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Benzinga

Business

Jelena Martinovic

Village Farms' Q1 Consolidated Adjusted EBITDA Falls YoY, Revenue Surpasses $70M

Village Farms United States Nasdaq European Union Pure Sunfarms

Village Farms International, Inc. (NASDAQ:VFF) (TSX:VFF) announced its financial results for the first quarter ended March 31, 2022.

"The first quarter of 2022 once again demonstrated the strength and earnings power of both our Canadian and U.S. Cannabis businesses," Michael DeGiglio, the company's CEO, said. "We expect continued momentum throughout 2022 and beyond as each of our cannabis businesses continues to launch innovative new products that address evolving consumer demand. We remain focused on seizing opportunities to continue to deliver top-tier profitability and market share in the high-growth global cannabis market."

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