Are You Missing Out On This NASDAQ-Listed Weed Stock? Low-Cost Model Meets European Demand
In a recent note, senior analyst Pablo Zuanic digs into the financial standing and valuation of Village Farms (NASDAQ:VFF), the only cannabis company anointed by the Drug Enforcement Agency (DEA) as one of the 25 DPs (“designated participants”) in the administrative hearing for the rescheduling of cannabis to Schedule III.
According to Zuanic, the company experienced temporary sales disruptions in the second half of the year, primarily due to stockouts caused by strong first-half demand. These disruptions are expected to normalize by the first quarter of 2025. Although the overall demand for Canadian recreational cannabis is slowing down, Village Farms has been able to increase prices for some SKUs.
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Global Reach And Scale
Beyond Canada, Village Farms is focused on growing its international business, particularly in Germany, Australia, and the …