Village Farms International (VFF) 10-Q 9 Nov 22 2022 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2022	Nov. 08, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Trading Symbol	VFF
Entity Registrant Name	VILLAGE FARMS INTERNATIONAL, INC.
Entity Central Index Key	0001584549
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Security Exchange Name	NASDAQ
Entity Address, Country	CA
Title of 12(b) Security	Common Shares, without par value
Entity File Number	001-38783
Entity Incorporation State Country Code	Z4
Entity Tax Identification Number	98-1007671
Entity Address, State or Province	BC
Entity Address, Address Line One	4700-80th Street
Entity Address, City or Town	Delta
Entity Address, Postal Zip Code	V4K 3N3
City Area Code	604
Local Phone Number	940-6012
Document Quarterly Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		90,852,829

Condensed Consolidated Interim

Condensed Consolidated Interim Statements of Financial Position - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Current assets
Cash and cash equivalents	$ 18,165	$ 53,417
Restricted cash	5,000	5,250
Trade receivables	32,905	34,360
Inventories	74,072	68,677
Other receivables	517	616
Income tax receivable	1,469	2,430
Prepaid expenses and deposits	11,083	10,209
Total current assets	143,211	174,959
Non-current assets
Property, plant and equipment	207,658	215,704
Investment in minority interests	2,109	2,109
Note receivable - joint venture		3,256
Goodwill	79,443	117,533
Intangibles	36,402	26,394
Deferred tax asset	30,238	16,766
Right-of-use assets	9,587	7,609
Other assets	2,646	2,581
Total assets	511,294	566,911
Current liabilities
Line of credit	7,650	7,760
Trade payables	25,458	22,597
Current maturities of long-term debt	9,449	11,416
Accrued sales taxes	14,305	3,899
Accrued loyalty program	1,923	2,098
Accrued liabilities	14,860	14,168
Lease liabilities - current	1,962	962
Income tax payable	972
Other current liabilities	2,214	1,413
Total current liabilities	78,793	64,313
Non-current liabilities
Long-term debt	44,851	50,419
Deferred tax liability	18,638	18,657
Lease liabilities - non-current	8,216	6,711
Other liabilities	1,600	1,973
Total liabilities	152,098	142,073
Commitments and contingencies
MEZZANINE EQUITY
Redeemable non-controlling interest	15,732	16,433
SHAREHOLDERS’ EQUITY
Common stock, no par value per share - unlimited shares authorized; 89,029,385 shares issued and outstanding at September 30, 2022 and 88,233,929 shares issued and outstanding at December 31, 2021.	366,561	365,561
Additional paid in capital	12,389	9,369
Accumulated other comprehensive income	(11,215)	6,696
Retained earnings	(25,038)	26,779
Total Village Farms International, Inc. shareholders' equity	342,697	408,405
Non-controlling interest	767
Total shareholders' equity	343,464	408,405	$ 382,977
Total liabilities, mezzanine equity and shareholders’ equity	$ 511,294	$ 566,911

Condensed Consolidated Interi_2

Condensed Consolidated Interim Statements of Financial Position (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Assets [Abstract]
Common stock, no par value
Common Stock, Shares, Issued	89,029,385	88,233,929
Common Stock, Shares, Outstanding	89,029,385	88,233,929

Condensed Consolidated Interi_3

Condensed Consolidated Interim Statements of Income (Loss) and Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Sales	$ 71,056	$ 72,442	$ 224,115	$ 195,212
Cost of sales	(62,682)	(54,693)	(199,514)	(169,891)
Gross margin	8,374	17,749	24,601	25,321
Selling, general and administrative expenses	(16,868)	(13,132)	(51,241)	(30,249)
Share-based compensation	(926)	(1,820)	(3,004)	(5,705)
Interest expense	(982)	(620)	(2,330)	(1,959)
Interest income	60	50	129	99
Foreign exchange loss	(1,963)	(324)	(2,171)	(635)
Other expense	(17)	(119)	(14)	(354)
Write-off of joint venture loan			(592)
Impairments			(29,799)
Gain (loss) on disposal of assets	7		7	(40)
(Loss) income before taxes and loss from equity method investments	(12,315)	1,784	(64,414)	(13,522)
Recovery of (provision for) income taxes	3,183	(1,077)	14,563	2,543
Income (loss) from equity method investments		38	(2,667)	(175)
(Loss) income including non-controlling interests	(9,132)	745	(52,518)	(11,154)
Less: net loss attributable to non-controlling interests, net of tax	387		701
Net (loss) income attributable to Village Farms International, Inc.	$ (8,745)	$ 745	$ (51,817)	$ (11,154)
Basic (loss) income per share attributable to Village Farms International, Inc. shareholders	$ (0.10)	$ 0.01	$ (0.59)	$ (0.14)
Diluted (loss) income per share attributable to Village Farms International, Inc. shareholders	$ (0.10)	$ 0.01	$ (0.59)	$ (0.14)
Weighted average number of common shares used in the computation of net (loss) income per share (in thousands):
Basic	88,684	84,823	88,543	80,671
Diluted	88,684	86,910	88,543	80,671
(Loss) income including non-controlling interests	$ (9,132)	$ 745	$ (52,518)	$ (11,154)
Other comprehensive (loss) income:
Foreign currency translation adjustment	(14,780)	(3,869)	(17,911)	208
Comprehensive loss	$ (23,525)	$ (3,124)	$ (69,728)	$ (10,946)

