Monday, April 8, 2019

CIBC Accumulating 30 days of VFF $56,329,449 NET INVESTED 19.87 AVG

House Positions for C:VFF from 20190311 to 20190408
HouseBought$ValAveSold$ValAveNet$Net
79 CIBC29,229,740579,707,91419.83326,339,476523,378,46519.872,890,264-56,329,449
87 Beacon152,9933,184,31820.81310,000203,99120.399142,993-2,980,327
91 Jones121,4002,619,21321.5755,00096,45219.29116,400-2,522,761
9 BMO Nesbitt3,719,87673,572,64419.7783,611,59270,867,50019.622108,284-2,705,144
7 TD Sec15,984,262316,965,63819.8315,887,714312,459,84919.66796,548-4,505,789
19 Desjardins834,69916,645,55419.942759,92915,069,79519.83174,770-1,575,759
5 Penson1,895,29737,418,47719.7431,830,92036,077,74719.70564,377-1,340,730
85 Scotia3,985,58678,323,07319.6523,935,51577,495,55319.69150,071-827,520
80 National Bank2,873,42356,133,46119.5352,827,09655,334,14619.57346,327-799,315
88 Credential840,52116,420,83519.536806,08215,625,31619.38434,439-795,519
124 Questrade2,863,83756,547,40219.7452,847,04956,177,62019.73216,788-369,782
70 Manulife16,300338,71720.781,90041,00021.57914,400-297,717
99 Jitney1,037,60020,079,54419.3521,028,00019,949,15619.4069,600-130,388
90 Barclays18,050367,92020.3839,800214,03221.848,250-153,888
72 Credit Suisse27,229553,44020.32519,121427,97022.3828,108-125,470
28 BBS134,3332,657,53119.783126,2602,471,53319.5758,073-185,998
143 Pershing192,5563,773,91219.599186,9623,655,40919.5525,594-118,503
59 PI5,16695,77118.53905,166-95,771
62 Haywood42,900850,49219.82539,450781,23319.8033,450-69,259
48 Laurentian7,299142,13319.4734,35489,11720.4682,945-53,016
15 UBS8,273175,69421.2377,680142,32818.532593-33,366
17 Integral50011,69523.390500-11,695
84 Ind Trading1,40025,57018.2641,00018,03018.03400-7,540
3 AltaCorp2505,05220.2082505,25021.000198
35 Friedberg1,38527,98720.2071,41428,66020.269-29673
83 Mackie1,40027,55219.682,30042,25118.37-90014,699
94 Hampton1,00022,40022.402,50046,37518.55-1,50023,975
76 Industrial Alliance4,91799,32420.206,670127,93819.181-1,75328,614
25 Odlum3306,77320.5244,53092,32920.382-4,20085,556
97 M Partners04,40090,40920.548-4,40090,409
68 Leede22,899466,25020.36129,249592,41020.254-6,350126,160
56 Edward Jones3,26062,59919.20212,352226,41618.33-9,092163,817
22 Fidelity4,67689,70719.18520,550387,74218.868-15,874298,035
57 Interactive108,5172,180,52420.094127,2212,546,19820.014-18,704365,674
36 Latimer83,4051,657,90119.878108,7312,165,76919.919-25,326507,868
18 Echelon47,900934,22119.50477,3991,566,32620.237-29,499632,105
222 JP Morgan035,000787,89322.511-35,000787,893
89 Raymond James27,150512,24418.86773,4351,470,07920.019-46,285957,835
14 ITG36,907640,37817.35192,1771,736,74118.841-55,2701,096,363
39 Merrill Lynch2,921,44857,776,64419.7773,005,76559,480,17419.789-84,3171,703,530
74 GMP44,450907,27420.411143,1502,817,56119.683-98,7001,910,287
33 Canaccord296,9056,099,65020.544471,1999,366,88519.879-174,2943,267,235
65 Goldman102,3061,983,79519.391368,8606,892,99718.687-266,5544,909,202
53 Morgan Stanley1,096,63621,247,04819.3751,479,55429,588,44919.998-382,9188,341,401
2 RBC7,340,535145,059,55619.7617,762,904153,715,54519.801-422,3698,655,989
13 Instinet4,401,83287,175,41119.8044,884,76997,329,40519.925-482,93710,153,994
1 Anonymous.21,459,655425,407,83919.82423,001,724457,321,03319.882-1,542,06931,913,194
TOTAL102,001,0032,019,001,07719.794102,001,0032,019,001,07719.79400

