:02

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2020) - Emerald Health Therapeutics, Inc. (TSXV: EMH) (OTCQX: EMHTF) (the "Company") is pleased to announce that it has entered into a share purchase agreement (the "Share Purchase Agreement") with Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) ("Village Farms") in respect of the sale of the Company's interest in Pure Sunfarms Corp. ("PSF"), a joint venture that was established between the Company and Village Farms ...

Village Farms International Reports Second Quarter 2020 Financial Results

Submitted by Elsewhere on 2020-Aug-12 Wed 19:56

Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today announced its financial results for the second quarter ended June 30, 2020. All figures are in US dollars unless otherwise indicated. On June 30, 2020, Village Farms had a majority (non-controlling) interest of 58.7% of Pure Sunfarms Corp. ("Pure Sunfarms").

Village Farms International Partners with Dutch Enterprise to Pursue First Legal Recreational Cannabis Market in Europe

Submitted by Elsewhere on 2020-Jul-08 Wed 11:37

Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today announced that it has executed a definitive agreement with DutchCanGrow Inc. ("DCG"), a Netherlands-based cannabis enterprise, to become one of six equal shareholders in DCG owning just under 16% each, with a seventh shareholder owning 5%. DCG is pursuing the opportunity to become one of a limited number of licensed cannabis growers (up to a maximum of 10) when the Dutch government permits the first legal recreational cannabis market in Europe under its 10-city Experiment to Investigate Closed Cannabis Supply Chains (the "WECG").

Closer customer relationships, but shipping remains a challenge

Submitted by Elsewhere on 2020-Jul-01 Wed 10:57

Sinclair manufactures produce labels and labelling equipment for produce companies around the globe. The company has label-manufacturing sites in ten different countries and labelling machines installed in more than 45. All these countries have been impacted by COVID-19 to some extent. “As the…

Village Farms International Announces Completion of the Accordion Provision of the Pure Sunfarms' Credit Facility

Submitted by Elsewhere on 2020-Jul-01 Wed 10:46

VANCOUVER, BC , July 1, 2020 /CNW/ - Village Farms International, Inc. ("Village Farms" or the "Company") (VFF) (VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has further expanded its credit facility (the "Credit Facility") with the lending syndicate led by Bank of Montreal and including Farm Credit Canada ("FCC") and the addition of CIBC to its full $59 million capacity with the completion of the Credit Facility's accordion feature. The Credit Facility now consists of a $15.0 million revolving operating loan (the "Revolver") and a $25.0 million term loan (the "New Term Loan"), in addition to its existing $19.0 million loan (the "Existing Loan").