Condensed Consolidated Interi_4

Condensed Consolidated Interim Statements of Changes in Shareholders' Equity and Mezzanine Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) {Member}	Retained Earnings [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2020	$ 205,283	$ 145,668	$ 17,502	$ 6,255	$ 35,858
Beggining Balance (in shares) at Dec. 31, 2020		66,912
Proceeds from issuance of common stock / Shares issued in public offering, net of issuance costs	127,489	$ 127,489
Proceeds from issuance of common stock / Shares issued in pubic offering, net of issuance costs (in shares)		10,887
Shares issued in acquisition	41,752	$ 41,752
Shares issued in acquisition (in shares)		4,707
Shares issued on exercise of warrants	18,495	$ 29,050	(10,555)
Shares issued on exercise of warrants (in shares)		3,188
Shares issued on exercise of stock options	199	$ 310	(111)
Shares issued on exercise of stock options (in shares)		177
Share re-purchases	(5,000)		(5,000)
Share re-purchases, Shares		(535)
Share-based compensation	5,705		5,705
Share-based compensation (in shares)		370
Cumulative translation adjustment	208			208
Net loss	(11,154)				(11,154)
Ending Balance at Sep. 30, 2021	382,977	$ 344,269	7,541	6,463	24,704
Ending Balance (in shares) at Sep. 30, 2021		85,706
Beginning Balance at Jun. 30, 2021	343,536	$ 302,497	6,748	10,332	23,959
Beggining Balance (in shares) at Jun. 30, 2021		80,964
Shares issued in acquisition	41,752	$ 41,752
Shares issued in acquisition (in shares)		4,707
Shares issued on exercise of stock options	13	$ 20	(7)
Shares issued on exercise of stock options (in shares)		15
Share re-purchases	(1,020)		(1,020)
Share re-purchases, Shares		(107)
Share-based compensation	1,820		1,820
Share-based compensation (in shares)		127
Cumulative translation adjustment	(3,869)			(3,869)
Net loss	745				745
Ending Balance at Sep. 30, 2021	382,977	$ 344,269	7,541	6,463	24,704
Ending Balance (in shares) at Sep. 30, 2021		85,706
Beginning Balance at Dec. 31, 2021	408,405	$ 365,561	9,369	6,696	26,779
Beggining Balance (in shares) at Dec. 31, 2021		88,234
Mezzanine Equity, Beginning balance at Dec. 31, 2021	16,433
Proceeds from issuance of common stock / Shares issued in public offering, net of issuance costs	824	$ 824
Proceeds from issuance of common stock / Shares issued in pubic offering, net of issuance costs (in shares)		450
Shares issued on exercise of stock options	192	$ 176	16
Shares issued on exercise of stock options (in shares)		345
Share-based compensation	3,004		3,004
Recognition of non-controlling interest on acquisition	767					$ 767
Cumulative translation adjustment	(17,911)			(17,911)
Net loss	(51,817)				(51,817)
Mezzanine Equity, Net loss	(701)
Ending Balance at Sep. 30, 2022	343,464	$ 366,561	12,389	(11,215)	(25,038)	767
Ending Balance (in shares) at Sep. 30, 2022		89,029
Mezzanine Equity, Ending balance at Sep. 30, 2022	15,732
Beginning Balance at Jun. 30, 2022	364,472	$ 365,737	11,463	3,565	(16,293)
Beggining Balance (in shares) at Jun. 30, 2022		88,572
Mezzanine Equity, Beginning balance at Jun. 30, 2022	16,119
Proceeds from issuance of common stock / Shares issued in public offering, net of issuance costs	824	$ 824
Proceeds from issuance of common stock / Shares issued in pubic offering, net of issuance costs (in shares)		450
Share-based compensation	926		926
Share-based compensation (in shares)		7
Recognition of non-controlling interest on acquisition	767					767
Cumulative translation adjustment	(14,780)			(14,780)
Net loss	(8,745)				(8,745)
Mezzanine Equity, Net loss	(387)
Ending Balance at Sep. 30, 2022	343,464	$ 366,561	$ 12,389	$ (11,215)	$ (25,038)	$ 767
Ending Balance (in shares) at Sep. 30, 2022		89,029
Mezzanine Equity, Ending balance at Sep. 30, 2022	$ 15,732

Condensed Consolidated Interi_5

Condensed Consolidated Interim Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cash flows used in operating activities:
Net loss	$ (8,745)	$ 745	$ (51,817)	$ (11,154)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization			11,061	9,364
Amortization of deferred charges			171	234
Share of loss from joint ventures		(38)	2,667	175
Net loss attributable to non-controlling interest	(387)		(701)
Interest expense	982	620	2,330	1,959
Interest income	(60)	(50)	(129)	(99)
Interest paid on long-term debt			(2,989)	(2,926)
Unrealized foreign exchange gain/loss			77	19
Impairments			29,799
Write-off of joint venture loan			592
(Gain) loss on disposal of assets	(7)		(7)	40
Non-cash lease expense			775	(376)
Share-based compensation			3,004	5,705
Deferred income taxes			(19,670)	(3,196)
Changes in non-cash working capital items			11,621	(20,851)
Net cash used in operating activities			(13,216)	(21,106)
Cash flows used in investing activities:
Purchases of property, plant and equipment			(12,869)	(15,131)
Acquisitions, net			(4,693)	(25,944)
Advances to joint ventures				(15)
Notes receivable			(1,914)	(1,109)
Net cash used in investing activities			(19,476)	(42,199)
Cash flows (used in) provided by financing activities:
Proceeds from borrowings			4,000	4,147
Repayments on borrowings			(6,262)	(7,410)
Proceeds from issuance of common stock and warrants			824	135,000
Issuance costs				(7,511)
Proceeds from exercise of stock options			192	199
Proceeds from exercise of warrants				18,495
Share repurchases				(5,000)
Payments on capital lease obligations	0	(227)	(782)	(537)
Payment of note payable related to acquisition				(15,498)
Net cash (used in) provided by financing activities			(2,028)	121,885
Effect of exchange rate changes on cash and cash equivalents			(782)	191
Net (decrease) increase in cash and cash equivalents			(35,502)	58,771
Cash and cash equivalents, beginning of period			58,667	25,679
Cash and cash equivalents, end of period	$ 23,165	$ 84,450	$ 23,165	84,450
Supplemental disclosure of non-cash activities:
Shares issued for acquisition				$ 41,752

