Top 5 Marijuana Stocks to Buy in 2022

2. Village Farms International, Inc. (NASDAQ:VFF)

Number of Hedge Fund Holders: 9

Stock Price as of Feb. 24, 2022: $5.26

Analyst Upside In %: 209%

Village Farms International, Inc. (NASDAQ:VFF) is a greenhouse-grown vegetable company that has also expanded its presence to include the cannabis market. The company targets this market via its Cannabis and Hemp Business, and the company has planted millions of seedlings over hundreds of acres.

Village Farms International, Inc. (NASDAQ:VFF)’s consensus price target marks for a 209% premium over its closing share price of $5.26 on February 24, 2022. Cantor Fitzgerald set a $12.75 price target for the company in November 2021, stating that the company’s strong grower advantages will serve it well in an expanding market.

For its fiscal third-quarter, Village Farms International, Inc. (NASDAQ:VFF) brought in $72.4 million in revenue and $0.01 in GAAP EPS, beating analyst estimates for both metrics. Nine out of 924 hedge funds surveyed by Insider Monkey in Q4 2021 owned the company’s shares.

Village Farms International, Inc. (NASDAQ:VFF)’s largest investor according to Insider Monkey’s research is Jim Simons’ Renaissance Technologies who owns 192,300 shares worth $1.2 million.