Three Paths To Cannabis Profits: Village Farms, Green Thumb, And Jushi Show Divergent Strategies—Which Will Deliver?
In the latest cannabis market analysis from Beacon Securities, three major multi-state operators (MSOs) Village Farms, Green Thumb Industries, and Jushi Holdings—demonstrate distinct strategies for navigating the challenging landscape.
Here’s a look at how each company is betting on different recipes for growth.
Village Farms Leverages European Expansion To Offset Domestic Challenges
Village Farms International (NASDAQ:VFF) reported a strong Q3 performance, with Canadian cannabis sales up 20% year-over-year to $ 27 million, despite a broader market decline of 1%. The company’s strategic expansion into the Netherlands could be a game-changer. VFF is one of only 10 license holders in the country’s recreational cannabis pilot program.
According to Beacon’s analyst, VFF’s newly completed 2,000 kg facility is expected to generate USD 12.7 million in annual revenue, with a selling price of approximately $6.40 per gram. With no …