“As domestic peers are forced to pivot away from the everyday low-price segment and resort to buying from producers such as Pure Sun Farms, we think VFF will gain market share in both the domestic-branded and unbranded segments and will likely undercut Canadian peers in the export markets once it gets all the proper permits.” Shares of Village Farms rose 5.8% in pre-market trades.
Current GE Chief Executive Larry Culp will be non-executive chairman of GE Healthcare after it is spun off, and will service of CEO of GE until the second spinoff, at which time he will lead the GE aviation-focused company.