Village Farms acquires full ownership of Leli Holland

Village Farms acquires full ownership of Leli Holland
Photo by CRYSTALWEED cannabis on Unsplash

The company's looking to dig deeper into Europe via the Dutch cannabis producer.

Village Farms International, Inc. (NASDAQ: VFF) said Tuesday it has acquired full ownership of Leli Holland, B.V., one of 10 licensed cannabis producers in the Netherlands’ new regulated program.

The company upped its stake to 100% from 85%, nailing down its position in what CEO Michael DeGiglio called “one of the most attractive limited-license cannabis market opportunities across the entire globe.”

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