Village Farms International has started building an indoor cannabis production facility in Drachten, Netherlands, which will supply the country’s cultivation and distribution experiment that started in December.
The Vancouver, British Columbia-headquartered company has one of the Dutch licenses via its majority-owned subsidiary, Leli Holland, permitting Village Farms to legally produce and distribute recreational cannabis.
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Village Farms is planning to start production in the fourth quarter of 2024.
The company said it’s financing the build-out of the facility from cash on hand, and Leli Holland plans to sell flower and hash products in various formats, including pre-rolls.
“As a limited license market with a long-established consumer base and a cannabis-friendly regulatory environment, the Netherlands represents a very attractive near-term opportunity in our international cannabis
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