M&A
confidence high
sentiment positive
materiality 0.65
Village Farms acquires remaining 15% of Leli Holland, completes Drachten facility
Village Farms International, Inc.
- Acquired remaining 15% equity interest in Leli Holland, increasing ownership to 100%.
- Leli is one of 10 licensed producers in the Dutch recreational cannabis program.
- Completed construction of indoor cultivation facility in Drachten; five flower rooms plus processing space.
- Cultivation expected to start in October pending inspections; first sales anticipated in Q1 2025.