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business	1. DESCRIPTION OF BUSINESS Village Farms International, Inc. (“VFF” and, together with its subsidiaries, the “Company”, “we”, “us”, or “our”) is a corporation existing under the Ontario Business Corporations Act. VFF’s principal operating subsidiaries as of September 30, 2022 are Village Farms Canada Limited Partnership, Village Farms, L.P., Pure Sunfarms Corp. (“Pure Sunfarms”), and Balanced Health Botanicals, LLC (“Balanced Health”). VFF also owns a 70 % interest in Rose LifeScience Inc. (“Rose”) and an 85 % interest in Leli Holland B.V. ("Leli"). The address of the registered office of VFF is 4700-80th Street, Delta, British Columbia, Canada, V4K 3N3. The Company’s shares are listed on Nasdaq Capital Market (“Nasdaq”) under the symbol “VFF”. Village Farms owns and operates sophisticated, highly intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells premium-quality tomatoes, bell peppers, and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. Through its 70 % ownership of Rose, the Company has a substantial presence in the Province of Quebec as a cannabis supplier, producer and commercialization expert. The Company’s wholly owned subsidiary, Balance Health, develops and sells high-quality, cannabidiol (“CBD”) based products including ingestible, edible and topical applications.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	2. BASIS OF PRESENTATION The accompanying unaudited Condensed Consolidated Interim Financial Statements for the three and nine months ended September 30, 2022 have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. They do not include all information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments of a normal recurring nature considered necessary for fair presentation have been included. Operating results for the three and nine months ended September 30, 2022 are subject to seasonal variations and accordingly are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. For further information, refer to the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the fiscal years ended December 31, 2021 and 2020. In the opinion of management, these financial statements include all adjustments, which are of a normal recurring nature, necessary for a fair statement of the financial position, results of operations, comprehensive loss, cash flows and the change in equity for the periods presented. There have been no changes to our significant accounting policies described in the Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 1, 2022 that have had a material impact on our condensed consolidated interim financial statements and related notes. The condensed consolidated interim financial statements reflect the accounts of the Company and its majority-owned and controlled subsidiaries. All intercompany accounts and transactions between our consolidated operations have been eliminated.

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2022
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
New Accounting Pronouncements	3. NEW ACCOUNTING PRONOUNCEMENTS In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”) . ASU 2020-04 provides optional expedients and exceptions for applying GAAP to debt instruments, derivatives, and other contracts that reference LIBOR or other reference rates expected to be discontinued as a result of reference rate reform. This guidance is optional and may be elected through December 31, 2022 using a prospective application on all eligible contract modifications. The Company has a line of credit that incorporates LIBOR as a referenced interest rate. It is difficult to predict what effect, if any, the phase-out of LIBOR and the use of alternative benchmarks may have on the Company’s business or on the overall financial markets. The Company has not adopted any of the optional expedients or exceptions through September 30, 2022 but will continue to evaluate the possible adoption of any such expedients or exceptions.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Inventories	4. INVENTORIES Inventories consisted of the following as of: Classification September 30, 2022 December 31, 2021 Cannabis: Raw materials $ 1,156 $ 2,071 Work-in-progress 6,761 5,056 Finished goods 45,910 32,161 Packaging 5,395 5,877 Produce and Energy: Crop inventory 14,075 19,475 Purchased produce inventory 644 2,485 Spare parts inventory and packaging 131 1,552 Inventory $ 74,072 $ 68,677

Property Plant And Equipment

Property Plant And Equipment	9 Months Ended
	Sep. 30, 2022
Property Plant And Equipment [Abstract]
Property Plant And Equipment	5. PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following: Classification September 30, 2022 December 31, 2021 Land $ 13,269 $ 14,095 Leasehold and land improvements 5,191 5,224 Buildings 206,998 184,444 Machinery and equipment 80,871 79,070 Construction in progress 15,408 39,206 Less: Accumulated depreciation ( 114,079 ) ( 106,335 ) Property, plant and equipment, net $ 207,658 $ 215,704

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	6. LEASES The Company leases a parcel of land in Marfa, Texas that one of its greenhouses resides on as well as two distribution centers located in Fort Worth, Texas and Surrey, British Columbia. The Company leases production-related equipment at its greenhouses in Texas and British Columbia. The Company also leases an office building located in Lake Mary, Florida for its corporate headquarters, and office and manufacturing space in Denver, Colorado for Balanced Health’s headquarters and operations. Rose owns land and leases a building for its headquarters and operations in Montreal, Quebec. The components of lease related expenses are as follows: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Operating lease expense (a) $ 1,108 $ 761 $ 3,332 $ 2,042 (a) Includes short-term lease costs of $ 360 and $ 194 for the three months ended September 30, 2022 and 2021 and $ 512 and $ 497 for the nine months ended September 30, 2022 and 2021 , respectively. Cash paid for amounts included in the measurement of lease liabilities: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Operating cash flows from operating leases and finance leases $ 514 $ 122 $ 775 $ 376 Finance cash flows from finance leases $ — $ 227 $ 782 $ 537 September 30, 2022 Weighted average remaining lease term: Operating leases 5.6 Weighted average discount rate: Operating leases 7.44 % Maturities of lease liabilities are as follows: Operating Remainder of 2022 $ 657 2023 2,616 2024 2,126 2025 1,911 2026 2,001 Thereafter 3,475 Undiscounted lease cash flow commitments 12,786 Reconciling impact from discounting ( 2,608 ) Lease liabilities on consolidated statement of financial position as of September 30, 2022 $ 10,178

