PRISM Mid-Day Movers: Cannabis Breakout and Lunar Momentum Power Market Gains

2025-05-13 14:30:44 ET

Village Farms Soars 31% on Produce Spinout and Global Cannabis Refocus
Village Farms International Inc. ( VFF ) surged over 30% to lead the PRISM Emerging Cannabis Index after announcing a transformative transaction to spin off its U.S. Fresh Produce business into a newly formed joint venture . The $40 million cash deal--paired with a 37.9% stake in the new private company Vanguard Food LP--positions Village Farms to deepen its focus on global cannabis opportunities. CEO Michael DeGiglio noted the company's intent to pivot fully into cannabis leadership while retaining valuable greenhouse assets for future U.S. expansion. The move is expected to unlock value, enable operational streamlining, and provide strategic firepower for growth in Canada, Europe, and other international markets.

Intuitive Machines Jumps 25% After Historic Lunar Landing and Q1 Results
Shares of Intuitive Machines, Inc. ( LUNR ) climbed over 24% following a strong Q1 print and operational updates that energized the PRISM Emerging Space Index . The company reported $62.5 million in revenue, up 14% quarter-over-quarter, and positive free cash flow of $13.3 million. Key milestones included completing a record-setting second lunar landing near the Moon's south pole and progressing on multiple NASA-backed contracts, including the Lunar Terrain Vehicle Services and Near Space Network Services programs. With $373 million in cash on hand and a broadened federal contract portfolio, Intuitive Machines continues to build out its capabilities in support of NASA missions and commercial space initiatives.

Other PRISM Mid-Day Movers:

• Humacyte, Inc. ( HUMA ): +28.79%
• BioStem Technologies Inc. ( BSEM ): -25.44%
• Klotho Neurosciences Inc. ( KLTO ): -22.99%

The post PRISM Mid-Day Movers: Cannabis Breakout and Lunar Momentum Power Market Gains appeared first on PRISM MarketView .

COMTEX_465482332/2927/2025-05-13T13:30:44