Village Farms International Inc (VFF) Quote

They are/have integrated AI into their greenhouses

https://www.producebluebook.com/2024/06/21/village-farms-invests-in-ai-to-improve-greenhouse-performance/

Government in Canada Proposes Amendments to Cannabis Law, Lifting Burdens
Posted June 11, 2024 on High Times

ImageGovernment in Canada Proposes Amendments to Cannabis Law, Lifting Burdens

The Canadian government is proposing a series of amendments to federal cannabis regulations ranging from packaging to reporting requirements, all part of an effort to help ease the regulatory burden cannabis businesses in the country face. It would allow, among many other things, for producers to contain individual packages in bulk outer packaging.

CTV News reports that a raft of changes are expected as a push to fix several problems burdening cannabis producers remains a priority. Health Canada indicated that the amendments are expected to return about $41 million in annualized net benefits in terms of administrative and compliance cost savings. The amendments remove problematic regulations that make it more difficult to market cannabis.

Changes to Canada’s Cannabis Act include an Order Amending Schedule 2 to the Cannabis Act, and a second Order Amending the Cannabis Tracking System Order (Cultivation Waste).

Changes to the Cannabis Act and Food and Drugs Act included Regulations Amending Certain Regulations Concerning Cannabis (Streamlining of Requirements).

“Health Canada recognizes that there may be regulatory measures that could be made more efficient and streamlined without compromising the public health and public safety objectives,” a representative of Health Canada said.

Proposed amendments including packaging changes, such as allowing the lids and containers of cannabis products to display different colors, allowing cut-out windows or transparent packaging, and allowing QR codes on packaging so buyers are able to find more information.

Producers would also be allowed to package multiple products together as long as the package is still under the 30-gram limit, and products inside also meet packaging requirements. The change would mean producers could sell higher quantities of edibles in one single, outer package.

Images or information on the packaging would still not be allowed, for the most part, but images would be exempt if other statutes require it, such as the recycling icon.

The changes mean that producers no longer have to provide paper copies of information sheets to retailers, wouldn’t have to submit a notice to the government on every new dried or fresh cannabis product they want to sell, and the sale and distribution of cannabis pollen would be allowed. Producers also wouldn’t be required to report annually on promotional efforts, and would no longer need to report on cultivation waste.

The changes aim to ease some of the problems the industry is grappling with. This includes bankruptcies and market consolidation following legalization in 2018.

The problems impacting the industry were identified earlier. Canada’s oversupply ( read : unsellable bunk weed) of cannabis led to $53.7 million unsold cannabis products last December.

A group organized by the federal government to study Canada’s cannabis laws earlier this year made 54 recommendations. The updates that range from packaging and labeling rule changes to a review of the excise taxes imposed on cannabis producers.

Cannabis Sales Impact Alcohol Sales in Canada
Cannabis and alcohol are highly regulated, and sales of the two impact one another.

A study conducted in Canada and recently published in the journal Drug and Alcohol Dependence shows that beer sales have declined since cannabis sales rolled out in the country in 2018. The study was conducted by researchers associated with the College Pharmacy at the University of Manitoba, School of Pharmacy at Memorial University of Newfoundland, Leslie Dan Faculty of Pharmacy at the University of Toronto.

The study, which was published last February, shows that beer sales in Canada have dropped significantly. “Canada-wide beer sales fell by 96 hectoliters per 100,000 population immediately after non-medical cannabis legalization and by 4 hectoliters per 100,000 population each month thereafter for an average monthly reduction of 136 hectoliters per 100,000 population post-legalization,” authors wrote. A hectoliter is a unit of measurement frequently used in reference to wine, beer, grain, or other agricultural goods, and is the total of 100 liters (1 liter is approximately 0.26 liquid gallons).

Researchers also explained that cannabis legalization did not impact spirit sales in the same way. Additionally, researchers believe that cannabis use could potentially lead to higher alcohol use in some people, specifically “those with greater sensation-seeking behaviors.” However, they also wrote that some consumers are substituting cannabis in the place of cancer causing alcohol.

Data on beer and spirits sales in Canada were compiled by Beer Canada and Spirits Canada.

Beer Canada provided details about approximately 90% of total Canadian beer sales, while Spirits Canada showed sales in relation to whisky, rum, gin, tequila, liqueurs, and vodka but did not include ready-to-drink cocktails. Beer sales were reviewed between January 2012-February 2020, and spirits sales were examined between January 2016-February 2020.

The new proposed changes to Canada’s Cannabis Act and Food and Drugs Act could propel these sales even more if producers are better equipped to handle it.

Lots of new products out

Understandable and after 100 years of banning it, they tax it and everything is ok now. :)

CBS NEWS SAID WEED SMOKERS IN US NOW PASS ALCOHOL DRINKERS! WOW!

Just google MJ stock trend and look at the 1 month and 5 year. You can see where the US and Canadian government attitude is causing a trend line and by end of year, we will see company profits both in the company and our stairstep will follow the trends. :)

Village Farms International Applauds Historic Move Toward U.S. Marijuana Rescheduling :)

'Introducing Kush God: the next big strain from Pure Sunfarms" :)

KUSH GOD get your KUSH GOD. :)

Too long to be wrong! $VFF

https://finance.yahoo.com/news/village-farms-international-reports-q1-124143035.html

I listened to their stream. I'm still thinking we are on the right track to make us rich. :)

What was the big write down last quarter? I cant remember

Unfortunately seems this will only benefit the us companies on saving tax’s . Guess will have to wait and see

Yeah , based on the way this reads it sounds like a Possibility for concentrates and Gummies type stuff ;
but not Flower ...
Key word Possibility !

