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We’re converting 10% of the assets that Village Farms International owns. Once it’s operational, it will generate hundred million dollars. It is more than all Village Farms after 29 years in business. We’re on the verge of being the largest cannabis producer in Canada.
Village Farms International Inc. is one of the largest and longest-operating greenhouse growers in North America. Though, it is the only traded greenhouse produce company in Canada. Over 750 years of experience in advanced technology and sustainable practices, Village Farms is resource-efficient. Village Farms produce and distributes fresh & premium-quality produce. They distribute with the consistency of 365-days a year to national grocers in the U.S. and Canada. This is done from its large-scale Controlled Environment Agriculture (CEA) greenhouses in British Columbia and Texas.
In addition, Village Farms is getting into cannabis production. The company made an official announcement of a new joint venture agreement with Emerald Health Therapeutics. It will convert an initial 25 acres of their greenhouse facility in state art glasshouse for the annual production.