Village Farms International, Inc.

10:26 AM EST - Village Farms International, Inc. : And Emerald Health Therapeutics have entered into a settlement agreement in order to settle all outstanding disputes with respect to their joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms Corp. Under the terms of the settlement agreement. The 5,940,000 common shares of Pure Sunfarms that were placed in escrow pending Emerald's $5.94-million equity contribution to Pure Sunfarms (originally due in November 2019) will be cancelled, effective as of November 19, 2019, and Village Farms and Emerald will cease arbitration proceedings on the matter. Village Farms International, Inc.

shares T.VFF are trading down $0.04 at $5.49.