It doesnt say when the senate will vote (probably because it is just out of committee and hasnt had a chance to be put on the Senate docket) But it looks like if there isnt a govt shutdown, possibly by the end of the year for the whole thing to be done. Including President Biden's signing into law. That is assumming it passess both the Senate and the House.
If there is a govt shutdown, we are looking mid 2024
Why invest? We are leveraging our 30+ year history as a vertically integrated Controlled Environment Agriculture (CEA) pioneer and leader for new large-market, high-value plant-based consumer product opportunities.
We have a specific focus on cannabinoid (high- and low-THC) and related health and wellness opportunities, in North America and around the world. We are executing on an aggressive growth strategy to deliver durable shareholder value throughout the near-, medium- and long-terms.
In Canada, the world’s first major recreational cannabis market, our wholly owned subsidiary, Pure Sunfarms is one of the largest producers and one of the top-selling brands – and has been EBITDA positive since commencing sales in Q4 2018.
In the US, we are well-positioned for the evolution of cannabis regulation through wholly-owned Balanced Health Botanicals, a cannabinoid platform with a top-5 CBD brand, our long-standing relationships with major consumer retailers, and our 5.5 million ft2 of high-tech CEA facilities in Texas – the largest concentration of cultivation assets of any Licensed Producer or Multi-State Operator.
Internationally, we are investing in selected, nascent market opportunities with an initial focus on the Asia-Pacific region and Europe.
We are shareholders too and invest prudently for growth, with an overriding focus on ROI and growth in profitability.
In doing so, we are passionate about and committed to preserving our planet through proven practices and innovation for sustainable agriculture.
You could tell this thing was getting pushed around all day. Especially in the last hour. There was no way they were going to let it close at or above a dollar. My guess is that it will be over $1 after hours and then shorted in the morning. We will see. Tick Tock Villagers
Village Farms has almost thirty years of experience in the hydroponic greenhouse industry. Beginning with just ten acres of greenhouse facilities, Village Farms today operates more than 262 acres and markets an additional 120 acres of greenhouse. We are the leading vegetable greenhouse producer and supplier in the North America and have earned a reputation in the industry. Village Farms grows and markets greenhouse grown, high quality hydroponic produce throughout the U.S. Our varieties available 365 days a year include a full line of hydroponic tomatoes, peppers and cucumbers in a variety of colors. Village Farms produce is sold throughout the US, Canada and select areas in Mexico in national chains and local supermarkets under the Village Farms® and Home Choice® brand names. Village Farms produce is easily recognized by its consistent superior taste, texture and appearance.