Business
Village Farms International Announces Rose LifeScience Will Add HEXO’s Québec Portfolio for Commercialization and Distribution Services
VANCOUVER, British Columbia, May 02, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today
About this update from Village Farms International, Inc.
[{"type":"text","content":"VANCOUVER, British Columbia, May 02, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced Rose LifeScience Inc. (“ROSE”), a Québec-based cannabis producer, distributor, and marketer, will add HEXO Corp.’s (“HEXO”) Québec portfolio to ROSE’s industry leading commercialization and distribution services business. ROSE’s commercialization and distribution expertise will help position HEXO’s Québec portfolio for further expansion in the province, complementing ROSE’s relationship with Tilray, a long-standing ROSE commercialization and distribution partner. “This exclusive partnership further demonstrates ROSE’s status as a trusted Québec company serving the Québec consumer,” said Davide Zaffino, President and CEO, ROSE LifeScience Inc. “ROSE’s commercialization and distribution services business has seen great success since its inception in 2019, enabling carefully selected partners to grow their presence and portfolio in Québec. We welcome HEXO to our portfolio of partnerships.” About Rose LifeScience Inc. Rose LifeScience is committed to ensuring that consumers benefit from the responsible production, sale, and consumption of cannabis in Québec and across Canada. From cannabis cultivation to marketing, commercialization, and logistics, the Huntingdon, QC company plays a key role in the Québec market. In addition to its own products and expertise, ROSE provides specialized industry services to selected producers to encourage a diversified offering in the Québec and Canadian markets. Rose LifeScience is a majority-owned subsidiary of Village Farms International (Nasdaq: VFF) with the balance owned and operated by its Québec-based founders. For more information, visit roselifescience.ca. About Village Farms International, Inc. 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 and selected markets internationally. In Canada, the Company's wholly-owned Canadian subsidiary, Pure Sunfarms, is on...