Village Farms International

What Village Farms International does

Village Farms International is a publicly traded (NASDAQ: VFF), Lake Mary, Florida-headquartered greenhouse operator that has transformed from a North American produce grower (founded 1988) into a diversified global cannabis platform. The company controls over 7 million square feet of controlled-environment agriculture infrastructure across Canada, the United States, and the Netherlands, which underpins its core cannabis and CBD businesses.

Operating subsidiaries include Pure Sunfarms (Canadian cannabis — #1 position in Canadian dry flower with 43% gross margins and 15+ consecutive quarters of positive EBITDA, operating from the world's largest EU-GMP certified facility in Delta, British Columbia); Balanced Health Botanicals/CBDistillery (top-5 U.S. CBD brand with 30,000+ monthly e-commerce orders, acquired for $75M in 2021); Rose LifeScience (70%-owned Quebec cannabis producer and exclusive distributor for multiple LPs); and Leli Holland (85%-owned Netherlands operator holding one of ten cultivation licenses under the Dutch Closed Supply Chain Experiment). In June 2025, the legacy produce business was spun into the Vanguard Food LP joint venture, signaling a strategic focus shift toward cannabis. The company also operates VF Clean Energy, a renewable natural gas joint venture with Terreva Renewables.

Revenue is generated via direct sales to Canadian provincial cannabis wholesalers (OCS, BCLDB, AGLC, SLGA, Manitoba), wholesale to other licensed producers, B2B produce distribution (long-standing H-E-B partnership), DTC e-commerce through CBDistillery, and EU-GMP-enabled international medical cannabis exports to Germany, Australia, and New Zealand. Q1 2026 net sales were $50.2 million (+27% YoY) with record international export sales of $14.6 million (+171% YoY); FY2025 delivered record net income of $21 million on $58 million of operating cash flow.

Name

Village Farms International

Legal name

Village Farms International Inc.

Website

https://villagefarms.com

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Village Farms International is a publicly traded (NASDAQ: VFF) cannabis and greenhouse agriculture platform operating over 7 million square feet of controlled-environment infrastructure. Through subsidiaries Pure Sunfarms, CBDistillery, Rose LifeScience, and Leli Holland, it produces and distributes cannabis and CBD across Canada, the U.S., the Netherlands, and other international medical markets.

Ownership category

akta.pro rank

Product category

Greenhouse Cannabis Cultivation and Production

NAICS

Food Crops Grown Under Cover (11141)

SIC

Agricultural Production-Crops (100)

akta.pro primary industry

Controlled Environment Agriculture (CEA) / Vertical Farming (Indoor LED Farms) (AFAGAHAJ)

akta.pro secondary industries

Medicinal Plant Farming (Botanical/Pharmaceutical Crops) (AFAGAGAE), Greenhouse Herb & Microgreens Production (Culinary Herbs, Microgreens) (AFAGAHAC)

Keywords

• Greenhouse cannabis production
• CBD consumer products
• EU-GMP medical cannabis
• Controlled environment agriculture
• Greenhouse-grown produce

Headquarters

HQ city

Lake Mary

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Infrastructure, Personnel, Technology or R&D, Others

Revenue model

1. Cannabis Production and Sales: Wholly-owned subsidiary Pure Sunfarms produces and sells dried flower and cannabis products in Canadian recreational and medical markets. Holds #1 market share position in Canadian dry flower with 43% gross margins. Sells wholesale to provincial retailers and other licensed producers.
2. CBD/Hemp Consumer Products: Balanced Health Botanicals (acquired 2021 for $75M) operates CBDistillery platform with over 30,000 monthly orders, selling hemp-derived CBD products through e-commerce and major U.S. retailers.
3. International Medical Cannabis Exports: EU-GMP certified production enables exports to regulated medical cannabis markets in Germany, Australia, New Zealand, and other international jurisdictions. Q1 2026 international sales reached $14.6 million, up 171% year-over-year.
4. Fresh Produce (Greenhouse Vegetables): Village Farms Fresh produces and distributes premium greenhouse-grown fruits and vegetables (tomatoes, peppers, cucumbers) to retail grocers and fresh food distributors across the U.S. and Canada. 365-day growing season with sustainability focus.
5. Renewable Energy (VF Clean Energy): Renewable natural gas project in partnership with Terreva Renewables. Captures landfill methane to generate electricity sold to BC Hydro and heat for greenhouse operations.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels7 records

Core offering

Village Farms International is a vertically integrated greenhouse producer that cultivates and sells cannabis, CBD products, and greenhouse-grown produce across North America and Europe. Its wholly-owned subsidiaries include Pure Sunfarms (Canada's #1 dried flower cannabis brand and world's largest EU-GMP certified cannabis facility), CBDistillery (top-5 U.S. CBD brand via Balanced Health Botanicals), Rose LifeScience (Quebec cannabis), and Leli Holland (Netherlands cannabis under Dutch Closed Supply Chain Experiment), supported by more than 7 million square feet of advanced greenhouse infrastructure.