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2022
Business Combinations [Abstract]
Business Combinations	7. BUSINESS COMBINATIONS Rose Acquisition On November 15, 2021 , the Company entered into a Share Purchase Agreement (the “Purchase Agreement”), with Rose and other parties, including the shareholders of Rose (collectively, the “Rose Sellers”), for the acquisition of a 70 % interest in Rose pursuant to the terms of the Purchase Agreement (the “Acquisition”), for a total purchase price (the “Purchase Price”) of C$ 46.7 million, comprised of a cash purchase price of C$ 19.9 million and a total of 2,411,280 Common Shares of Village Farms (“Village Farms Shares”), subject to customary purchase price adjustments. The Village Farms Shares issued under the Purchase Agreement are subject to lock-up agreements, and subject to compliance with applicable securities laws, 33 % of these shares will be released from lock-up restrictions four (4) months following the Closing Date, another 33 % of these shares will be released from lock-up restrictions eight (8) months after the Closing Date and the remaining shares will be released from lock-up restrictions one (1) year after the Closing Date. Under the terms of the Purchase Agreement, the Company filed a prospectus supplement under our existing shelf registration statement on March 15, 2022 to register for resale all of the Village Farms Shares issued to the Rose Sellers on the Closing Date. Put/Call Option Two of the co-founders of Rose (the “Management Shareholders”), who were among the Rose Sellers of Rose in the Acquisition, have remained in their current roles with Rose post-Acquisition and have retained a non-voting 30 % interest in Rose (the “Retained Interest”). In conjunction with the Acquisition, Village Farms and the Management Shareholders have entered into a unanimous shareholders agreement (the “USA”) providing Village Farms with a call option to acquire the Retained Interest between December 31, 2024 and March 31, 2025 or upon the occurrence of certain liquidity events with respect to Village Farms (the “Call Option”). As part of the Call Option, Village Farms can also acquire 34 % of the Retained Interest between December 31, 2022 and March 31, 2023. A put right has also been granted to the Management Shareholders to require Village Farms to complete the acquisition of the Retained Interest upon their death or disability or the occurrence of certain liquidity events with respect to Village Farms (the “Put Option”, and together with the Call Option, the “Put/Call Option”). The price for the Put/Call Option was set at a multiple solely based on Rose’s adjusted EBITDA performance of the applicable prior calendar year. If exercised upon a liquidity event, the Option Price is subject to a minimum amount which varies depending on the year on which it is exercised. The consideration for the acquisition of the Retained Interest may, at Village Farms’ sole discretion, be payable solely in cash or in a pre-determined combination of cash and Village Farms shares based on a formula similar to that used for the issuance of the Village Farms shares comprising part of the Purchase Price. The Company finalized the accounting for this business combination on September 30, 2022 which resulted in the Company recognizing goodwill of $ 24,133 and a customer relationship intangible asset of $ 14,170 , which is amortizable over 10 years. The Company recognized amortization of $ 1,404 during the three and nine months ended September 30, 2022, of which $ 351 relates to the three months ended September 30, 2022 and $ 1,053 relates to prior periods. The Company also recognized a redeemable non-controlling interest classified as temporary mezzanine equity of $ 16,479 . The goodwill and intangible asset have been allocated to the Canadian Cannabis reporting segment. Consideration paid Shares Share Price Amount Cash $ 15,859 Village Farms common shares issued 2,411,280 $ 9.04 21,798 Working capital adjustment 1,055 Total fair value of consideration $ 38,712 November 15, 2021 ASSETS Cash and cash equivalents $ 1,118 Trade and other receivables, net 1,595 Inventories 3,586 Prepaid expenses and deposits 498 Property, plant and equipment 16,423 Goodwill 24,133 Intangible assets 14,170 Total assets 61,523 LIABILITIES Trade payables 774 Accrued liabilities 1,803 Deferred tax liability 3,755 Total liabilities 6,332 Mezzanine equity 16,479 Total liabilities and mezzanine equity 22,811 Net assets acquired $ 38,712

Asset Acquisition

Asset Acquisition	9 Months Ended
	Sep. 30, 2022
Asset Acquisition [Abstract]
Asset Acquisition	8. ASSET ACQUISITION Leli Holland B.V. (“Leli”) In September 2021, the Company entered into an option agreement whereby the Company received the irrevocable right to acquire an 80 % ownership interest (the “Option Agreement”) in Netherlands-based Leli Holland B.V. (“Leli”) upon payment of EUR 50,000 (the “Option”). The Option Agreement allowed for the Company to acquire 80 % of Leli’s shares for EUR 3,950,000 , of which EUR 950,000 was due and payable to Leli’s shareholders upon the exercise of the Option and the remainder due in three equal installments subject to the achievement of certain project development milestones. The option was exercisable at the sole discretion of the Company. On July 7, 2022, Leli received a license to cultivate cannabis legally in the Netherlands under the Dutch Closed Supply Chain Experiment program ("the Program"). On July 19, 2022 the Company exercised the Option to purchase 80 % of Leli, plus an additional 5 % interest, for total cash consideration of $ 4,693 . The acquisition has been accounted for as an asset acquisition and the full consideration paid has been allocated to the license and accounted for as an intangible asset that will be amortized over a period of 5 years which is consistent with the term of the program. There were no other assets or liabilities acquired in the acquisition.

