Village Farms International, Inc.

Village Farms International announced it will release its third quarter 2026 financial results on November 9, 2026. The company will host a conference call the same day at 8:30 a.m. ET to discuss the results. While the live Q&A is limited to analysts, other participants are invited to submit questions via email.

Village Farms International reported strong second-quarter 2026 financial results, with consolidated net sales increasing 7% year-over-year to $64 million and net income reaching $7.1 million, or $0.06 per share. The cannabis segment was a key driver, achieving record revenues of $53.5 million and a 16% increase in Adjusted EBITDA to $15.3 million. The company also saw significant growth in international export sales, which rose 74% year-over-year to $20.9 million, and is progressing with expansion projects in the Netherlands and Canada, ending the quarter with $73 million in cash.

Village Farms International reported Q2 2026 sales of $63.977 million, a 6.8% increase year-over-year, with gross profit climbing 34.1% to $29.973 million. However, net income from continuing operations decreased to $7.193 million from $9.945 million in the prior year quarter. The company also acquired an additional 6.6% interest in Rose LifeScience Inc. and secured more favorable terms for its FCC Term Loan and Pure Sunfarms Secured Credit Facility.

Village Farms International, Inc. announced that it will release its second quarter 2026 financial results on Monday, August 10, 2026, at 7:00 a.m. ET. Following the release, the company will host a conference call to discuss the results at 8:30 a.m. ET. The call will be accessible via webcast, and participants can register in advance for telephone access.

Village Farms International, Inc. announced the launch of Super Toast Bites, a new line of cannabis-infused gummies under its Super Toast brand. This marks the brand's first entry into the edibles category, which accounts for about 5% of the Canadian cannabis market and grew 19% in the first half of 2026. The line includes Diamond Bites and Rosin Bites, both featuring 10 x 10mg THC gummies in various flavors, and is now available in Ontario with plans for further market expansion.

Village Farms International announced a limited-time product activation in the Netherlands, launching the "WK Duo-Pack" pre-rolls. This special edition, featuring Tangerine flower and custom orange branding, is inspired by the football World Championship and aims to deepen engagement with licensed coffeeshop partners. The initiative leverages Dutch football culture and highlights the company's innovation and growing presence in the regulated cannabis market, supported by its Groningen facility.

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.

Village Farms International announced the launch of the Pure Sunfarms Pink Kush Cured Resin 510 Vape, bringing Canada's top-selling strain into the rapidly expanding vape category. This new product leverages the iconic Pink Kush's reputation, which has been the all-time top-selling strain across major Canadian markets for five years. The vape category is the fastest-growing in Canadian cannabis retail, with an 11% year-over-year increase in dollar sales as of May 2026, now accounting for nearly 20% of national cannabis spending.

Village Farms International, Inc. announced the election of Christopher "Kip" Woodward as the new Chairman of its Board of Directors. Mr. Woodward succeeds John McLernon, who served as Chairman for 20 years and will continue as a Board member. The company acknowledged Mr. McLernon's instrumental leadership in transforming Village Farms into a global leader in cannabis and plant-based consumer packaged goods.

Village Farms International, Inc. announced a registered direct offering to sell 7,500,000 common shares at $2.00 per share, aiming to raise approximately $15 million in gross proceeds. The funds are intended for general working capital. The offering is being made under the company's existing shelf registration statement. A.G.P./Alliance Global Partners is acting as the placement agent, and company insiders have agreed to 60-day lock-up periods.