Published on 17 Feb 2024 on Benzinga
Village Farms International Sustains High Cannabis EBITDA Margins, Setting Stage For Growth, Market...
With the cannabis sector experiencing dynamic shifts, Village Farms International VFF emerges as a key player, poised for significant growth. Senior analyst Pablo Zuanic, from Zuanic & Associates, highlights pivotal catalysts propelling VFF forward in the ever-evolving cannabis market.
"From a stock perspective, we continue to believe the stock is attractively valued at 0.5x EV/current sales on the aggregate, and with the cannabis unit valued at 3.3x EBITDA our CY25 estimates," Zuanic wrote.