Village Farms International's Pure Sunfarms Doubles Targeted Annual Production to 150,000 Kilograms by Exercising its Option on Village Farms-Owned 1.1 Million Square Foot Delta 2 Greenhouse Facility

VANCOUVER, Apr 1, 2019 (Canada NewsWire via COMTEX) -- Village Farms International, Inc. ("Village Farms" or the "Company") (VFF) VFF, -6.33% today announced that its 50%-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has exercised its option on the existing 1.1 million square foot Delta 2 greenhouse facility currently owned by Village Farms in Delta, British Columbia. The Delta 2 facility is a newer, nearly identical "sister" facility immediately adjacent to the 1.1 million square foot Delta 3 greenhouse facility, which is already one of the largest cannabis production operations in the world.
The addition of the Delta 2 greenhouse operation doubles Pure Sunfarms' total production area to 2.2 million square feet and, with conservatively targeted annual production of approximately 75,000 kilograms of dried cannabis, doubles its annual cannabis production potential to approximately 150,000 kilograms. Pure Sunfarms also expects to benefit from further economies of scale resulting from the concentration of 2.2 million square feet of production area at a single location, which will further support the Company's goal to be the high-quality, low-cost cannabis producer in Canada. The existing automated propagation operation (nursery) in the Delta 3 facility will provide propagation for the Delta 2 facility, enabling more of the footprint of the Delta 2 facility to be devoted to flower rooms than in Delta 3, which is expected to generate further cost efficiencies.
"With an ongoing shortage of supply from Canadian cannabis producers, Village Farms is thrilled that Pure Sunfarms' has made the decision to more than double its production capacity with the addition of Delta 2 - just three weeks after the option became exercisable," said Michael DeGiglio, Chief Executive Officer, Village Farms and Co-Chair, Pure Sunfarms.
"Pure Sunfarms is setting itself apart amongst the top echelon of Canadian licensed producers, achieving its conversion and production ramp up milestones, meeting or exceeding expectations on quality, yield and cost, and delivering profitability in its first full quarter of operations. The unmitigated success of the conversion, licensing and production ramp up of the Delta 3 facility, alongside the outstanding performance of Pure Sunfarms' management and operational teams, gives us great confidence in their ability to execute on the Delta 2 facility. Delta 2 will also benefit from the continued support of Village Farms, with its decades of large-scale, low-cost operational experience and greenhouse design and systems acumen, as well as the significant learnings gained through the conversion and ramp up of the Delta 3 facility."
Mr. DeGiglio added, "Exceptional growing operations are the foundation of great agricultural brands. Pure Sunfarms is already one of the largest and most capable producers in the Canadian cannabis industry and more than doubling its production capacity will further leverage this crucial competitive advantage as it establishes itself as a premier vertically integrated supplier. I look forward to reporting on the continued progress at Pure Sunfarms, and the significant contribution of that progress to Village Farms' financial results and value for our shareholders."
Pure Sunfarms will immediately begin design and procurement for the conversion of the Delta 2 facility for cannabis production. As with the Delta 3 facility, Pure Sunfarms plans a phased conversion to expedite time to production and revenue generation. Conversion of the external infrastructure, including that for the electrical distribution system, is expected to commence in Summer 2019. Village Farms, on behalf of Pure Sunfarms, has already secured 24 MW of power from the local utility to support supplemental lighting and post-harvest equipment at the Delta 2 facility. As with the Delta 3 facility, personnel from the existing Village Farms growing and maintenance teams and skilled labour force will be transitioned to Pure Sunfarms. Pure Sunfarms is targeting to complete its first harvest at the Delta 2 facility by mid-2020 and achieve full run-rate production in the fourth quarter of 2020. All targeted production timelines are subject to the timing and receipt of requisite Health Canada licenses. Pure Sunfarms plans to begin the process of applying for a cultivation license for the Delta 2 facility as soon as possible, which it will pursue as a "second-site" license application.
In accordance with the terms of the joint venture agreement with Emerald Health Therapeutics ("Emerald") for Pure Sunfarms, Village Farms' is contributing the Delta 2 facility to the joint venture and Emerald will contribute an aggregate of CAD$25 million in cash. Emerald's cash contribution will fund a portion of the conversion of the Delta 2 facility to cannabis production, which is estimated to cost approximately CAD$60 million, consistent with the cost of conversion of the Delta 3 facility. The remainder of the conversion costs will be funded entirely by Pure Sunfarms.
Pure Sunfarms continues to have an option on the 2.6 million square foot Delta 1 greenhouse facility, one of the single largest greenhouse footprints in North America, which is immediately adjacent to the Delta 2 and Delta 3 facilities, and which continues to be owned and operated by Village Farms. The Delta 1 option expires on September 28, 2021. Should Pure Sunfarms fail to exercise the Delta 1 option, the terms if the joint venture agreement permit Village Farms to convert and operate the Delta 1 facility for the production of any agricultural crop.
Mr. DeGiglio commented, "As Pure Sunfarms progresses with the conversion of the Delta 2 facility, it will evaluate the opportunity around the Delta 1 option. If the Delta 1 option is exercised, Pure Sunfarms would have a total of 4.8 million square feet of production area, which is conservatively estimated to yield a total of 330,000 kilograms of cannabis production annually, providing the potential to address a considerable portion of the entire Canadian market, while providing even greater cost efficiencies."
Village Farms also announced that Pure Sunfarms has entered into a subsequent supply agreement with Emerald, which will commence upon the expiry of the current supply agreement at the end of 2019. Under the new supply agreement, Emerald will purchase up to 25% of Pure Sunfarms' production in 2020, 2021 and 2022 at prevailing wholesale market prices.

