-- Company to Report its
Fourth Quarter and Year End 2019 Financial Results Via News Release
on Monday, March 30, 2020 at
Approximately 5:00 p.m. ET
--
VANCOUVER, March 24, 2020 /CNW/ - Village Farms
International, Inc. ("Village Farms" or the "Company") (TSX:VFF)
(NASDAQ:VFF) today announced it will host a conference call to
discuss its fourth quarter and year end 2019 financial results on
Tuesday, March 31, 2020 at
8:30 a.m. ET. Participants can
access the conference call by telephone by dialing (647) 427-7450
or (888) 231-8191, or via the Internet at:
https://bit.ly/3dhUkwc.
The Company expects to report its fourth quarter and year end
2019 financial results via news release on Monday, March 30, 2020 at approximately
5:00 p.m. ET.
Conference Call Archive Access Information
For those unable to participate in the conference call at the
scheduled time, it will be archived for replay both by telephone
and via the Internet beginning approximately one hour following
completion of the call. To access the archived conference call by
telephone, dial (416) 849-0833 or (855) 859-2056 and enter the
passcode 8152898 followed by the pound key. The telephone
replay will be available until Tuesday, April 7, 2020 at
midnight (ET). The conference call will also be archived on
Village Farms' web site at
http://villagefarms.com/investor-relations/investor-calls.
COVID-19 Update: All Village Farms' and Pure Sunfarms'
Facilities Remain Open
The well-being and safety of everyone in the Village Farms
community, including its employees, customers, vendors and
partners, and their families, is of the highest priority to the
Company. Village Farms has been closely monitoring the path
of the Coronavirus Disease 2019 (COVID-19) outbreak since it
developed into a situation with global ramifications, and continues
to monitor developments closely in real time.
At this time, Village Farms' production facilities in
Texas, Vancouver, Canada as well as its partner
facilities in Ontario, Canada and
Mexico, and Pure Sunfarms'
facilities in Canada remain
open. Village Farms and Pure Sunfarms already adhere to the
highest health and safety standards in their operations and each
has put in place heightened hygiene practices and safety protocols,
including more stringent cleaning and sanitization, and are taking
appropriate precautions throughout all operations as per the
recommendations of health authorities. The Company will
continue to enhance and evolve such practices and protocols as the
situation warrants.
"As we all know, these are unprecedented times, and our thoughts
and prayers are with all those affected," said Michael DeGiglio, CEO Village Farms. "As it
should be, our top priority at all times, and especially now, is to
protect the safety and health of anybody that comes in contact with
our products from planting through to the growing process and
through to the ultimate consumption. We also have a
commitment to our consumers to provide high quality produce as long
as we meet our top priority, which, at this time, we continue to
do. Some may question our decision to continue operations. As the
founder and CEO of Village Farms, which has been a world-class
fresh vegetable producer for more than 30 years, I am extremely
proud of our unblemished food safety record. We have always not
only met, but exceeded, our regulatory requirements. My personal
goal has always been, and continues to be, that Village Farms lead
the world in this regard. Our majority-owned cannabis producer,
Pure Sunfarms' new facility was built with that as a critical
underlying criterium. The technology being used is the best
available today. Our customers, our consumers and our
investors can be assured that, as good as we believe we are, our
protocols are monitored and updated constantly so we have the
ability to deal with any potential issue instantly. And I want to
be clear that we will curtail or cease operations immediately at
any of our individual operations should it become warranted. Our
diversified footprint spanning three countries mitigates the
potential impact of any such actions."
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 majority 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.
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SOURCE Village Farms International, Inc.