VFF Village Farms International 100% Cannabis potentialVillage Farms International is one of the more interesting small-cap cannabis companies on the market.
It has only 335.252M Market Capitalization, and makes a small profit every year. Even though the P/E ratio is huge, 190.66, they don`t have debt like most of the cannabis related companies, because it`s being one of the most cost-effective growers on the market. A big reason for that has to do with Pure Sunfarms, a highly efficient cultivation operation in which Village Farms owns a majority stake.
Total cannabis cultivation costs came in at $0.64 per gram for its first fiscal quarter, a massive improvement from the $1.04 per gram seen in Q1 2019.
On July 8th Village Farms Expanded To The Netherlands, Partnering With DutchCanGrow.
DCG expects to become one of 10 licensed cannabis growers within the country once the Dutch government allows the first legal recreational cannabis market in Europe. Dutch regulators have allowed a limited number of companies to cultivate cannabis and supply coffee shops in the country legally.
On 7/24/2020 Brokerage Raymond James Boosted the Price Target to Outperform from $11.00 to $14.00. Now WFF is trading at $5.96.
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