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Village Farms International Advises Texas Greenhouse Operations to Continue Uninterrupted and Announces Conference Call Time for the Fourth Quarter and Year-End 2020

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The company will report the fourth quarter and the end of the year Financial results through news reporting on Tuesday, March 16, 2021 IN 7:00 p.m. and Reception Conference Call the same day at 8:30 am ET

VANCUVER, BC, February 23, 2021 / PRNewswire / – Village Farms International, Inc. (“Village Villages” or “Company”) (NASDAQ: VFF) (TSX: VFF) today advised that operations in TEXAS greenhouse facilities have continued uninterrupted between recent power outages and water supply shortages that have been experienced in many parts of the state as a result of unreasonably cold temperatures and severe weather conditions. company TEXAS greenhouse facilities supply their water needs from local wells and were able to rely on their surplus generator systems for their electricity requirements.

Time and details of the call for the fourth quarter and year conference

The company also announced that it will hold a conference call to discuss the financial results of its fourth quarter and 2020 Tuesday, March 16, 2021 IN 8:30 am ET. Participants can access the conference call by calling (647) 427-7450 or (888) 231-8191, or online at: https://bit.ly/3shX6Z8.

The company expects to report fourth quarter and full year 2020 financial results through news release in Tuesday, March 16, 2021 IN 7:00 p.m..

Conference Call Archive Access Information

For those who are unable to attend the conference call at the scheduled time, it will be archived again by both telephone and Internet starting approximately one hour after the end of the call. To access the archived conference call by phone, dial (416) 849-0833 or (855) 859-2056 and enter the passcode 5894379 followed by the pound key. The phone call will be available until Tuesday, March 23, 2021 at midnight (ET). The conference call will be archived on the Village Villages website at http://villagefarms.com/investor-relation/investor-calls.

About Village Farms International, Inc.

Village Farms is one of the largest and longest growing greenhouses in North America. The company utilizes decades of experience in large-scale, low-cost agriculture as a supplier of vertically integrated products to pursue the possibilities of Consumer Consumer Goods Packaged with high value, high growth, in plants with cannabis and CBD in North America and select international markets.

Canadian subsidiary of the entire company, British Columbiabased on Pure Sunfarms, is one of the largest cannabis operations in the world, the lowest greenhouse manufacturer and one of the best-selling brands in Canada, and has generated profit for seven consecutive quarters.

In the US, subject to compliance with all applicable US federal and state laws, Village Farms is pursuing a strategy to become a leading developer and supplier of branded and labeled white CBD products that target major retailers and companies of consumer-packaged goods. Village Farms has one of the largest greenhouse operations in the country and is strategically positioned to leverage its agricultural experience and operational expertise and Pure Sunfarms products, to pursue potential high THC cannabis opportunities when legally permitted do it.

Internationally, Village Farms evaluates and targets selected, nascent, legal cannabis and CBD options with significant long-term potential, with an initial focus on Asia-Pacific region through its investments in AustraliaHigh-based international.

Warning Statement regarding Information Looking Ahead

This press release contains forward-looking statements within the meaning of the United States Securities Judicial Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, (“Securities Act“) and Section 21E of the Securities Exchange Act of 1934, as amended (“The act of exchange“), and is subject to the safe harbor created by those sections. This press release also contains” forward-looking information “within the meaning of applicable Canadian securities law. We refer to such forward-looking statements and the information they see forward together “future statements.” Future statements may relate to the Company’s future forecast or financial position and projected events or results and may include statements regarding financial position, business strategy, budgets, expansion plans , litigation, projected output, projected costs, capital expenditures, financial results, taxes, plans and objectives of or including the Enterprise.In particular, statements about the future results, performance, achievements, prospects or opportunities for the Company, industry of the greenhouse vegetable or cannabis industry are future statements.In some cases, forward-looking information can be identified with terms such as “opinion”, “may”, “m can”, “will”, “can”, “should”, “will”, “happen”, “expect”, “plan”, “predict”, “believe”, “aim”, “try”, “evaluate”, “predict”, “potential”, “continue”, “likely”, “schedule”, “objectives”, or their negative or grammatical change or other similar expressions in relation to matters which are not historical facts. Future statements in this press release are subject to risks that may include, but are not limited to: our limited operating history, including that of Pure Sunfarms, and our initial hemp growing operations within United States; legal status of Pure Sunfarms cannabis business; risks associated with obtaining additional financing, including our reliance on credit facilities; potential difficulties in achieving and / or maintaining the benefit; product price variability; inherent risks in cannabis, hemp and agriculture businesses; the ability of Pure Sunfarms to cultivate and distribute cannabis in Canada; existing and new government regulations, including regulatory compliance and licensing risks (e.g., Pure Sunfarms’ ability to obtain licenses for its Delta 2 greenhouse facility as well as additional cannabis-related licenses under the Cannabis Act to amend the Drugs and Controlled Substances Act, Criminal Code and other Acts, SC 2018, c.16 (Canada) for its Delta greenhouse facility 3), and changes to our regulatory requirements; risks associated with converting our greenhouses to cannabis production for Pure Sunfarms; risks associated with rules and regulations at the U.S. federal level (Food and Drug Administration and the United States Department of Agriculture), state and municipal levels regarding production and hemp; consolidation of retail, technological advances and other forms of competition; transport disruptions; product liability and other possible litigation; retaining key executives; labor issues; unsecured and unsecured losses; vulnerability to rising energy costs; environmental, health and safety risks, foreign currency exposure, risks related to cross-border trade; difficulties in managing our growth; restrictive covenants under our credit facilities; natural disasters; the ongoing and evolving pandemic of COVID-19; and tax risks.

The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, operations results, business strategy and financial needs. Although the future statements contained in this press release are based on assumptions that management believes are reasonable based on information currently available to management, there can be no assurance that the actual results will be consistent with these future statements. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company’s control, which may cause the current Company or industry results, performance, achievements, prospects and opportunities in future periods to change. materially from those expressed or implied by such far-sighted statements. These risks and uncertainties include, but are not limited to, the factors contained in company records in securities regulators, including this press release. In particular, we warn you that our future statements are subject to ongoing and evolving circumstances regarding the COVID-19 pandemic, which may have a material adverse effect on our business, operations and future financial results.

When relying on future statements to make decisions, the Company warns readers not to rely too heavily on these statements, as future statements involve significant risks and uncertainties and should not be read as a guarantee of future results, performance, achievement, prospects and opportunities. Future statements made in this press release relate only to events or information from the date on which the statements are made in this press release. Except as required by law, the Company assumes no obligation to update or publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of events. unforeseen.

BURIMI Village Farms International, Inc.

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