Village Farms Cannabis Co. Faces Nasdaq Compliance Challenge, Here's What Investors Need To Know
Village Farms International, Inc. (NASDAQ: VFF) has received notification from the Nasdaq Stock Market LLC that it is not in compliance with the minimum bid price requirement - NASDAQ Listing Rule - as the bid price for the company's common shares closed below $1 from Sept. 6, 2024, to Oct. 17, 2024. The controlled-environment agriculture company has 180 days or until April 16, 2025 to regain compliance.During the compliance period, Village Farms common shares will continue to trade on the Nasdaq Capital Market.
