Village Farms International Receives Outstanding Employer Award

VANCOUVER, British Columbia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) is pleased to announce it has been awarded the "Re-Imagine Award for Outstanding Employer” by Options Community Services. The award acknowledges businesses that are committed to cultivating inclusive workplaces in British Columbia and recognizes Village Farms' Fresh Produce and Pure Sunfarms businesses who celebrate and support the rich diversity, team culture, and relationships of their teams. Options Community Services is a non-profit charity providing social services to the municipalities surrounding the Company's greenhouses in Delta, Canada.

"Options Community Services is a valued partner and important contributor of resources to those who need it the most in our community. We are proud to collaborate with them and honored to have our efforts to advance diversity in our workplace recognized with this award,” said Michael DeGiglio, President & CEO of Village Farms International. “We aim to do our part to create inclusive spaces, that are welcoming, dignified and accessible, and thank Options Community Services for the important work they do to help build stronger, more resilient communities that inspire hope.”

For more information about Options Community Services, visit www.options.bc.ca.

About Village Farms International

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 opportunities, with a strong foundation as a leading fresh produce supplier to grocery and large-format retailers throughout the US and Canada, and new high-growth opportunities in the cannabis and CBD categories in North America, the Netherlands 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 Canada’s best-selling brands. The Company also owns 70% of Québec-based, Rose LifeScience, a leading third-party cannabis products commercialization expert in the Province of Québec.

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.

Contact Information

Lawrence ChamberlainInvestor RelationsLodeRock Advisors(416) 519-4196[email protected]

Source: Village Farms International, Inc.

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