Product overview

Village Farms International operates as a diversified global platform spanning multiple cannabis and agriculture brands. The company operates through its wholly-owned subsidiaries: Pure Sunfarms (Canadian cannabis - largest producer with EU-GMP certification), Balanced Health Botanicals with flagship brand CBDistillery (U.S. CBD market), Rose LifeScience (Quebec cannabis distribution), and Leli Holland (Netherlands cannabis). The company also maintains its legacy Village Farms Fresh produce division and VF Clean Energy renewable energy operations. The portfolio is held together by extensive greenhouse infrastructure exceeding 7 million square feet across Canada, Netherlands, and the United States.

Differentiator

Problem solved

Functional benefit

Brands

• Pure Sunfarms: Wholly-owned Canadian cannabis brand, one of the largest producers and top-selling brands in Canada, EBITDA positive since Q4 2018. Known for Pink Kush strain and other cannabis products including cured resin vapes.
• CBDistillery
• Balanced Health Botanicals (BHB)
• Rose LifeScience
• Leli Holland
• VF Clean Energy
• Village Farms Fresh

Products and services

• Pure Sunfarms Canadian Cannabis Brand Pure Sunfarms is Village Farms' wholly-owned Canadian cannabis subsidiary and the #1 selling dried flower brand in Canada. It produces dried flower and cannabis products including cured resin vapes and pre-rolls in a 1.65 million+ square foot greenhouse in Delta, British Columbia at the world's largest EU-GMP certified cannabis facility, with capacity for 112,500 kg of dried flower annually.
• CBDistillery CBD Products Flagship brand of Balanced Health Botanicals (a wholly-owned subsidiary of Village Farms), a top-5 CBD brand in the United States founded in 2016 that sells hemp-derived CBD tinctures, gummies, softgels, capsules, and topicals through the CBDistillery.com e-commerce platform with over 30,000 monthly orders and through major U.S. consumer retailers.
• Rose LifeScience / Promenade Quebec Cannabis Brand Rose LifeScience is a 70%-owned Quebec cannabis subsidiary operating a 55,000 square foot production facility and serving as exclusive distributor for multiple Licensed Producers in Quebec, with its own brands including the Promenade line of cannabis products.
• Leli Holland Netherlands Cannabis Brand Leli Holland is an 85%-owned Netherlands cannabis subsidiary holding one of 10 cultivation licenses under the Dutch Closed Supply Chain Experiment, building an indoor facility to produce and distribute cannabis to Dutch coffee shops; the Phase II Groningen expansion is expected to quintuple Dutch production capacity to approximately 10 tonnes annually by late 2026.
• Village Farms Fresh Greenhouse Produce Village Farms Fresh is the company's greenhouse produce brand growing premium tomatoes, peppers, and cucumbers across more than 7 million square feet of greenhouse assets in British Columbia and Texas, producing approximately 112 million pounds of fresh produce annually for sale to retail grocers and fresh food distributors.
• VF Clean Energy Renewable Natural Gas VF Clean Energy is Village Farms' renewable energy subsidiary that operates a powerplant in partnership with Terreva Renewables capturing methane gas from a Vancouver landfill and converting it into heat and electricity for greenhouse operations, with CO2 byproduct recycled back into greenhouse photosynthesis cycles.
• Balanced Health Botanicals (BHB) Cannabinoid Platform Balanced Health Botanicals is the wholly-owned U.S. parent company of CBDistillery that Village Farms acquired in 2021 for $75 million; BHB operates the established CBDistillery supply chain and e-commerce platform and serves as the company's pathway into the U.S. CBD market and high-THC cannabis upon federal legalization.

