Village Farms International Reports that Delta, BC Cannabis and Produce Operations Continue as Usual Following Severe Weather Conditions

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VANCOUVER, BC, Nov. 19, 2021 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today reported that the Delta, British Columbia operations of both Pure Sunfarms (cannabis) and Village Farms Fresh (produce) have not incurred any disruption from the severe weather recently experienced in the region and, to date, continue to operate as usual. A previous "State of Emergency" declared for the Delta area has since been cancelled. 

The Company continues to monitor weather conditions and has taken precautions to ensure that its greenhouse facilities in Delta, British Columbia can operate without interruption. Although weather related road closures are posing some challenges to their suppliers and transportation partners, both Pure Sunfarms and Village Farms Fresh have, and will continue to, proactively put in place contingency plans to address the evolving situation and, at this time, neither expects the weather-related impacts to have a material, if any, impact on fourth quarter revenue.

About Village Farms International, Inc.

Village Farms leverages decades of experience as a large-scale, Controlled Environment Agriculture-based, vertically integrated supplier for high-value, high-growth plant-based Consumer Packaged Goods opportunities, with a strong foundation as a leading fresh produce supplier to grocery and large-format retailers throughout the US and Canada, and new high-growth opportunities in the cannabis and CBD categories in North America and selected markets internationally.

In Canada, the Company's wholly-owned Canadian subsidiary, Pure Sunfarms, is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer and one of Canada's best-selling brands. The Company also owns 70% of Québec-based, ROSE LifeScience, a leading third-party cannabis products commercialization expert in the Province of Québec.

In the US, wholly-owned Balanced Health Botanicals is one of the leading CBD brands and e-commerce platforms in the country.  Subject to compliance with all applicable US federal and state laws and stock exchange rules, Village Farms plans to enter the US high-THC cannabis market via multiple strategies, leveraging one of the largest greenhouse operations in the country (more than 5.5 million square feet in West Texas), as well as the operational and product expertise gained through Pure Sunfarms' cannabis success in Canada.

Internationally, Village Farms is targeting selected, nascent, legal cannabis and CBD opportunities with significant medium- and long-term potential, with an initial focus on the Asia-Pacific region and Europe.

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