Village Farms International Posts Eight Consecutive Months of National Share Growth - Seite 2

_{¹ Based on estimated retail sales from HiFyre, other third parties and provincial boards.
² Calculated from sales information provided by the Ontario Cannabis Store (OCS) as of March 31, 2024.
³ Q1 2024 as compared to Q1 2023 based on estimated retail sales from HiFyre, other third parties and provincial boards.
⁴ Calculated from sales information provided by Alberta Gaming, Liquor and Cannabis (AGLC).
⁵ Based on estimated retail sales from WeedCrawler from January 1st, 2024 to March 31st, 2024.
⁶ Calculated from sales information provided by BC Liquor Distribution Branch (BCLDB).}

Village Farms has consistently retained the #1 position in the flower category nationally over the past three years.

As of May 2024, the company expects to expand its footprint in Atlantic Canada with products launching in Nova Scotia for the first time, which will mean that every Canadian will have access to Village Farms’ leading brands nationwide.

About Village Farms International

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, the Netherlands and selected markets internationally.

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. Village Farms ranks as the #2 producer nationally in Canada.

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.