– Company to Report its Third Quarter
2021 Financial Results Via News Release
on Tuesday, November 9, 2021 at
7:00 a.m. –
VANCOUVER, BC, Nov. 1, 2021 /CNW/ - Village Farms International,
Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF)
today announced it will host a conference call to discuss its third
quarter financial results on Tuesday,
November 9, 2021 at 8:30 a.m.
ET. Participants can access the conference call by
telephone by dialing (416) 764-8659 or (888) 664-6392, or via the
Internet at: https://bit.ly/3b9dXql.
The Company expects to report its second quarter 2021 financial
results via news release on Monday, August
9, 2021 at 7:00 a.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) 764-8677 or (888) 390-0541 and enter the
passcode 942299 followed by the pound (#) key. The telephone
replay will be available until Tuesday,
November 16, 2021 at midnight (ET). The conference
call will also be available on Village Farms' web site at
http://villagefarms.com/investor-relations/investor-calls.
About Village Farms International, Inc.
Village Farms leverages decades of experience as a large-scale,
Controlled Environment Agriculture-based, vertically integrated
supplier for high-value, high-growth plant-based Consumer Packaged
Goods opportunities, with a strong foundation as a leading fresh
produce supplier to grocery and large-format retailers throughout
the US and Canada, and new high-growth opportunities in the
cannabis and CBD categories in North America and selected
markets internationally.
In Canada, the Company's wholly-owned Canadian subsidiary,
Pure Sunfarms, is one of the single largest cannabis operations in
the world, the lowest-cost greenhouse producer and one of
Canada's best-selling brands.
In the US, wholly-owned Balanced Health Botanicals is one of the
leading CBD brands and e-commerce platforms in the country.
Subject to compliance with all applicable US federal and state laws
and stock exchange rules, Village Farms plans to enter the US
high-THC cannabis market via multiple strategies, leveraging one of
the largest greenhouse operations in the country (more than 5.5
million square feet in West
Texas), as well as the operational and product expertise
gained through Pure Sunfarms' cannabis success in Canada.
Internationally, Village Farms is targeting selected, nascent,
legal cannabis and CBD opportunities with significant medium- and
long-term potential, with an initial focus on
the Asia-Pacific region and Europe.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains forward-looking statements within
the meaning of the United States Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, (the "Securities Act") and Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and is
subject to the safe harbor created by those sections. This press
release also contains "forward-looking information" within the
meaning of applicable Canadian securities law. We refer to such
forward-looking statements and forward-looking information
collectively as "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, expansion plans, 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, the greenhouse
vegetable industry or the cannabis industry 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", "try", "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.
but are not limited to Company's expansion plans, expectations
regarding cannabis and CBD categories in North
America and Europethe retail CBD and high-THC cannabis
markets, the legal and regulatory status of the cannabis and the
CBD business; risks relating to obtaining additional financing,
dependence upon credit facilities, profitability, product pricing,
cannabis, hemp and agricultural businesses, relating to the
conversion of our greenhouses to cannabis, international expansion,
the ongoing and developing COVID-19 pandemic and tax risks.
The Company has based these forward-looking statements on
factors and assumptions about future events and financial trends
that it believes may affect its financial condition, results of
operations, business strategy and financial needs. 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 securities regulators,
including this press release. In particular, we caution you that
our forward-looking statements are subject to the ongoing and
developing circumstances related to the COVID-19 pandemic, which
may have a material adverse effect on our business, operations and
future financial results.
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 relate
only 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, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
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SOURCE Village Farms International, Inc.