– Pure Sunfarms' President and CEO,
Mandesh Dosanjh, to Participate on Canadian Cannabis Innovation and
Growth Panel –
VANCOUVER, BC, Sept. 30, 2021 /PRNewswire/ - Village Farms
International, Inc. ("Village Farms" or the "Company") (NASDAQ:
VFF) (TSX: VFF) today announced the Company will participate in the
A.G.P./Alliance Global Partners Virtual Fall Consumer Cannabis
Conference. As part of the conference, Mandesh Dosanjh,
President and Chief Executive Officer of Village Farms' wholly
owned Canadian cannabis subsidiary, Pure Sunfarms, will
participate on a panel entitled Canadian Cannabis & the Role
of Innovation to Drive Growth on Tuesday, October 5, 2021, at 10:00 a.m.
ET.
A live webcast of the panel discussion will be available to the
public on Village Farms' website (www.villagefarms.com) in the
Investors section under the Presentations & Events tab. The
webcast presentation will be archived and available for 90 days on
the Company's website.
About Village Farms International, Inc.
Village Farms leverages decades of experience as a
large-scale, Controlled Environment Agriculture-based, vertically
integrated supplier for high-value, high-growth plant-based
Consumer Packaged Goods, with a strong foundation as a leading
fresh produce supplier to grocery and large-format retailers
throughout the US and Canada,
along with new high-growth opportunities in the cannabis and CBD
categories in North America and
selected markets internationally.
In Canada, the Company's
wholly-owned Canadian subsidiary, Pure Sunfarms, is one of the
single largest cannabis operations in the world, the lowest-cost
greenhouse producer and one of the best-selling brands.
In the US, wholly owned Balanced Health Botanicals is one of the
leading CBD brands and e-commerce platforms in the country.
Subject to compliance with all applicable US federal and state laws
and stock exchange rules, Village Farms plans to enter the US
high-THC cannabis market via multiple strategies, leveraging one of
the largest greenhouse operations in the country (more than 5.5
million square feet in West
Texas), as well as the operational and product expertise
gained through Pure Sunfarms' cannabis success in Canada.
Internationally, Village Farms is targeting selected, nascent,
legal cannabis and CBD opportunities with significant medium- and
long-term potential, with an initial focus on the Asia-Pacific region and Europe.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains forward-looking
statements within the meaning of the United States Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, (the "Securities Act") and
Section 21E of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and is subject to the safe harbor
created by those sections. This press release
also contains "forward-looking information" within
the meaning of applicable Canadian securities law. Forward-looking
information can be identified by such terms as "outlook", "may",
"might", "will", "could", "should", "would", "occur", "expect",
"plan", "anticipate", "believe", "intend", "try", "estimate",
"predict", "potential", "continue", "likely", "schedule",
"objectives", or the negative or grammatical variation thereof or
other similar expressions concerning matters that are not
historical facts, although not all forward-looking statements
contain these identifying words. The forward-looking statements in
this press release are subject to risks that may include, but are
not limited to Company's expansion plans, expectations regarding
cannabis and CBD categories in North
America, Australia and
selected markets internationally, Pure Sunfarms Delta 2 operational
capabilities and harvesting capacity, uncertainties in Pure
Sunfarms obtaining the EU-GMP certification before the end of 2021,
timing of EU shipments in first quarter of 2022, the retail CBD and
high-THC cannabis markets, the legal and regulatory status of the
cannabis and the CBD business in the North America and Asia-Pacific markets; risks associated with
Altum's expansion, regional demand for its products and other lines
of businesses risks relating to obtaining additional financing,
dependence upon credit facilities, profitability, product pricing,
cannabis, hemp and agricultural businesses, relating to the
conversion of our greenhouses to cannabis the ongoing and
developing COVID-19 pandemic and tax risks. The Company has
based these forward-looking statements on factors and assumptions
about future events and financial trends that it believes may
affect its financial condition, results of operations, business
strategy and financial needs. Although the forward-looking
statements contained in this press release are based upon
assumptions that management believes are reasonable based on
information currently available to management, there can be no
assurance that actual results will be consistent with these
forward-looking statements. Forward-looking statements necessarily
involve known and unknown risks and uncertainties, many of which
are beyond the Company's control, that may cause the Company's or
the industry's actual results, performance, achievements, prospects
and opportunities in future periods to differ materially from those
expressed or implied by such forward-looking statements. These
risks and uncertainties include, among other things, the factors
contained in the Company's filings with securities regulators
available on SEDAR and EDGAR. When relying on forward-looking
statements to make decisions, the Company cautions readers not to
place undue reliance on these statements, as forward-looking
statements involve significant risks and uncertainties and should
not be read as guarantees of future results, performance,
achievements, prospects and opportunities. The
forward-looking statements made in this press release relate only
to events or information as of the date on which the statements are
made in this press release. Except as required by law, the Company
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on
which the statements are made or to reflect the occurrence of
unanticipated events.
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SOURCE Village Farms International, Inc.