Village Farms International (Otc) (VFF) has released an update.
Village Farms International expressed its disappointment with the Canadian federal budget for not changing the Cannabis Excise Duty, noting the company’s efforts to work with the industry and government to improve tax conditions. Despite the current taxes, Village Farms’ Canadian Cannabis division remains profitable, emphasizing the importance of tax revenue from profitable income over sales. The company continues to expand, with a strong presence in the fresh produce market and growing cannabis and CBD operations in North America and internationally.
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