Village Farms International Expands Cannabis Production with 550,000 sq. ft. Greenhouse Conversion in British Columbia

Reuters
08/04
Village Farms International Expands Cannabis Production with 550,000 sq. ft. Greenhouse Conversion in British Columbia

Village Farms International Inc. has announced plans to expand its cannabis cultivation capacity by converting an additional 550,000 square feet of its Delta 2 greenhouse in Delta, British Columbia to cannabis production. This expansion will increase the company's operational cannabis production space to 2.2 million square feet, marking a 33% increase in production capacity. Upon completion, the expansion is expected to add 40 metric tonnes of annual production, with the first phase of planting set for spring 2026. The project, which requires approximately CAD $10 million in capital expenditures, is slated for completion by the first quarter of 2027 and will be funded using existing cash reserves. This move positions Village Farms as one of the largest cannabis producers globally, supporting continued growth in Canadian and international markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Village Farms International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9505289-en) on August 04, 2025, and is solely responsible for the information contained therein.

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