Village Farms to convert 550k sq ft Delta 2 greenhouse to cannabis, adding 40 tonnes/yr

Village Farms International, Inc.

Delta 2 conversion of 550,000 sq ft to cannabis production; adds 40 metric tonnes annual capacity.
First planting spring 2026; fully ramped by Q1 2027; conversion begins Nov 2025.
CAD $10 million capex funded from existing cash; majority spent in 2026.
Total operational cannabis sq ft reaches 2.2 million, a 33% increase.
Company holds additional 2.6 million sq ft at Delta 1 for future scaling.

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