Hemp, Hope And Hard Truths: A New Era Of Realism At Benzinga's Chicago Summit
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Industry Insights: The Benzinga Cannabis Capital Conference in Chicago highlighted a more mature cannabis industry, with attendees discussing the challenges of capital scarcity and the need for strategic partnerships amidst ongoing federal reform hopes.
Market Dynamics: Analysts noted a bifurcation in the market due to unregulated hemp products, while operators focus on survival and cash flow. International expansion remains promising, particularly in Germany, but U.S. companies are cautious about entering new markets.
Analyst Views on VFF
Wall Street analysts forecast VFF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VFF is 5.00 USD with a low forecast of 5.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.390
Low
5.00
Averages
5.00
High
5.00
Current: 3.390
Low
5.00
Averages
5.00
High
5.00
About VFF
Village Farms International, Inc. is a vertically integrated supplier of plant-based consumer packaged goods in the cannabis and cannabidiol (CBD) categories in North America, the Netherlands, and selected markets internationally. Its segments include Produce, Cannabis-Canada, Cannabis-U.S., Clean Energy and Cannabis - Netherlands. Produce segment produces, markets and sells tomatoes, bell peppers and cucumbers. Cannabis-Canada produces and supplies cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. Cannabis-U.S. develops and sells CBD-based health and wellness products, including ingestible, edible and topical applications, across the United States. Clean Energy receives a royalty representing a portion of the natural gas that is sold to one customer pursuant to its long-term contract. Cannabis - Netherlands segment produces and supplies cannabis products in the Netherlands, supplying designated coffee shops.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
