VFF - Why Village Farms International Shot 15% Higher on Tuesday
Village Farms International (NASDAQ: VFF) was a smoking-hot stock on Tuesday, as it announced a key affiliate had begun shipping derivative products to select markets in its native Canada.
Pure Sunfarms, the cannabis joint-venture of which Village Farms owns nearly 60%, has begun deliveries of its inaugural Cannabis 2.0 and bottled oil products. The first shipments will go to the western province of British Columbia, historically the site of some of the best cannabis growing operations in the country. At an unspecified point thereafter, these products will also be shipped to Alberta and Ontario.
Image source: Getty Images.