• 🌎 Worldwide
    • 🇺🇸 U.S.
    • 🇨🇦 Canada
    • 🇬🇧 United Kingdom
    • 🌏 Asia
    • 🌍 Europe
    • 🌎 Latin America
    • 🌏 Oceania and Australasia
The Daily Marijuana Observer
SUBSCRIBE
  • Home
  • Latest
  • Business
  • Investments
  • Law
  • People
  • Health
  • Databases
No Result
View All Result
The Daily Marijuana Observer
  • Home
  • Latest
  • Business
  • Investments
  • Law
  • People
  • Health
  • Databases
No Result
View All Result
The Daily Marijuana Observer
No Result
View All Result
Home PRO

PRO: GMP Securities Initiates Coverage on Village Farms with Buy Rating

Steven Lachard by Steven Lachard
October 15, 2018
in Analyst Action, Investments, Marijuana Stocks, PRO, Trading
ShareShare

GMP Securities‘ Managing Director of Equity Research, Special Situations and Healthcare, Martin Landry initiated coverage on shares of Village Farms International Inc. (TSX:VFF) (OTC:VFFIF) (FRA:02V) alongside a ‘Buy’ rating.

Village Farms is one of the largest producers of premium quality greenhouse tomatoes, bell peppers, and cucumbers in North America, as well as 50% owner of Canadian L.P. Pure Sunfarms.

Pure Sunfarms recently received its fourth amendment to the cultivation license for its Delta 3 greenhouse permitting an expansion of its cannabis production area to 550,000 square feet. That is only half of the 1.1 million square foot Delta 3 production facility’s existing footprint.

Cannabis is the Catalyst

With Canadian recreational legalization just days away, Landry sees an upcoming catalyst for investors. “With cannabis having the potential to be at least 5x more profitable than produce, the growth of Pure Sunfarms is expected to be the catalyst that drives Village Farms’ share price higher,” the analsyt said.

With a price target of $9.50 CAD per share of VFF on the TSX, Landry’s price target represents approximately 26.8% of expected upside. While some analyst opinions are always wrong, Martin Landry is actually ranked 10th overall for accuracy and returns out of 4,887 Wall Street analysts tracked on TipRanks.

Conclusion

We’ll continue to monitor analyst activity and in the meantime, be sure to subscribe to Canadian Licensed Producer Updates here and Cannabis Stock Updates here so you never miss an important update. For updates on Village Farms specifically, be sure to subscribe to Village Farms International Updates here.

Share this:

  • Click to email this to a friend (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pocket (Opens in new window)
Tags: Emerald Health Therapeutics Inc.licensed producerOTC:EMHTFOTC:VFFIFPure SunfarmsTSX:VFFTSXV:EMHVillage Farms International Inc.

Get Real-Time Updates from MJobserver.com

Unsubscribe
Previous Post

Canadian Walmarts May Start Selling Cannabis Products

Next Post

The Green Organic Dutchman Receives Medical Sales License from Health Canada

Related Posts

Bank of America Merrill Lynch Marijuana Stock Research Coverage
Investments

Bank of America Increases its SNDL Holdings

September 16, 2021
Bank of America Cannabis Stocks Investments
Investments

Bank of America Trims its Stake in Canopy Growth Corp.

September 16, 2021
Divvy Cannabis Prerolls Aleafia Stock News
Products

Aleafia Health Launches Everyday Cannabis Brand Divvy

April 7, 2021
German Cannabis Investing News
Press Releases

MediPharm Labs Achieves Export Milestone, Ships Cannabis Oil from Australia to Germany

April 6, 2021
Amended: Naturally Splendid Closes Private Placement and Secures Laboratory Facility
Investments

MediPharm Labs Reports Fourth Quarter and Full Year 2020 Results

March 31, 2021
INDIVA Ltd. (TSXV: NDVA) (OTC: NDVAF) Cannabis Stock News
Ontario

Indiva Reports Record Market Share for January 2021

February 9, 2021
Load More
Next Post
Zenabis Receives License in Nova Scotia for Third Cannabis Facility

The Green Organic Dutchman Receives Medical Sales License from Health Canada

Leave a Comment! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

🚨 Subscribe to Stock Alerts

Get Live Updates on Breaking News

Subscribe Now

✉️ Subscribe to Our Newsletter!

* indicates required

🔎 Search Marijuana Stocks

📰 Recent News

  • J. Arnold Wealth Management Discloses New Stake in Cannabis ETF
  • Bank of America Increases its SNDL Holdings
  • The Lift & Co. Expo is back helping Canada build responsible, prosperous cannabis and psychedelics businesses
  • Bank of America Trims its Stake in Canopy Growth Corp.
  • Ballard Spahr Launches Cannabis Legislation Tracker to ID Industry Trends and Opportunities
Facebook Twitter Instagram LinkedIn Youtube

Cannabis News by Region

  • 🇺🇸 United States
  • 🇨🇦 Canada
  • 🇬🇧 United Kingdom
  • 🌏 Asia
  • 🌍 Europe
  • 🌎 Latin America
  • 🌏 Oceania and Australasia

Cannabis Tools & Resources

  • 📅 Calendar
  • 📊 Databases
  • 📇 Directories
  • 🔔 RSS Feeds
  • 📺 Videos

Find Cannabis Business Services

  • ⚖️ Attorneys & Law Firms
  • 📊 Accountants & Accounting Firms
  • 💡 Consultants & Consulting Firms
  • 📲 Marketing Agencies & Firms

The Daily Marijuana Observer

  • Subscribe
  • About MJobserver.com
  • Affiliate Marketing Disclosure
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Advertise with Us

  • 👀 Advertise
  • 📣 DMO Newswire
  • 📇 List in Our Databases

© 2018 - 2021 D.M.O. Holdings Corp.
DISCLAIMER: DMO Holdings Corp., which owns The Daily Marijuana Observer™ (MJobserver.com), is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. DMO Holdings Corp., which owns MJobserver.com, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. DMO Holdings Corp. or its affiliates, which owns MJobserver.com, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two.

No Result
View All Result
  • Home
  • Latest
  • 🔒 PRO
    • 🔒 A.M. Watchlist
    • 🔒 Analyst Action
  • 💼 Business
  • 📈 Investments
    • 📈 Stocks
    • 💰 ETFs and Funds
    • 💭 Market Commentary
    • 📰 Press Releases
    • 📅 Earnings Calendar
  • ⚖️ Law
    • Laws
    • Politics
    • Intellectual Property
    • Attorneys & Law Firms Database
  • 👥 People
    • ⚽ Athletes
    • 💼 Executives
    • 🌟 Celebrities
    • 🛒 Consumers
    • ⚕️ Doctors
    • 💊 Patients
  • 💊 Health
  • 📇 Databases
    • 📈 Stock Databases
    • 💰 Fund Databases
    • 💼 Service Providers Databases
    • 🏦 Marijuana Stock Brokers
    • 💲 Marijuana Cryptocurrencies

© 2018 - 2021 D.M.O. Holdings Corp.
DISCLAIMER: DMO Holdings Corp., which owns The Daily Marijuana Observer™ (MJobserver.com), is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. DMO Holdings Corp., which owns MJobserver.com, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. DMO Holdings Corp. or its affiliates, which owns MJobserver.com, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.