Village Farms International Settles Legal Dispute With Emerald Health Therapeutics

Village Farms International (NASDAQ: VFF) and Emerald Health Therapeutics (OTC: EMHTF) have put their recent legal differences aside. The two companies (and partners) announced in separate press releases that they have finalized a settlement on matters pertaining to their Pure Sunfarms cannabis production joint venture.

The news comes nearly a week after Village Farms and Emerald announced an initial settlement to the conflict. The companies had been undergoing arbitration over matters related to their respective ownership stakes in Pure Sunfarms. The disagreement arose late last year after Emerald missed an equity payment for its part of Pure Sunfarms, which was originally founded as a 50-50 joint venture.

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Source Fool.com