Investments

Investments	9 Months Ended
	Sep. 30, 2022
Equity Method Investments And Joint Ventures [Abstract]
Investments	9. INVESTMENTS Village Fields Hemp USA LLC The Company’s equity losses from VF Hemp for the three months ended September 30, 2022 and 2021 were $- and $ 38 , respectively, and for the nine months ended September 30, 2022 and 2021 were $ 2,667 and $ 175 , respectively. Included in the losses for the nine months ended September 30, 2022, is a loss of $ 2,284 which represents the Company’s share of losses from the impairment of inventory at VF Hemp. In conjunction with the inventory write-off, the Company also wrote-off the remaining balance of its loan to VF Hemp in the amount of $ 592 , which has been recorded as a loss on joint venture loan in the condensed consolidated interim statement of loss and comprehensive loss for the nine months ended September 30, 2022.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	10. GOODWILL AND INTANGIBLE ASSETS During the second quarter of 2022, the Company recognized macroeconomic challenges in the U.S. CBD market, including a decrease in market capitalization of CBD companies and transaction multiplies. Based on those qualitative factors, the Company concluded that its U.S. Cannabis segment more likely than not was impaired and tested that segment’s assets, including goodwill and intangible assets for impairment. The U.S. Cannabis segment’s net working capital assets are readily monetized and therefore book value is deemed to represent its fair value. Its ROU asset and associated liability are primarily based on the lease arrangement and the incremental borrowing rate and deemed to represent fair value. Brand was tested using a relief from royalty method, using a pre-tax royalty rate of 4 % and brand maintenance of 2.45 %. In assessing goodwill, the Company used a market-based approach using a multiple of 1.6 x revenue. The tests resulted in the Company recognizing impairment charges to goodwill of ($ 25,169 ) and its brand intangible asset of ($ 4,630 ). Goodwill The following table presents the changes in the carrying value of goodwill by reportable segment for the nine months ended September 30, 2022: Cannabis - Canada Cannabis - United States Total Balance as of December 31, 2021 $ 57,525 $ 60,008 $ 117,533 Purchase price adjustment 3,175 — $ 3,175 Reclass to intangible assets ( 14,170 ) — ( 14,170 ) Foreign currency translation adjustment ( 1,926 ) — ( 1,926 ) Impairments — ( 25,169 ) ( 25,169 ) Balance as of September 30, 2022 $ 44,604 $ 34,839 $ 79,443 Intangible Assets Intangibles consisted of the following as of: Classification September 30, 2022 December 31, 2021 Licenses $ 16,762 $ 12,835 Brand and trademarks* 12,670 12,951 Customer relationships 13,107 — Computer software 1,942 2,014 Other* 144 144 Less: Accumulated amortization ( 3,593 ) ( 1,550 ) Less: Impairments ( 4,630 ) — Intangibles, net $ 36,402 $ 26,394 * Indefinite-lived intangible assets The expected future amortization expense for definite-lived intangible assets as of September 30, 2022 was as follows: Fiscal period Remainder of 2022 $ 603 2023 2,052 2024 1,918 2025 1,831 2026 1,740 Thereafter 15,444 Intangibles, net $ 23,588

Long-Term Debt and Revolving Cr

Long-Term Debt and Revolving Credit Arrangement	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt and Revolving Credit Arrangement	11. LONG-TERM DEBT AND REVOLVING CREDIT ARRANGEMENT September 30, 2022 December 31, 2021 Term Loan - ("FCC Loan") - repayable by monthly principle of payments of $ 164 and accrued interest at a rate of 3.746 %; matures April 1, 2025 $ 25,258 $ 26,723 Term Loan - VFCE: CA$ 3.0 M - non-revolving fixed rate loan with fixed interest rate of 4.98 %; matures June 2023 — 491 Term Loan - Pure Sunfarms - CA$ 19.0 M - Canadian prime interest rate plus an applicable margin, repayable in quarterly payments equal to 2.50 % of the outstanding principal amount, interest rate of 4.2 %; matures February, 2024 9,825 11,870 Term loan - Pure Sunfarms - CA$ 25.0 M - Canadian prime interest rate plus an applicable margin, repayable in quarterly payments equal to 2.50 % of the outstanding principal amount starting June 30, 2021 , interest rate of 4.2 %; matures February 2024 15,010 17,806 BDC Facility - Pure Sunfarms - non-revolving demand loan at prime interest plus 3.75 %, matures December 31, 2031 4,207 4,946 Total $ 54,300 $ 61,836 The Company’s line of credit (“Operating Loan”) had $ 4,000 amount drawn on the facility as of September 30, 2022 , while there was no amount drawn as of December 31, 2021. The carrying value of the assets and securities pledged as collateral for the FCC Loan as of September 30, 2022 and December 31, 2021 was $ 214,053 and $ 233,187 , respectively. The carrying value of the assets pledged as collateral for the Operating Loan as of September 30, 2022 and December 31, 2021 was $ 35,421 and $ 34,741 , respectively. On March 2, 2022, the Company repaid the outstanding balance on the VFCE Term Loan and related advance balance on term loan. The Pure Sunfarms line of credit had $ 3,650 and $ 7,760 outstanding as of September 30, 2022 and December 31, 2021, respectively. As of September 30, 2022 and December 31, 2021, Pure Sunfarms had an outstanding letter of credit issued to BC Hydro against the revolving line of credit of $C 5,145 . The Company was in compliance with all of its credit facility covenants as of September 30, 2022. The weighted average annual interest rate on short-term borrowings as of September 30, 2022 and December 31, 2021 was 7.95 % and 5.15 %, respectively. Accrued interest payable on the Credit Facilities and loans as of September 30, 2022 and December 31, 2021 was $ 326 and $ 304 , respectively, and these amounts are included in accrued liabilities in the Condensed Interim Statements of Financial Position. The Company is required to comply with financial covenants, measured either quarterly or annually depending on the covenant. As of September 30, 2022 the Company was in compliance with the financial covenants. The aggregate annual maturities of long-term debt for the remainder of 2022 and thereafter are as follows: Remainder of 2022 $ 1,782 2023 7,012 2024 24,299 2025 22,729 2026 609 Thereafter 2,621 Total $ 59,052

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2022
Investments All Other Investments [Abstract]
Financial Instruments	12. FINANCIAL INSTRUMENTS The Company’s financial instruments include cash and cash equivalents, trade receivables, note receivables, minority investments, trade payables, accrued liabilities, lease liabilities, note payables and debt. The carrying value of cash and cash equivalents, trade receivables, notes receivable, trade payables, and accrued liabilities approximate their fair values due to the short-term maturity of these financial instruments. The carrying value of lease liabilities, notes payable, and debt approximate their fair values due to insignificant changes in credit risk. For its minority investments, the Company has elected the practicability election to fair value measurement, under which the investment is measured at cost, less impairment, plus or minus observable price changes of an identical or similar investment.