Village Farms International, Inc. VFF.to

Village Farms International, Inc. VFF, -5.94% (VFF) is one of the largest and longest-operating vertically integrated greenhouse growers in North America and the only publicly traded greenhouse produce company in Canada. Village Farms International, Inc. recently announced that it has entered into an agreement with Nature Crisp LLC to form a joint venture for the outdoor cultivation of high-cannabidiol (CBD) hemp and CBD extraction in multiple states throughout the United States. 

The joint venture, Village Fields Hemp, will be 65% owned by Village Farms and 35% owned by Nature Crisp. Nature Crisp is a private, Georgia based farming operation and part of the Jennings agricultural group of companies, which grows a diverse range of food and other crops, including hemp, on more than 6,000 acres in the U.S. and Canada. 

"Jennings Group is a pioneer in hemp cultivation and this joint venture establishes a new powerhouse in hemp cultivation that significantly advances Village Farms' vertically integrated CBD strategy," said Michael DeGiglio, Chief Executive Officer, Village Farms. "

As 10 the generation farmers since Gideon (Zanini) Jennings immigrated to South Carolina in 1736, Jennings Group brings deep knowledge in large-scale field agriculture across a vast array of crops, with a proven track record of genetic optimization and innovation. 

Over the past several years, they have rapidly become a leading authority on hemp cultivation, renowned for their understanding of the plant and their success applying their cultural and genetic expertise to meaningfully improve CBD content and yield.

 Moreover, the Jennings Group team brings extensive relationships with the farming community across the U.S., as well as with geneticists, academics and researchers, that will be invaluable to the success of this new business."

https://www.marketwatch.com/press-release/cbd-products-continue-to-gain-traction-in-markets-around-the-globe-2019-04-08-920200?mod=mw_quote_news

Tuesday, April 2, 2019

Is Cron a Buy Or A Sell?


