8 Best Vertical Farming and Hydroponic Stocks to Invest In

2) Village Farms International, Inc. (NASDAQ:VFF)

Number of Hedge Fund Holders: 6

Village Farms International, Inc. (NASDAQ:VFF) is a large-scale, controlled environment agriculture-based, vertically integrated supplier of high-value, high-growth plant-based consumer packaged goods. The company’s principal operating subsidiaries are Village Farms Canada Limited Partnership, and Village Farms, L.P., together known as Village Farms Fresh or VF Fresh. Village Farms Fresh’s wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to customers across Canada and internationally. Notably, the link between cannabis products and vertical farming is in the efficiency, sustainability, and quality control provided by vertical systems.

Village Farms International, Inc. (NASDAQ:VFF) uses hydroponic and vertical farming methods to grow cannabis efficiently. This results in high yields per square foot. Furthermore, with large-scale greenhouses already operational, the company can scale cannabis production without requiring significant new capital investments. As per Wall Street analysts, Village Farms International, Inc. (NASDAQ:VFF)’s growth is expected to be aided by continued momentum in the Canadian cannabis market.

Pure Sunfarms brand is one of the most renowned brands in the Canadian market, which is popular for its high-quality and cost-efficient production. As legalization expands to include additional product categories, Village Farms International, Inc. (NASDAQ:VFF) is well-placed to capitalize on these new opportunities. The strong performance in the company’s Fresh Produce business, continued growth in Canadian Cannabis, and a doubling of International Medicinal Cannabis Sales resulted in 20% YoY growth in consolidated sales, with both positive adjusted EBITDA and cash flow from operations during Q3 2024. The company’s consolidated sales came in at $83.4 million in Q3 2024.