Village Farms Applauds Budget 2026 Common Cannabis Excise Stamp

National Post · GlobeNewswire · 2026-11-06 12:09 UTC

Village Farms welcomes a long-advocated measure that simplifies cannabis excise duty stamping for licensed producersDELTA, British Columbia, Nov. 06, 2026

Village Farms welcomes a long-advocated measure that simplifies cannabis excise duty stamping for licensed producers

DELTA, British Columbia, Nov. 06, 2026 (GLOBE NEWSWIRE) — Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) yesterday welcomed the Government of Canada’s announcement in Budget 2026 of a common cannabis excise duty stamp, a measure the Company has advocated for as one of its top policy priorities.

“I want to thank the Government of Canada, and particularly Finance Minister François-Philippe Champagne, for listening to our industry and taking meaningful action to address a longstanding regulatory burden. I also want to recognize the Province of British Columbia for its consistent support in advancing this reform,” said Michael DeGiglio, President and Chief Executive Officer, Village Farms. “Village Farms has been making the commonsense case for a national excise stamp for years. Requiring 13 different stamps for the same product created unnecessary complexity, slowed down our supply chain, and added costs without delivering additional value. We now encourage all provinces and territories to adopt the national stamp so that producers and distributors across Canada can realize the full benefits of this important reform.”

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