This cannabis stock has beaten Microsoft, Netflix, Apple, and Facebook

By Nina Zdinjak

Investors who have enriched their portfolios with a Canadian cannabis company Village Farms International, Inc. (NASDAQ: VFF) about five years ago are now enjoying their bulging wallets.

The vertically integrated greenhouse grower with a 30-year history as a pioneer in controlled environmental agriculture began producing and selling fresh produce until he saw the potential of the booming cannabis market.

Photo by rgbspace / Getty Images

For the past five years, Vancouver, British Columbia-based Village Farms stock has outperformed some of the world’s most popular stocks including Microsoft, Apple, Netflix, and Facebook.

International expansion, acquisitions

In November 2020, Village Farms acquired Pure Sunfarms, one of Canada’s largest producers and best-selling brands of cannabis, making it its wholly owned subsidiary. Pure Sunfarms has had positive EBITDA since it started selling in 2018.

That year, in order for the eventual US state legalization of marijuana, the company acquired the Colorado-based CBD platform Balanced Health Botanicals for $ 75 million. In addition to this cannabinoid platform with a top 5 CBD brand, Village Farms has 5.5 million square feet of high-tech CEA facilities in West Texas and has joint ventures with Village Fields Hemp USA, LLC and Arkansas Valley Green and Gold Hemp LLC.

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Village Farms also targets international markets. Recently it is acquired 80% of the shares in the Dutch company Leli Holland BV, one of 10 applicants selected by lottery to obtain a license to grow and sell cannabis to retailers who run the Dutch “coffee shops” when the Dutch government conducts her experiment to study closed cannabis supply chains.

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In addition, Village Farms recently completed its first shipment of medical cannabis to Australia and announced that Pure Sunfarms intends to begin shipping cannabis products to Europe in the first quarter of 2022.

This is how the returns are distributed from October 2016 to today:

• Facebook is from $ 131.29 per share to $ 328.69 for a. gone up Yield of 150.35%
• Microsoft increased from $ 59.87 per share to $ 308.13 per share Yield of 414.67%
• Apple increased from $ 28.43 per share to $ 148.64 per share a return of 422.83%
• Netflix rose from $ 126.57 per share to $ 671.66 a return of 430.66%
• Village farms increases from CA $ 1.30 per share to CA $ 9.76 for a return of 650.77%

This article originally appeared on Benzinga and was republished with permission.