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MJO - Village Farms: This Deal Changes Everything
January, 04 2021 03:25 AM
MicroSectors Cannabis 2X Leveraged ETNs
Village Farms transformed itself from a low-margin producer grower to Canada's top 5 recreational licensed producers. The company acquired the 41% it did not already own in Pure Sunfarms, the cannabis JV, from its partner Emerald Health for $60M. We believe the +100% share price appreciation since October fully reflected the benefits of the deal and shares are richly valued now. For further details see:
Village Farms: This Deal Changes Everything
Stock Information
Company Name:
MicroSectors Cannabis 2X Leveraged ETNs
Stock Symbol:
MJO
Market:
NYSE
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