It Takes A Village: Village Farms Wants To Feed The World Fresh-First Cannabis
Portfolio Pulse from Todd Harrison
Village Farms (NASDAQ:VFF) is a low-cost, high-quality cannabis producer that has been in the industry for over 30 years. The company is one of the top-selling tomato producers in North America and is also a major player in the cannabis industry. The company's CEO, Michael DeGiglio, has a vision of making Village Farms the world's largest supplier of cannabis. The company is also compared to Glass House Brands (OTC:GLASF), another greenhouse grower with industry-leading COGS. Both companies serve about the same-sized market and have a much larger TAM option.
October 05, 2023 | 7:21 pm
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POSITIVE IMPACT
Glass House Brands is compared to Village Farms as both are greenhouse growers with industry-leading COGS. Both companies serve about the same-sized market and have a much larger TAM option.
The comparison to Village Farms, a company with significant stock returns, suggests a positive short-term impact on Glass House Brands' stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Village Farms is a major player in the cannabis industry and aims to become the world's largest supplier of cannabis. The company's stock has seen 15-20X returns twice since 2017.
The company's ambitious plans to become the world's largest supplier of cannabis, along with its history of significant stock returns, suggest a positive short-term impact on its stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100