[PRESS RELEASE] – VANCOUVER, British Columbia, Feb. 23, 2026 – Village Farms International Inc. announced that on Feb. 20, 2026, it amended and extended its Canadian cannabis credit facility by upsizing loan commitments with existing lenders by CA$15 million and extending maturities one year to February 2029.
The incremental debt financing comes in the form of a delayed draw term loan, from which the company drew an initial CA$5 million on February 20, 2026. All other terms of the credit facility loans remain unchanged, with variable interest rates currently below 6%.
“Today’s announcement demonstrates the strong credit profile of Village Farms established through record financial performance and continued leadership in global cannabis markets,” Village Farms CEO Michael DeGiglio said. “We remain in a very strong net cash position and are pleased with the collaborative relationship with our lenders, who are eager to support our continued growth.
“Our access to capital is a strong competitive advantage, and we believe this incremental financing reflects a responsible use of our balance sheet to enhance existing operating capabilities while preserving significant optionality for additional accretive organic and acquisitive growth opportunities.”
