Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also owns and operates a power plant that generates and sells electricity, and provides thermal heat to British Columbia Hydro and Power Authority; produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; and develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications. It markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as products produced under exclusive arrangements with other greenhouse producers. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Delta, Canada.
Village Farms Reports Q2 2026 Results Driven by Record Cannabis Revenues and Year-to-Date Harvest Yields
Village Farms reported Q2 2026 revenue of $64 million, up 7% year-over-year, driven by record cannabis sales of $53.5 million.
Cannabis gross margin expanded 900 basis points to 51% as record harvest yields lowered production costs, while international export sales jumped 74% to $20.9 million.
The company generated $8.9 million in operating cash flow and ended the quarter with $73 million in cash, following a $15 million registered direct offering during the period.