Related Party Transactions And

Related Party Transactions And Balances	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transaction And Balances	13. RELATED PARTY TRANSACTIONS AND BALANCES On February 10, 2022, the Company entered into an AUD 1 million (US$ 719 ) convertible promissory note with Altum (the “Note”). Interest will accrue at a rate of 12 % per annum, calculated monthly. Unless earlier repaid, or converted into ordinary shares of Altum, the principal and accrued interest of the Note will be due and payable on August 10, 2023 . As of September 30, 2022 , the balance of the Note including accrued interest was $ 721 . On March 25, 2019, the Company entered into a Grid Loan Agreement (the “Grid Loan”) with VF Hemp. As of September 30, 2022 and December 31, 2021, the Grid Loan balance was $- and $ 3,256 , respectively. One of the Company’s employees is related to a member of the Company’s executive management team and received approximately $ 85 and $ 96 in salary and benefits during the nine months ended September 30, 2022 and 2021 , respectively.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	14. INCOME TAXES A provision for income taxes is recognized based on management’s best estimate of the weighted average annual income tax rate expected for the full financial year. The estimated average annual rate used for the nine months ended September 30, 2022 and September 30, 2021 was 26 % and 24 %, respectively. For the three months ended September 30, 2022 and 2021, there was a recovery of income taxes of $ 3,183 and provision for income taxes of $( 1,077 ) , respectively. There was a recovery of income taxes of $ 14,563 and 2,543 for the nine months ended September 30, 2022 and 2021 , respectively.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Segment and Geographic Information	15. SEGMENT AND GEOGRAPHIC INFORMATION Segment reporting is prepared on the same basis that the Company’s Chief Executive Officer, who is the Company’s Chief Operating Decision Maker, manages the business, makes operating decisions and assesses performance. As of September 30, 2022 the Company’s four segments are as follows: Segment Description Produce The Produce segment produces, markets, and sells premium quality tomatoes, bell peppers and cucumbers. Cannabis – Canada The Cannabis – Canada segment produces and supplies cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. Cannabis – United States The Cannabis – United States segment develops and sells high-quality, CBD-based health and wellness products including ingestible, edible and topical applications. Energy The Energy business produces power that it sells per a long-term contract to its one customer. The Company’s primary operations are in the United States and Canada. Segment information is summarized below: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Sales Produce $ 35,527 $ 41,035 $ 124,052 $ 121,441 Cannabis - Canada 30,394 27,393 81,956 69,614 Cannabis - United States 5,135 3,838 17,971 3,838 Energy — 176 136 319 $ 71,056 $ 72,442 $ 224,115 $ 195,212 Gross margin Produce $ ( 3,303 ) $ 2,052 $ ( 16,560 ) $ ( 1,045 ) Cannabis - Canada 8,198 13,149 29,216 25,181 Cannabis - United States 3,523 2,607 12,072 2,607 Energy ( 44 ) ( 59 ) ( 127 ) ( 1,422 ) $ 8,374 $ 17,749 $ 24,601 $ 25,321

Loss Per Share

Loss Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Loss Per Share	16. LOSS PER SHARE Basic and diluted net loss per common share is calculated as follows: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Numerator: Net (loss) income $ ( 8,745 ) $ 745 $ ( 51,817 ) $ ( 11,154 ) Denominator: Weighted average number of common shares - basic 88,684 84,823 88,543 80,671 Effect of dilutive securities- share-based employee options and awards — 2,087 — — Weighted average number of common shares - diluted 88,684 86,910 88,543 80,671 Antidilutive options and awards 3,627 999 3,592 389 Net (loss) income per ordinary share: Basic $ ( 0.10 ) $ 0.01 $ ( 0.59 ) $ ( 0.14 ) Diluted $ ( 0.10 ) $ 0.01 $ ( 0.59 ) $ ( 0.14 )

Shareholders' Equity and Share

Shareholders' Equity and Share Based Compensation	9 Months Ended
	Sep. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Shareholders' Equity and Share Based Compensation	17. SHAREHOLDERS’ EQUITY AND SHARE-BASED COMPENSATION Share-based compensation expense for the three and nine months ended September 30, 2022 was $ 926 and $ 3,004 , respectively, and $ 1,820 and $ 5,705 for the three and nine months ended September 30, 2021, respectively. Stock option activity for the nine months ended September 30, 2022 was as follows: Number of Weighted Weighted Aggregate Outstanding at January 1, 2022 3,622,558 $ 6.12 6.90 $ 6,510 Granted 224,500 $ 5.12 9.39 $ 2 Exercised ( 180,000 ) $ 1.30 0.55 $ 772 Forfeited ( 40,000 ) $ 8.00 Outstanding at September 30, 2022 3,627,058 $ 6.28 6.62 $ 561 Exercisable at September 30, 2022 2,042,663 $ 5.51 5.29 $ 561 Performance-based shares activity for the nine months ended September 30, 2022 was as follows: Number of Weighted Average Grant Date Fair Value Outstanding at January 1, 2022 230,000 $ 6.66 Exercised ( 165,000 ) $ 6.01 Outstanding at September 30, 2022 65,000 $ 8.31 Exercisable at September 30, 2022 35,000 $ 8.31

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories consisted of the following as of: Classification September 30, 2022 December 31, 2021 Cannabis: Raw materials $ 1,156 $ 2,071 Work-in-progress 6,761 5,056 Finished goods 45,910 32,161 Packaging 5,395 5,877 Produce and Energy: Crop inventory 14,075 19,475 Purchased produce inventory 644 2,485 Spare parts inventory and packaging 131 1,552 Inventory $ 74,072 $ 68,677

