Village Farms applauds DOJ proposal to reschedule marijuana to Schedule III; evaluating US market entry

Village Farms International, Inc.

DOJ proposes rescheduling medical marijuana from Schedule I to Schedule III; 60-day public comment period begins.
CEO Michael DeGiglio says Village Farms is evaluating multiple strategies to enter the legal US marijuana market.
Company plans to leverage its Canadian greenhouse cannabis operations and scale to capitalize on US opportunity.
No specific financial impact or timeline disclosed; rescheduling proposal is not yet final.

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