NasdaqCM:VFFFood
Does Village Farms (VFF) Using More Low‑Cost Cannabis Debt Clarify Its Expansion Strategy?
Village Farms International, Inc. recently amended its Canadian cannabis credit facility, increasing loan commitments by C$15 million and extending maturities to February 2029, with an initial C$5 million drawn at variable rates currently below 6.0%.
This move adds low-cost, delayed-draw debt capacity that can support cannabis expansion and acquisitions while keeping existing facility terms intact.
Next, we will examine how this expanded, longer-dated cannabis credit facility may influence...