Michael DeGiglio

Village Farms International, Inc. (NASDAQ:VFF) and Hemp for Victory filed a joint motion seeking to disqualify the Drug Enforcement Administration (DEA) from defending the proposed rescheduling of marijuana from Schedule I to Schedule III under the Controlled Substances Act. The parties argue that...

Village Farms International, Inc. (NASDAQ:VFF) reported its financial results Thursday for the third quarter ended Sep. 30, 2024. The British Columbia-based cannabis company disclosed revenue of $83.37 million, compared to $69.51 million in the same period a year ago. "Strong performance in our...

Village Farms International, Inc. (NASDAQ:VFF) has been selected as the only cannabis plant-touching operator to testify at the Drug Enforcement Administration's (DEA) Administrative Law Judge (ALJ) hearing on rescheduling cannabis. Out of 25 participants, Village Farms, a US-based leader in...

As federal cannabis rescheduling looms, many in the industry are cautiously optimistic about the potential impact. Michael DeGiglio, CEO of Village Farms, says the changes could be just the beginning of the road to meaningful reform. DeGiglio, who spoke during an interview at the recent Benzinga...

In a global cannabis market brimming with potential, where should businesses focus their attention? Experts from the Benzinga Cannabis Capital Conference examined the profitability and growth prospects across Europe, Australia, Southeast Asia, and Canada, with Germany standing out as the market...

Village Farms International, Inc. (NASDAQ:VFF) today reported its financial results for the second quarter that ended June 30, 2024, revealing that total sales grew 19% year-over-year to $92.1 million for the period. The Vancouver-based company said Canadian cannabis grew net sales by 45% and...

Village Farms International, Inc. (NASDAQ: VFF), through its majority-owned subsidiary Leli Holland, is preparing to enter the Dutch recreational cannabis market following the Netherlands' recent expansion of its legal cannabis program. With one of ten licenses to cultivate and distribute...

Following a report that cannabis sales increased 49% year-over-year to $37.4 million, which Village Farms International’s (NASDAQ:VFF) president and CEO Michael DeGiglio called "an especially strong start" to the new fiscal year, the company announced it is making changes to strengthen its...

Village Farms International, Inc. (NASDAQ:VFF) reported its financial results on Wednesday for the first quarter ended March 31, 2024, revealing a new record with Canadian cannabis sales increasing 49% year-over-year to $37.4 million. "The first quarter was an especially strong start to 2024," said...

The European cannabis scene is getting more and more interesting with markets like the U.K., Germany, Denmark, Portugal and the Netherlands expanding in terms of the diversity of products and players. Germany made headlines this past Friday when it took a historic step towards cannabis legalization...

Village Farms International Inc. (NASDAQ:VFF), a Canadian cannabis producer, reported Wednesday its financial results for the fourth quarter and the entirety of 2023. The company showcased a remarcable year with record Q4 sales, marking a significant year-over-year increase. Q4 2023 Financial...

Village Farms International, Inc. (NASDAQ:VFF) announced on Wednesday the first shipment and launch of two leading cannabis brands in the United Kingdom. The company's Pure Sunfarms and Original Fraser Valley Weed Co. brands will be distributed by 4C LABS, a UK medical cannabis company focused on...

Canadian marijuana company Village Farms International, Inc. (NASDAQ: VFF) reported its third quarter financial results Wednesday with consolidated revenue of $69.51 million, compared to $71.06 million in the same period last year. “We delivered continued strong improvement in...

Village Farms International, Inc. (NASDAQ: VFF) released its financial results for the second quarter ended June 30, 2023, revealing sales decreased 7% year-over-year to $77.2 million from $82.9 million; Q2 2023 Financial Highlights Gross profit of $11.5 million, an increase of 81.9% compared to...

Village Farms International, Inc. (NASDAQ: VFF) released its financial results for the first quarter ended March 31, 2023, revealing sales decreased 8% year-over-year to $64.7 million from $70.2 million. Q1 2023 Financial Highlights Gross margin was $12.3 million compared to $9.9 million in Q1...