Despite a 23% decrease in stock price over the past month, Village Farms International (NASDAQ: VFF) showcases a robust financial outlook with compelling growth in sales and improvements in gross margins and SG&A efficiencies.
Slightly over a year following Gov. Dan McKee's decision to appoint three experts to the Cannabis Control Commission with a task to regulate, license and control the medical and recreational cannabis markets in Rhode Island, the agency is about to get a leader.
One of Oklahoma's top cannabis regulators Michelle Reddish is nominated by Gov. McKee to become Rhode Island's first cannabis administrator, reported Oklahoma Voice.In the meantime, nearly a dozen either cannabis companies or businesses related to the plant saw board changes recently.
In a recent report, Pablo Zuanic of Zuanic & Associates analyzed trends in Canada's recreational cannabis market through May 2024.
The report highlights a deceleration in market growth and notable shifts in sales dynamics among leading licensed producers (LPs).
Four lesser-valued cannabis stocks showed positive performance on Monday, defying the broader sector's downtrend. These stocks—Medical Marijuana Inc., TILT Holdings, Trees Corp., and Village Farms International —present potential investment opportunities.