Quantifiable outcome

• 15+ quarters of positive EBITDA (Pure Sunfarms)
• +6 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Terreva RenewablesminorStrategic or Co-development Partner · 23 February 2026Renewable natural gas project partnership. Village Farms VF Clean Energy powerplant captures methane gas from Vancouver landfill and converts to electricity and heat for greenhouse operations. CO2 byproduct recycled back into greenhouses.
• Brian Stevenson (Global Chief Strategy Officer)coreOthers · 17 December 2025Appointment of Brian Stevenson as Global Chief Strategy Officer to lead global expansion and strategic initiatives. Extensive experience in regulated markets from previous roles at British American Tobacco, Pharmascience, and ROSE LifeScience.
• LégerminorStrategic or Co-development Partner · 23 November 2025Consumer research partnership conducting in-province study exploring Quebec cannabis consumer habits, perceptions of vaping, and purchasing preferences. Research informed Promenade Matin vape product launch.
• Vanguard Food LPcoreStrategic or Co-development Partner · 3 June 2025Joint venture created through privatization of Village Farms produce business. Partnership with Kennedy Lewis Investment Management and Sweat Equities to develop branded produce company. Vanguard Food LP plans expansion through acquisitions and product development. Frank Padilla (former Costco executive) appointed to Board of Managers.
• FlowerShop MediaminorGTM or Marketing Partner · 1 March 2023Partnership for CBDistillery Twitter advertising campaign creative development. FlowerShop Media partnered with CBDistillery for first-ever CBD brand advertising on Twitter under new cannabis policy allowing hemp-derived CBD marketing.
• H-E-BcoreChannel Partner/ Reseller/ Distributor · 22 August 202225+ year retail partnership for Village Farms Fresh produce distribution. Texas Roots program featuring Village Farms greenhouse tomatoes. Major customer for produce operations with mutual community support initiatives including Uvalde family donations.
• Leli HollandcoreStrategic or Co-development Partner · 18 August 2022Village Farms owns 85% of Leli Holland which holds one of 10 cultivation licenses in Netherlands under Dutch Closed Supply Chain Experiment. Company building indoor facility for cannabis production to supply Dutch coffee shops. Phase II expansion will quintuple production to 10 tonnes annually by late 2026.
• NOYA Cannabis Inc.coreStrategic or Co-development Partner · 3 May 2022Partnership for Cookies brand sun-grown flower in Canada. Pure Sunfarms serves as licensed producer of record for Cookies cannabis products. Uses Cookies genetics and post-production processes with Pure Sunfarms growing and processing high-quality whole flower in 1.65 million square foot greenhouse.
• CookiescoreChannel Partner/ Reseller/ Distributor · 3 May 2022World's most recognized cannabis brand licensing partnership. Pure Sunfarms grows and processes Cookies genetics under sun-grown model in British Columbia greenhouse. Products available in 14g bags with strains including Georgia Pie, Lemonnade, and Medellin.
• MoreBetter Ltd. (Releaf App)minorStrategic or Co-development Partner · 14 February 2022Research partnership conducting clinical studies on CBD and cannabinoid benefits. 'Sleep Pathfinder Mission' analyzed CBD+CBN for sleep improvement. CBG+CBD study for anxiety reduction. MoreBetter's white-label technology generates consumer insights and product performance data.
• Rose LifeSciencecoreStrategic or Co-development Partner · 31 December 2021Village Farms acquired 70% stake ($46.7M CAD) in Quebec cannabis company Rose LifeScience to enter Quebec market. Company has 55,000 square foot production facility and serves as exclusive distributor for multiple LPs in Quebec. Management team retained with CPG experience.
• Village Fields Hemp USA, LLCminorStrategic or Co-development Partner · 27 September 2021Joint venture for multi-state outdoor hemp cultivation and CBD extraction. Planned controlled environment hemp production at Texas greenhouse operations when U.S. regulatory framework for CBD becomes clearer.
• Balanced Health Botanicals (BHB)coreOthers · 16 August 2021Village Farms acquired Balanced Health Botanicals for $75 million (cash and stock) to enter the U.S. CBD market. BHB operates CBDistillery platform with over 30,000 monthly orders. Provides pathway to high-THC cannabis market entry in U.S. upon federal legalization. Integrates established supply chain and e-commerce platform.

Scale indicators27 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Tilray Brands: Canadian licensed producer with diversified cannabis operations across Canada, U.S., and international medical markets. Comparable as a vertically integrated LP competing for provincial retail shelf space and exporting to EU-GMP certified jurisdictions.
• Canopy Growth Corporation: One of Canada's largest cannabis producers with multi-country operations spanning Canadian recreational, German medical, and U.S. CBD. Direct competitor for provincial retail contracts and EU medical cannabis supply.
• Aurora Cannabis: Canadian LP with large-scale greenhouse cultivation footprint in Alberta and EU-GMP operations in Germany. Closely comparable on cultivation model, EU medical export capability, and Canadian retail strategy.
• OrganiGram Holdings: Canadian licensed producer focused on dried flower, pre-rolls, and vapes with EU-GMP certification. Competes directly with Pure Sunfarms for Canadian recreational flower share and international medical supply.
• Cronos Group: Canadian cannabis operator with international footprint (Israel, Germany, Australia) and U.S. hemp-CPG exposure. Comparable as a multi-jurisdictional LP targeting similar regulated medical markets.
• Curaleaf Holdings: Largest U.S. multi-state operator with cultivation, processing, and retail across 17+ states. Comparable as a vertically integrated cannabis platform, particularly for Village Farms' U.S. growth thesis.
• Green Thumb Industries: U.S. MSO operating cultivation and retail across multiple states with branded product portfolio. Comparable business model and growth-stage dynamics for U.S. expansion optionality.
• High Tide Inc. Canadian cannabis retailer and accessories company with growing cultivation and B2B distribution. Adjacent competitive overlap with Village Farms' wholesale-to-retail channel strategy in Canada.

Emerging players

• Decibel Cannabis Company: Canadian LP with focus on high-THC dried flower and pre-rolls under the Qwest and General Admission brands. Emerging competitor in the same Canadian flower category where Pure Sunfarms holds #1 share.

Broad incumbents

• Mastronardi Produce: Largest North American greenhouse produce operator (NatureSweet/Sunset brands) and Village Farms' former peer in the produce segment before the Vanguard Food LP joint venture. Relevant for understanding greenhouse produce economics and scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/villagefarms
• LinkedInlinkedin.com/company/village-farms-international-inc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries6 records

Funding overview

Funding rounds10 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Village Farms International