ExpansionJun 15, 2026, 07:01 AM
Village Farms D-2 Expansion Cultivation Begins; Tech Upgrades Accelerated
AI Summary
Village Farms International announced operational updates for its Delta 2 (D-2) greenhouse expansion in British Columbia. Following a successful first harvest in the first half of the expansion, cultivation has now commenced in the second half. The company is also accelerating planned technology upgrades to the D-2 expansion, now expected in the fourth quarter, in response to increasing demand, without incurring additional capital expenditures. The full D-2 expansion is projected to yield an incremental 40 metric tonnes of flower annually once complete next year, with full production capacity expected in the third quarter of next year.
Key Highlights
- Cultivation commenced in the second half of the Delta 2 expansion.
- Successful first harvest completed in the first half of the Delta 2 expansion.
- Technology upgrades for Delta 2 accelerated to Q4 due to increasing demand.
- Expansion expected to yield incremental 40 metric tonnes of flower annually.
- Full production capacity of 40 metric tonnes anticipated in Q3 next year.
- Accelerated technology upgrades will not result in incremental capital expenditures.
Price Impact
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