Property Plant And Equipment (T

Property Plant And Equipment (Tables)	9 Months Ended
	Sep. 30, 2022
Property Plant And Equipment [Abstract]
Summary of Property, Plant and Equipment	Property, plant and equipment consisted of the following: Classification September 30, 2022 December 31, 2021 Land $ 13,269 $ 14,095 Leasehold and land improvements 5,191 5,224 Buildings 206,998 184,444 Machinery and equipment 80,871 79,070 Construction in progress 15,408 39,206 Less: Accumulated depreciation ( 114,079 ) ( 106,335 ) Property, plant and equipment, net $ 207,658 $ 215,704

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Summary of lease related expenses	The components of lease related expenses are as follows: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Operating lease expense (a) $ 1,108 $ 761 $ 3,332 $ 2,042 (a) Includes short-term lease costs of $ 360 and $ 194 for the three months ended September 30, 2022 and 2021 and $ 512 and $ 497 for the nine months ended September 30, 2022 and 2021 , respectively.
Schedule includes other information about leases	Cash paid for amounts included in the measurement of lease liabilities: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Operating cash flows from operating leases and finance leases $ 514 $ 122 $ 775 $ 376 Finance cash flows from finance leases $ — $ 227 $ 782 $ 537 September 30, 2022 Weighted average remaining lease term: Operating leases 5.6 Weighted average discount rate: Operating leases 7.44 %
Summary of maturities of lease liabilities	Maturities of lease liabilities are as follows: Operating Remainder of 2022 $ 657 2023 2,616 2024 2,126 2025 1,911 2026 2,001 Thereafter 3,475 Undiscounted lease cash flow commitments 12,786 Reconciling impact from discounting ( 2,608 ) Lease liabilities on consolidated statement of financial position as of September 30, 2022 $ 10,178

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combinations [Abstract]
Business Acquisitions Purchase Price Allocation To Assets Acquired And Liabilities Assumed	Consideration paid Shares Share Price Amount Cash $ 15,859 Village Farms common shares issued 2,411,280 $ 9.04 21,798 Working capital adjustment 1,055 Total fair value of consideration $ 38,712 November 15, 2021 ASSETS Cash and cash equivalents $ 1,118 Trade and other receivables, net 1,595 Inventories 3,586 Prepaid expenses and deposits 498 Property, plant and equipment 16,423 Goodwill 24,133 Intangible assets 14,170 Total assets 61,523 LIABILITIES Trade payables 774 Accrued liabilities 1,803 Deferred tax liability 3,755 Total liabilities 6,332 Mezzanine equity 16,479 Total liabilities and mezzanine equity 22,811 Net assets acquired $ 38,712

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Value of Goodwill by Reportable Segment	The following table presents the changes in the carrying value of goodwill by reportable segment for the nine months ended September 30, 2022: Cannabis - Canada Cannabis - United States Total Balance as of December 31, 2021 $ 57,525 $ 60,008 $ 117,533 Purchase price adjustment 3,175 — $ 3,175 Reclass to intangible assets ( 14,170 ) — ( 14,170 ) Foreign currency translation adjustment ( 1,926 ) — ( 1,926 ) Impairments — ( 25,169 ) ( 25,169 ) Balance as of September 30, 2022 $ 44,604 $ 34,839 $ 79,443
Schedule of Acquired Intangible Assets	Intangibles consisted of the following as of: Classification September 30, 2022 December 31, 2021 Licenses $ 16,762 $ 12,835 Brand and trademarks* 12,670 12,951 Customer relationships 13,107 — Computer software 1,942 2,014 Other* 144 144 Less: Accumulated amortization ( 3,593 ) ( 1,550 ) Less: Impairments ( 4,630 ) — Intangibles, net $ 36,402 $ 26,394 * Indefinite-lived intangible assets
Schedule of Expected Future Amortization Expense for Definite-Lived Intangible Assets	The expected future amortization expense for definite-lived intangible assets as of September 30, 2022 was as follows: Fiscal period Remainder of 2022 $ 603 2023 2,052 2024 1,918 2025 1,831 2026 1,740 Thereafter 15,444 Intangibles, net $ 23,588

Long-Term Debt and Revolving _2

Long-Term Debt and Revolving Credit Arrangement (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Debt	September 30, 2022 December 31, 2021 Term Loan - ("FCC Loan") - repayable by monthly principle of payments of $ 164 and accrued interest at a rate of 3.746 %; matures April 1, 2025 $ 25,258 $ 26,723 Term Loan - VFCE: CA$ 3.0 M - non-revolving fixed rate loan with fixed interest rate of 4.98 %; matures June 2023 — 491 Term Loan - Pure Sunfarms - CA$ 19.0 M - Canadian prime interest rate plus an applicable margin, repayable in quarterly payments equal to 2.50 % of the outstanding principal amount, interest rate of 4.2 %; matures February, 2024 9,825 11,870 Term loan - Pure Sunfarms - CA$ 25.0 M - Canadian prime interest rate plus an applicable margin, repayable in quarterly payments equal to 2.50 % of the outstanding principal amount starting June 30, 2021 , interest rate of 4.2 %; matures February 2024 15,010 17,806 BDC Facility - Pure Sunfarms - non-revolving demand loan at prime interest plus 3.75 %, matures December 31, 2031 4,207 4,946 Total $ 54,300 $ 61,836
Schedule of maturities of long term debt	The aggregate annual maturities of long-term debt for the remainder of 2022 and thereafter are as follows: Remainder of 2022 $ 1,782 2023 7,012 2024 24,299 2025 22,729 2026 609 Thereafter 2,621 Total $ 59,052

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Summary of Net Sales by the Countries and Business	The Company’s primary operations are in the United States and Canada. Segment information is summarized below: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Sales Produce $ 35,527 $ 41,035 $ 124,052 $ 121,441 Cannabis - Canada 30,394 27,393 81,956 69,614 Cannabis - United States 5,135 3,838 17,971 3,838 Energy — 176 136 319 $ 71,056 $ 72,442 $ 224,115 $ 195,212 Gross margin Produce $ ( 3,303 ) $ 2,052 $ ( 16,560 ) $ ( 1,045 ) Cannabis - Canada 8,198 13,149 29,216 25,181 Cannabis - United States 3,523 2,607 12,072 2,607 Energy ( 44 ) ( 59 ) ( 127 ) ( 1,422 ) $ 8,374 $ 17,749 $ 24,601 $ 25,321

