Michael DeGiglio

Village Farms International, Inc. (NASDAQ: VFF) announced the launch in Germany of cannabis products grown by its Canadian Cannabis business (wholly owned subsidiary, Pure Sunfarms). The German launch is in partnership with IUVO Therapeutics GmbH, an importer, marketer and distributor of medical...

Village Farms International Inc. (NASDAQ: VFF) recently reported its financial results for Q4 2022 in which revenue was $69.5 million, a decrease of 5% compared to $72.4 million in Q4 2021. Michael DeGiglio, Village FarmsCEO, commented on Thursday: "The fourth quarter of 2022 once again...

Village Farms International, Inc. (NASDAQ: VFF) revenue in Q4 2022 was $69.5 million, a decrease of 5% compared to $72.4 million in Q4 2021. Q4 2022 Financial Highlights Gross profit was $2.9 million compared to $19.7 million in Q4 2021. Net loss was $49.3 million, or ($0.54) per share,...

Village Farms International, Inc.  (NASDAQ: VFF) has completed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 18.4 million shares at $1.35 per share, together with accompanying warrants to purchase up...

Pure Sunfarms, a subsidiary of Village Farms International, Inc. (NASDAQ: VFF) commenced shipping cannabis products for the Israeli medical market under an exclusive three-year supply agreement with Israel-based Dr. Samuelov Importing and Marketing Ltd., doing business as Better Pharma. "...

Village Farms International, Inc. (NASDAQ: VFF) (TSX:VFF) released its financial results for the third quarter ended September 30, 2022. revealing consolidated sales were $71.1 million, a 2% decrease compared to $72.4 million in Q3 2021. Q3 2022 Financial Highlights Consolidated net loss was $8....

Village Farms International Inc (NASDAQ: VFF) CEO Michael Degiglio discussed the difficult Canadian Cannabis market and the opportunities it may create at the Benzinga Cannabis Capital Conference in Chicago on Wednesday. Degiglio said the Canadian cannabis market has gotten a bad reputation among...

Village Farms International, Inc. (NASDAQ: VFF) (TSX:VFF) released financial results for the second quarter ended June 30, 2022, revealing sales increased 18% year-over-year to $82.9 million from $70.4 million in Q2 2021. Q2 2022 VS Q1 2021 Financial Highlights Consolidated net loss was ($36.6...

Village Farms International, Inc. (NASDAQ: VFF) has been named to Corporate Knights' inaugural Future 50: The Fastest Growing Sustainable Companies in Canada. The Future 50 is a list of the fastest growing Canadian companies whose business activities align with the transition to a global clean...

Village Farms International, Inc. (NASDAQ: VFF) reported Tuesday that its consolidated sales increased 34% year-over-year to $70.2 million in the first quarter of fiscal 2022. Canadian cannabis net sales increased 25% year-over-growth with a gross margin of 34% and adjusted EBITDA of $2.1...

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,...

Pure Sunfarms, a wholly owned subsidiary of Village Farms International, Inc. (NASDAQ: VFF), received EU GMP certification from Bezirksregierung Düsseldorf for its 1.1 million square foot Delta 3 cannabis production facility located in Delta, British Columbia. EU GMP certification permits Pure...

Village Farms International, Inc. (NASDAQ: VFF) recently reported its fourth-quarter financial results revealing a sequential and year-over-year revenue drop of 22% and 96%, respectively. Cantor Fitzgerald’s analyst Pablo Zuanic said that revenue decrease could be attributed to a ramp-up in...

  Village Farms International, Inc. (NASDAQ: VFF) reported Tuesday its financial results for the three months and year ended December 31, 2021. "In the fourth quarter, we once again saw strong year-over-year growth in sales and adjusted EBITDA, with positive adjusted EBITDA...

Village Farms International, Inc. (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of executive vice president of corporate affairs, reporting directly to the CEO, effective immediately.  In this newly created role, Ms. Gillin Lefever will be responsible for...