MJ Biz: Cannabis operator Village Farms gets extension to regain Nasdaq compliance

Village Farms International, which owns Canadian cannabis producer Pure Sunfarms, was granted a six-month extension by the Nasdaq stock exchange to regain compliance after its stock price fell below the exchange’s minimum-bid rule.

Village Farms was warned last April that its shares weren’t meeting the exchange’s listing standards.

The Nasdaq requires issuers to maintain a minimum bid price of at least $1 per share.

According to a news release, Village Farms now has until April 15, 2024, to regain compliance with the minimum-bid requirement, meaning the bid price for the company’s shares must close at or above $1 for a minimum of 10 consecutive trading days.

During the extension period, the common shares of Village Farms will continue to trade on the Nasdaq.



Are you looking for an online shop where you can always find high-quality THC gummies and other hemp products? We invite you to browse the...

 CBD / Featured

Autoflowering Cannabis Seeds is dedicated to selling the highest quality cannabis seeds with the best genetics. Our site focuses on the best medical cannabis strains,...

 Seed / Featured

Sydney Vaporizers is the premium online platform to service the needs of the vaping community across Sydney, Brisbane, Melbourne, Canberra, Hobart, Adelaide, Darwin and every...

 Vapes and Carts / Featured

Phoenix Cannabis Seeds was founded by several cannabis aficionados whose goal it was to source high quality inbred, hybrid and landrace cannabis strains and bring...

 Seed / Featured

Page 1 of 4