Wednesday, April 10, 2019

Village Farms Ready To Start To Run Again- CIBC Accumulates $58 Million in 30 Days


VFF Is The Bottom in?



House Positions for C:VFF from 20190410 to 20190410
HouseBought$ValAveSold$ValAveNet$Net
79 CIBC1,000,62718,105,37318.094700,76312,711,90318.14299,864-5,393,470
7 TD Sec532,9349,653,34518.114443,6108,015,67318.06989,324-1,637,672
85 Scotia179,5593,256,15018.134126,1292,285,97218.12453,430-970,178
87 Beacon51,000922,10818.081051,000-922,108
2 RBC232,0634,201,19018.104197,0173,566,91518.10535,046-634,275
124 Questrade105,2451,909,18518.1470,7731,281,20918.10334,472-627,976
80 National Bank103,1251,874,89718.18168,7351,250,14718.18834,390-624,750
88 Credential38,983709,30718.19526,512480,19218.11212,471-229,115
13 Instinet98,5001,780,29218.07488,6251,604,49118.1049,875-175,801
19 Desjardins14,775268,51018.1737,010126,55418.0537,765-141,956
5 Penson74,8051,352,39518.07967,7061,228,14818.1397,099-124,247
65 Goldman4,50081,74118.1651,61229,22118.1272,888-52,520
143 Pershing3,52464,55218.3181,76732,11718.1761,757-32,435
94 Hampton1,00018,13018.1301,000-18,130
99 Jitney43,500786,55518.08242,700772,59818.094800-13,957
33 Canaccord5008,99517.990500-8,995
68 Leede1,00018,11618.1161,00018,01518.0150-101
62 Haywood5008,92017.845008,98017.96060
89 Raymond James1001,79217.922504,52218.088-1502,730
57 Interactive4,70085,54218.205,00089,83517.967-3004,293
36 Latimer2,44544,15618.063,47962,90618.082-1,03418,750
9 BMO Nesbitt81,0161,464,91618.08285,2691,537,52718.031-4,25372,611
28 BBS65511,80318.025,35098,42818.398-4,69586,625
39 Merrill Lynch75,0601,358,13318.09482,4351,489,99518.075-7,375131,862
53 Morgan Stanley4,30077,44918.01122,394404,16718.048-18,094326,718
8 Eight020,000361,98818.099-20,000361,988
72 Credit Suisse36,535657,65018.00164,7001,164,47217.998-28,165506,822
1 Anonymous683,13612,358,11018.091,240,75122,453,33718.097-557,61510,095,227
TOTAL3,374,08761,079,31218.1023,374,08761,079,31218.10200

Tuesday, April 9, 2019

Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International To $60.00





Globe says Village Farms International kept at "buy"

2019-04-03 08:16 ET - In the News
The Globe and Mail reports in its Wednesday edition that Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International ($20.04) in the wake of Monday's announcement that its 50-per-cent-owned joint venture, Pure Sun Farms, has exercised its option on the existing 1.1-million-square-foot Delta 2 greenhouse facility in Delta, B.C. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cooper says in a note: "This will double the size of PSF's footprint ... to 2.2 million square feet. We believe this catapults PSF to top-3 status in terms of scale of all of the Canadian LP's in terms of domestic capacity. As a reminder, PSF also has an option on D1 (2.4 million SF), which is available until Sept. 28, 2021. If that is optioned, we believe PSF will be the largest Canadian LP and could ultimately have 30-40-per-cent market share in Canada." With an unchanged "buy" rating, Mr. Cooper hiked his share target to $60 from $32. Analysts on average target the shares at $41.25. Mr. Cooper adds, "In terms of total production, our recent site visit confirmed that PSF is currently on a 50-55,000 kilogram run-rate (making it one of, if not the largest Canadian producer."

© 2019 Canjex Publishing Ltd. All rights reserved.

VFF Ready To Run Up Again

Emerald Health exercises an option to almost double production

Last week, British Columbia-based Emerald Health Therapeutics (NASDAQOTH:EMHTF)announced that it would be exercising one of its lease options regarding its Pure Sunfarms joint venture with Village Farms International (NASDAQ:VFF). In doing so, it nearly doubled its peak production potential.
Back in 2017, Emerald Health and Village Farms created the 50-50 Pure Sunfarms joint venture with the idea of retrofitting Village Farms' existing vegetable-growing greenhouses to cannabis production. The initial outlay involved 1.1 million square feet of vegetable-growing space that, when complete, would house 1.03 million square feet of cultivation area and yield at least 75,000 kilos per year. Thus far, approximately 825,000 square feet of cultivation space has been licensed by Health Canada at the Delta 3 facility, with the remainder expected to be licensed very soon.
However, the joint venture featured an option for Emerald Health to acquire up to 3.7 million square feet of additional growing space from Village Farms to be used for cannabis production. On Monday, April 1, Emerald Health exercised its option for a second 1.1-million-square-foot facility (to be known as Delta 2), and announced its intent to purchase 25% of the aggregate production from Delta 2 and Delta 3 in 2020, 2021, and 2022. Emerald Health is expected to commit roughly 25 million Canadian dollars to help construct Delta 2, with positive operating cash flow from the joint venture funding the remaining CA$35 million (the Delta 3 facility cost CA$60 million).
It's worth noting that the Delta 3 greenhouse was built with an automated nursery -- and since it's adjacent to the Delta 2 facility, this nursery will allow the Delta 2 facility to utilize more space for cultivation than Delta 3.
More importantly, it doubles the peak annual output of Pure Sunfarms to at least 150,000 kilos. Inclusive of the company's Verdelite facility in Quebec, this move nearly doubles Emerald Health's capacity from 47,000 kilos to 84,500 kilos. Of course, with the company's Metro Vancouver space and the potential for acquiring up to 2.6 million square feet in additional grow space from Village Farms, peak yearly output should exceed 100,000 kilos.

https://www.fool.com/investing/2019/04/08/this-marijuana-stock-nearly-doubled-its-peak-produ.aspx

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

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