Village Farms Is Undervalued As International Cannabis Revenue Hits Record Levels

Alan Sumler 1.55K Followers Follow Summary Village Farms International, Inc. reported strong Q2 financial results with record international cannabis sales. The company has expanded its Canadian and Netherlands grow facilities, which will continue to drive revenue and lower operating costs. VFF stock remains undervalued with a strong forward outlook and a strong balance sheet. The stock price has lost its previous edge and is only up 5% over the last year. I continue my rating of a Hold for VFF stock. Michael Nosek/iStock via Getty Images Village Farms International, Inc. ( VFF ) reported strong financial performance for Q2 . International medical cannabis exports are driving growth. The company has expanded its grow facilities in Canada and the Netherlands. Cannabis revenue is expected This article was written by Alan Sumler 1.55K Followers Follow Welcome to the home of The Cannabis Report. I cover the cannabis sector and other sectors. I am most interested in technical stock analysis, option strategies, small cap strategies, and emerging markets. Feel free to contact me with any questions about publicly traded stocks in the cannabis industry. Analyst’s Disclosure: I/we have a beneficial long position in the shares of VFF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.