Village Farms reports Q1 2025 results

Village Farms reports Q1 2025 results
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Village Farms reported consolidated Q1 2025 sales of $77.1M and a net loss of $6.7M, impacted by dust storms at Texas facilities.

The company announced a $40M deal to privatize its Fresh Produce segment, forming a new joint venture, Vanguard Food LP, with private equity backing.

Canadian cannabis operations delivered the best adjusted EBITDA in three years, with international exports up 285% YoY.

Village Farms initiated recreational cannabis sales in the Netherlands and began construction on a Phase II facility.

The company received a 180-day extension from Nasdaq to regain compliance with listing requirements.

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