Village Farms International (Otc) (VFF) has released an update.
Village Farms International has reported an upturn in their 2023 financials, with Q4 showing record consolidated sales and significant improvements across its Canadian Cannabis, U.S. Cannabis, and Fresh Produce businesses. Each division achieved positive adjusted EBITDA, and the company has seen a substantial reduction in net loss per share to ($0.29). Additionally, the company is expanding internationally with a new production facility in the Netherlands and entry into the European medical cannabis market.
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