VFF - Add This Undervalued Cannabis Stock to Your Watchlist Right Now
When people talk about having a green thumb, it's easy to imagine the fruits of their labor in the garden, perhaps in the form of a greenish heirloom tomato being supported by a sagging vine. But when it comes to agrobusiness, success with one crop might not be a guarantee of getting a different crop to grow and efficiently make its way to the market.
That's exactly the dilemma facing Village Farms International (NASDAQ: VFF) , a vegetable company that started selling cannabis in an attempt to capitalize on its expertise with indoor cultivation. While it hasn't proven that it can grow marijuana as profitably as it grows tomatoes, shareholders are already pleased thanks to rapid revenue growth and the prospect of accessing the U.S. cannabis market. Due to the volatility of its earnings, this stock isn't for everyone -- but I'll get into that shortly.
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Add This Undervalued Cannabis Stock to Your Watchlist Right Now