The Healthcare stock (Cronos Group Inc.) showed a change of 0.05 percent from opening and finally turned off its business at $18.61 by scoring 0.98 percent (Gain, ↑) on 01-04-2019 (Monday)Cronos Group Inc., belongs to Healthcare sector and Biotechnology industry.
Historical Performance Review:
To realize the smear picture speculators will ought to to look rather more profound.  The Cronos Group Inc. has seemed a 5.0 days execution of -9.35% and thirty days execution remains at -14.28%. The stock has seemed a ninety days performance of 78.6% and a six months act remains at 70.11%.
Market Capitalization/Outstanding Shares/Intraday Volume:
The company’s Market capitalization is $3.33B with the total Outstanding Shares of 178.71M. Market capitalization refers to the entire dollar market cost of a company’s outstanding shares. Referred to as “market cap,” it is determined by doubling a company’s shares outstanding by the current market price of one share. Outstanding shares refer to a company’s stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
The Cronos Group Inc. exchanged hands with 5288984 shares compared to its average daily volume of 16.32M shares.
Institutional Ownership/ Insider Ownership:
Cronos Group Inc. institutional ownership is held at 9.25% while insider ownership was 48.4%.
P/S, P/E, P/C and P/B/ SMA50, SMA 200:
The price-to-sales is a valuation ratio that relates a company’s stock price to its revenues. The price-to-sales ratio is a symbol of the value placed on each dollar of a company’s sales or taxes. As of now, CRONhas a P/S, P/E and P/B values of 0, 0 and 19.93 respectively.
Its P/Cash valued at 0. The price-to-cash-flow ratio is a stock valuation indicator that measures the value of a stock’s price to its cash flow per share
The stock has observed its SMA50 which is now -7.46%. In looking the SMA 200, we see that the stock has seen an 56.63%.The Company’s net profit margin for the 12-months at 0%. Comparatively, the company has a Gross margin 0%.
Earnings per Share Details of Cronos Group Inc.:
The EPS of CRON is strolling at -0.03, assessing its EPS improvement this year at 0%. In this manner, the company has Earnings per Share (EPS) growth of 0% for the coming year. Given the importance of identifying companies that will ensure earnings per share at a high rate, we later obsession to umpire how to determine which companies will achieve high amassing standards.
Target Price/Analysts Mean Suggestion:
Mostly, a price target is an individual analyst’s craving on the future price of a security, generally a stock. There may be many price targets for only protection. Analyst’s mean target cost for the company is $0 while specialists mean proposal is 0.
Beta/Volatility:
A beta factor is used to gauge the unpredictability of the stock. A Beta component of the stock stands at 0. Beta element is utilized to gauge the unpredictability of the stock.  The stock remained 8.16% flighty for the week and 6.8% for the month.
While Shares of Costco Wholesale Corporation (NASDAQ: COST) constructed a change of 0.85% (Gain, ↑)  and closed at $244.19. Cronos Group Inc. is an exciting player in the Services space, with a center of attention on Discount, Variety Stores.
Notable Indicators to Watch:
Traders seeking a better understanding of the stock can look at the underlying technical data. The company has 438.21M shares outstanding with 0.4% insider ownership. Volatility is just a measure of the predictable daily price range—the range in which a day trader operates. More evaporation means more significant profit or loss. After a recent check, (NASDAQ: COST) stock is found to be 0.9% volatile for the week, while 1.32% volatility recorded for the month with ATR of 3.06.
What do we know by simple moving average(SMA)?
simple moving average is an indicator that calculates the average price of a security over a specified number of periods. If security is exceptionally volatile, then a moving average will assist to smooth the data. A moving average filters out random noise and offers a smoother perspective of the price action. The stock is trading away to its 50-day and 200-day moving averages by 10.45% and 10.21%, respectively. The price target set for the stock is $240.78, and this sets up an impressive set of potential movement for the stock.
Why is EPS essential to watch?
The current EPS for the company has recorded at $7.58. To calculate EPS, you take the profits left over for shareholders and divide by the number of shares outstanding. As a result, the company has an (Earning per Share) EPS growth of 6.87% for the coming year. Company’s EPS for the prior five-years is valued at 0%, leading it to an EPS value of 10.82% for the next five years.
Execution Review:
Taking an investigate the execution of COST stock, a financial specialist will come to realize that the week by week execution for this stock is esteemed at 3.05%, bringing about a performance for the month at 2.3%. The year-to-date (YTD) execution mirrored at 19.87 percent. Throughout the prior 3-months, the stock performs 20.86 percent, turning over six-month performance to 4.35 percent.
Understanding PE gives the shareholders an idea if the stock has sufficient growth potential. Stocks with low PE can be considered good bargains as their growth potential is still unknown to the market. As COST has a P/S, P/E and P/B estimations of 0.73, 32.22 and 7.76 separately.