Village Farms Extends Canadian Cannabis Credit Facility by CAD $15 Million to 2029
Village Farms International, Inc. has amended and extended its Canadian cannabis credit facility, increasing loan commitments by CAD $15 million and extending the maturity to February 2029. The initial draw of CAD $5 million was made on February 20, 2026, with all other terms remaining unchanged and interest rates below 6.0%. The company highlights its strong financial position and competitive advantage in capital access to support growth.
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Village Farms International, Inc. amended its Canadian cannabis credit facility on February 20, 2026, increasing loan commitments by CAD $15 million and extending the maturity to February 2029. The financing includes a delayed draw term loan, with an initial draw of CAD $5 million.
Interest rates remain below 6.0%. The company emphasizes its strong financial standing and competitive edge in accessing capital for growth. Additionally, Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas at its Delta facility.
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