VANCOUVER, Sept. 11, 2019 /CNW/ - Village Farms
International, Inc. ("Village Farms" or the "Company") (TSX: VFF)
(NASDAQ: VFF) today announced Stephen
Ruffini, Chief Financial Officer, will participate in the
Beacon in New York Conference,
hosted by Beacon Securities, on September
12 and 13, 2019 in New York
City.
About Village Farms International, Inc.
Village Farms
is one of the largest and longest-operating vertically integrated
greenhouse growers in North
America and the only publicly traded greenhouse produce
company in Canada. Village Farms
produces and distributes fresh, premium-quality produce with
consistency 365 days a year to national grocers in the U.S. and
Canada from more than nine million
square feet of Controlled Environment Agriculture (CEA) greenhouses
in British Columbia and
Texas, as well as from its partner
greenhouses in British Columbia,
Ontario and Mexico. The
Company is now leveraging its 30 years of experience as a
vertically integrated grower for the rapidly emerging global
cannabis opportunity through its 50% ownership of British Columbia-based Pure Sunfarms Corp.,
one of the single largest cannabis growing operations in the
world. The Company also intends to pursue opportunities to
become a vertically integrated leader in the U.S. hemp-derived CBD
market, subject to compliance with all applicable U.S. federal and
state laws, Village Farms has established two joint ventures,
Village Fields Hemp and Arkansas Valley Green and Gold Hemp, for
outdoor hemp cultivation and CBD extraction and is pursuing
controlled environment hemp production at a portion of its
Texas greenhouse operations, which
total 5.7 million square feet of production area.
Cautionary Language
Certain statements contained in
this press release constitute forward-looking information within
the meaning of applicable securities laws ("forward-looking
statements"). Forward-looking statements may relate to the
Company's future outlook or financial position and anticipated
events or results and may include statements regarding the
financial position, business strategy, budgets, litigation,
projected production, projected costs, capital expenditures,
financial results, taxes, plans and objectives of or involving the
Company. Particularly, statements regarding future results,
performance, achievements, prospects or opportunities for the
Company, Pure Sunfarms, the greenhouse vegetable industry or the
cannabis and hemp industries are forward-looking statements. In
some cases, forward-looking information can be identified by such
terms as "outlook", "may", "might", "will", "could", "should",
"would", "occur", "expect", "plan", "anticipate", "believe",
"intend", "estimate", "predict", "potential", "continue", "likely",
"schedule", "objectives", or the negative or grammatical variation
thereof or other similar expressions concerning matters that are
not historical facts.
Although the forward-looking statements contained in this press
release are based upon assumptions that management believes are
reasonable based on information currently available to management,
there can be no assurance that actual results will be consistent
with these forward-looking statements. Forward-looking statements
necessarily involve known and unknown risks and uncertainties, many
of which are beyond the Company's control, that may cause the
Company's or the industry's actual results, performance,
achievements, prospects and opportunities in future periods to
differ materially from those expressed or implied by such
forward-looking statements. These risks and uncertainties include,
among other things, the factors contained in the Company's filings
with U.S. and Canadian securities regulators, including as detailed
in the Company's annual information form and management's
discussion and analysis for the year-ended December 31, 2018.
When relying on forward-looking statements to make decisions,
the Company cautions readers not to place undue reliance on these
statements, as forward-looking statements involve significant risks
and uncertainties and should not be read as guarantees of future
results, performance, achievements, prospects and opportunities.
The forward-looking statements made in this press release only
relate to events or information as of the date on which the
statements are made in this press release. Except as required by
law, the Company undertakes no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise.
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SOURCE Village Farms International, Inc.