Village Farms CEO Mike DeGiglio didn’t hesitate when it comes to his favorite cannabis stock. This is his number one pick…
Mike DeGiglio has been the brains behind Village Farms International Inc. (Nasdaq: VFF) for over 35 years.
For the majority of that time, Village Farms was focused on growing produce like tomatoes, cucumbers, and peppers.
But as soon as Canada legalized cannabis in 2018, Mike saw an opportunity that he couldn’t resist…
A chance to leverage the decades of experience, millions of square feet of existing greenhouse space, and well-practiced team of skilled growers he had already built to capitalize on the cannabis boom.
Today, cannabis products account for over 35% of Village Farms’ quarterly sales.
Its Pure Sunfarms brand has become the top-selling flower in Ontario, Alberta, and British Columbia.
And with cannabis reform on the horizon in the United States, Mike is gearing up to put his existing U.S. assets to work and grow those sales even more.
I recently sat down for a conversation with Mike on the tail of yet another stellar earnings report from Village Farms.
Of course, I couldn’t resist the chance to ask him where he would invest his own money in cannabis stocks (other than Village Farms) for another episode of In the Green.
(Those of you who are already NICI Membership subscribers can access my full interview with Mike right here. If not, click here to learn how to access that conversation and more exclusive content, including trade recommendations and profit opportunities, all delivered straight to your inbox.)
He didn’t hesitate to share his favorite stock, and I couldn’t agree more with his top choice.
Because it’s a name that should be in every investors’ portfolio as one of the single best stocks you can own right now…
Mike’s Curaleaf Holdings Inc. (OTC: CURLF) recommendation is a clear winner in my book.
With such a powerful portfolio of branded products, a footprint spanning all the biggest cannabis markets in America – plus control of the biggest cannabis company in Europe – and a strong leadership team driving it forward, Curaleaf could easily become the first household name in cannabis.
But it’s not just brand recognition Curaleaf has going for it. I believe this company has the potential to become the “Coca-Cola of Cannabis.” Find out why, and learn more about what I love about Curaleaf, right here.
To your investing success,
Executive Director, National Institute for Cannabis Investors
One response to “In the Green Episode 8: Village Farms CEO Mike DeGiglio Has His Money on This U.S. Cannabis Company as One of the Best Stocks You Can Own”
August 18 2021