Village Farms Cannabis Stock Down 23%: Are Lower Costs And Increasing Sales A Signal For Investors?
Despite a 23% decrease in stock price over the past month, Village Farms International (NASDAQ: VFF) showcases a robust financial outlook with compelling growth in sales and improvements in gross margins and SG&A efficiencies.
As outlined by Pablo Zuanic of Zuanic & Associates, the strategic positioning of VFF in key markets and product categories continues to strengthen its market share and operational metrics, indicating a resilient business model even amidst broader market volatility.
Growth And Market Dynamics
According to Zuanic’s latest report, the company’s strategic focus on key product formats and market expansions have significantly bolstered its market share and financial standing.
The Hifyre data highlights a year-over-year (yoy) sales increase of over 40% in Q2 2024, driven by strong performance in April and May where sales surged by 34% and 53% respectively. This acceleration …