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174351272

So I guess the real question is like Florida’s medical marijuana right so will Village be able to export into Florida companies now that it’s not a schedule one or two I think that’s going to be the big determination

Stairway to heaven. :)

Those early sells are going to regret it. :)

Bwhahaha

People going to get caught napping here , is last thing I’m going say … vroom vroom

03:02 PM EDT, 04/30/2024 (MT Newswires) -- (Updates with DOJ declined to comment in fourth paragraph.)

Cannabis stocks rose in recent Tuesday trading after the Associated Press reported that the US Drug Enforcement Administration planned to reclassify marijuana as a drug that posed less harm than other substances.

The DEA's plan to bump marijuana down to the Schedule III category from its current Schedule I status would require approval from the White House Office of Management and Budget and follow a period of public hearings and a review by an administrative judge, the report said.

The move won't legalize cannabis for recreational use outright but recognize the plant's medical uses.

The DEA deferred the matter to the US Department of Justice when asked for comment by MT Newswires. The DOJ declined to comment.

Aurora Cannabis (ACB) shares rose 32%, Canopy Growth (CGC) surged 53%, Cronos Group (CRON) jumped 14% and Tilray Brands (TLRY) soared 38%.

Price: 8.32, Change: +2.00, Percent Change: +31.68

Yes lets see $20. :)

Time to turn on all 5,000,000 feet and be the Budweiser Miller light of marijuana. Let’s go al it. longs deserve it.

NEWS ‘No reason’ for DEA to delay marijuana rescheduling, FDA chief says :)

If we can export to America that’s all we need to hear, come on Amazon time to buy us !!

It's ok to let the news out. I already have my motherload. :)

Now the biggest question is since it’s going to schedule three can Village Farm ship over borders? I believe they can. Let’s hope so cause that will change fucking everything.

Marijuana getting rescheduled !!!!

News must be leaking about reschedule

Come on break $1.43 then off to the races!!! Soooner or later just a matter of time!!!

How is VFF close $1.27 post market $1.33 uhhhhh

NEWS!

https://finance.yahoo.com/news/investors-village-farms-international-nasdaq-130301577.html

Trading sideways which is good accumulation for the next big run spring coil effect gonna release sooner or later!

News! VFF

The Co. is expanding its executive team with the following new roles:
Chief Operating Officer -- Ann Gillin Lefever;
President, Global Medical Cannabis -- Paul Furfaro; and,
General Counsel, Global Cannabis -- John Harloe.Ms. Gillin Lefever is an accomplished business, finance and capital markets executive who served as an external consultant to Village Farms starting in 2020. In 2022, she joined the Company as Executive Vice President, Corporate Affairs, leading the Company's communications, strategy, governmental affairs and capital markets functions. Ms. Gillin Lefever was previously Head of the Institutional Sales team at Barclays and Senior Equity Research analyst covering the Consumer Products sector at two Wall Street firms, where she was the recipient of numerous awards. She later leveraged this experience as trusted advisor to organizations on governance and financial strategies.Mr. Furfaro joined Village Farms in 2023 as Senior Vice President, Strategy, leading, amongst other initiatives, an assessment of international cannabis opportunities and later assuming leadership of the global medical cannabis business.Dr. Harloe joined Village Farms' subsidiary, Balanced Health Botanicals, in 2019 as General Counsel to participate in the cannabinoid industry opportunity created by passage of the 2018 Federal Farm Bill. In 2023, he was appointed by the Governor to Colorado's Institute of Cannabis Research Governing Board and he is a member of the International Cannabinoid Research Society.

Break 1.34 we will be good again

Lets Go baby!

Just bought another 7990 shares LFG!!!!!!!!!!!!!

New puresun farms ceo seems to get importance of prs :)

Speed bump. :)

Sucks but also makes it harder for other lps to survive…

https://mjbizdaily.com/no-cannabis-excise-tax-reform-in-2024-canadian-budget/

Thanks , if Canada wants the Legal Industry to Flourish , they should Loosen the Tax Noose .....If California Wants....
Oh , that's Right ....Cali Loves Taxes

https://mjbizdaily.com/canadian-cannabis-industry-wants-tax-reform-in-federal-budget/

Were' the only Green Canadian LP today .....I'd say Canadian Tax Reform Tommorow is a Big Fat No !
The Positive ?
In the LONG Haul ; We are Gonna Own it .

6 day chart candles bull flag forming

Head and shoulder pattern or W???? Uhhhhh

It could happen in days, weeks, months, or even years. However, the politics involved in rescheduling indicate that a decision will likely be made in the next few months, not years. President Biden has already campaigned on marijuana reform, and he'll likely want to highlight rescheduling when courting voters in 2024.Mar 21, 2024

PLEEEEEEASEEEEEE!

We got a long way to go.

Told ya! $1.40 AH shorties covering tomorrow it’s FRIDAY!!!! SQUUUUUEEEEZE!

I bet we break even for the day or up +2%