In Europe, Village Farms' Leli Holland holds one of the 10 licenses for the Dutch Coffee Shop Experiment to grow and distribute recreational cannabis. In the United States, the company owns Balanced Health Botanicals, a leading brand in the CBD and hemp market, and plans to leverage its Texas-based greenhouse assets to enter the US THC market, subject to regulatory compliance. Additionally, Village Farms Clean Energy, in partnership with Terreva Renewables, has been converting landfill gas into renewable natural gas, significantly reducing greenhouse gas emissions in Vancouver. Village Farms also has an equity interest in Vanguard Food LP, which is involved in creating a branded CPG foods company through acquisitions and expansion. This restoration of compliance comes as a relief to Village Farms, which is actively pursuing growth opportunities in the high-demand cannabis sector.