24/7 Market News Snapshot 12 May, 2025 – Village Farms International, Inc. Common Shares (NASDAQ:VFF)

May 12, 2025

DENVER, Colo., 12 May, 2025 (www.247marketnews.com) – (NASDAQ:VFF) are discussed in this article.
In a noteworthy development, Village Farms International, Inc. has witnessed significant activity in the stock market, opening at $0.69 and experiencing an extraordinary surge of 75.99%, currently trading at $1.174 with a trading volume of 2.52 million shares. This remarkable uptick signifies heightened investor confidence and reflects the company’s potential for growth within both the agricultural and cannabis sectors. Analysts are keenly monitoring this breakout, anticipating it may signal further upward momentum for Village Farms.

Adding to the excitement, Village Farms has embarked on a transformative agreement with Vanguard Food LP, a newly-formed holding company supported by prominent private investment firms. This strategic move aims to elevate the Fresh Produce segment, positioning it as a cornerstone of Vanguard’s growth strategy. As part of this collaboration, Village Farms will privatize select assets, including its greenhouse operations in Texas, while retaining a 37.9% equity stake in the new entity. The company is set to receive $40 million in cash proceeds from this transaction, which will enable it to concentrate on expanding its leadership in the international cannabis market.

Charlie Sweat, the founder of Sweat Equities and a former CEO of a leading organic food company, will oversee Vanguard’s Board of Managers. Alongside Village Farms’ leadership, including CEO Michael A. DeGiglio, the focus will be on driving strategic initiatives that leverage the increasing consumer demand for healthier food options. DeGiglio emphasized that this transaction unlocks substantial long-term value for the produce operations and allows the company to concentrate its resources on the burgeoning cannabis sector. The transaction is expected to conclude in the second quarter of 2025, marking a pivotal moment for Village Farms as it strengthens its commitment to quality and sustainable growth across its operations.

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