Loss Per Share (Tables)

Loss Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Income Per Share [Abstract]
Summary of Basic and Diluted Net Loss per Common Share	Basic and diluted net loss per common share is calculated as follows: Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Numerator: Net (loss) income $ ( 8,745 ) $ 745 $ ( 51,817 ) $ ( 11,154 ) Denominator: Weighted average number of common shares - basic 88,684 84,823 88,543 80,671 Effect of dilutive securities- share-based employee options and awards — 2,087 — — Weighted average number of common shares - diluted 88,684 86,910 88,543 80,671 Antidilutive options and awards 3,627 999 3,592 389 Net (loss) income per ordinary share: Basic $ ( 0.10 ) $ 0.01 $ ( 0.59 ) $ ( 0.14 ) Diluted $ ( 0.10 ) $ 0.01 $ ( 0.59 ) $ ( 0.14 )

Shareholders' Equity and Shar_2

Shareholders' Equity and Share Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of fair value of stock option valuation assumptions	Stock option activity for the nine months ended September 30, 2022 was as follows: Number of Weighted Weighted Aggregate Outstanding at January 1, 2022 3,622,558 $ 6.12 6.90 $ 6,510 Granted 224,500 $ 5.12 9.39 $ 2 Exercised ( 180,000 ) $ 1.30 0.55 $ 772 Forfeited ( 40,000 ) $ 8.00 Outstanding at September 30, 2022 3,627,058 $ 6.28 6.62 $ 561 Exercisable at September 30, 2022 2,042,663 $ 5.51 5.29 $ 561
Summary of non-vested performance-based restricted share units	Performance-based shares activity for the nine months ended September 30, 2022 was as follows: Number of Weighted Average Grant Date Fair Value Outstanding at January 1, 2022 230,000 $ 6.66 Exercised ( 165,000 ) $ 6.01 Outstanding at September 30, 2022 65,000 $ 8.31 Exercisable at September 30, 2022 35,000 $ 8.31

Description of Business - Addit

Description of Business - Additional Information (Detail)	Sep. 30, 2022
Rose LifeScience Inc. [Member]
Nature Of Operations [Line Items]
Equity ownership percentage	70%
Leli Holland B.V. [Member]
Nature Of Operations [Line Items]
Equity ownership percentage	85%

Inventories - Summary of Invent

Inventories - Summary of Inventory Current (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory [Line Items]
Inventories	$ 74,072	$ 68,677
Raw Materials | Cannabis Business [Member]
Inventory [Line Items]
Inventories	1,156	2,071
Work-in-Progress | Cannabis Business [Member]
Inventory [Line Items]
Inventories	6,761	5,056
Finished Goods | Cannabis Business [Member]
Inventory [Line Items]
Inventories	45,910	32,161
Packaging | Cannabis Business [Member]
Inventory [Line Items]
Inventories	5,395	5,877
Crop Inventory [Member] | Produce And Energy
Inventory [Line Items]
Inventories	14,075	19,475
Purchased Produce [Member] | Produce And Energy
Inventory [Line Items]
Inventories	644	2,485
Spare Parts Inventory and Packinng [Member] | Produce And Energy
Inventory [Line Items]
Inventories	$ 131	$ 1,552

Property Plant And Equipment -

Property Plant And Equipment - Summary of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Property Plant And Equipment [Line Items]
Less: Accumulated depreciation	$ (114,079)	$ (106,335)
Property, plant and equipment, net	207,658	215,704
Land [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Gross	13,269	14,095
Leaseholds and Leasehold Improvements [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Gross	5,191	5,224
Building [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Gross	206,998	184,444
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Gross	80,871	79,070
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 15,408	$ 39,206

Leases - Summary of Lease Relat

Leases - Summary of Lease Related Expenses (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating lease expense	[1]	$ 1,108	$ 761	$ 3,332	$ 2,042
[1] Includes short-term lease costs of $ 360 and $ 194 for the three months ended September 30, 2022 and 2021 and $ 512 and $ 497 for the nine months ended September 30, 2022 and 2021 , respectively.

Leases - Summary of Lease Rel_2

Leases - Summary of Lease Related Expenses (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Short-term lease costs	$ 360	$ 194	$ 512	$ 497

Leases - Schedule Includes Othe

Leases - Schedule Includes Other Information About Leases (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating cash flows from operating leases and finance leases	$ 514	$ 122	$ 775	$ 376
Finance cash flows from finance leases	$ 0	$ 227	$ 782	$ 537
Weighted average remaining lease term:
Operating leases	5 years 7 months 6 days		5 years 7 months 6 days
Weighted average discount rate:
Operating leases	7.44%		7.44%

Leases - Summary of Maturities

Leases - Summary of Maturities of Lease Liablities (Detail) - Operating Leases [Member]	Sep. 30, 2022 USD ($)
Remainder of 2022	$ 657
2023	2,616
2024	2,126
2025	1,911
2026	2,001
Thereafter	3,475
Undiscounted lease cash flow commitments	12,786
Reconciling impact from discounting	(2,608)
Lease liabilities on consolidated statement of financial position as of September 30, 2022	$ 10,178

Business Combinations - Rose Ac

Business Combinations - Rose Acquisition - Additional Information (Details) $ in Thousands, $ in Millions		3 Months Ended	6 Months Ended	9 Months Ended
	Nov. 15, 2021 CAD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Nov. 15, 2021 USD ($) Cofounder shares
Business Acquisition [Line Items]
Goodwill		$ 79,443		$ 79,443	$ 117,533
Rose Acquisition [Member]
Business Acquisition [Line Items]
Business acquisition, date of acquisition agreement	Nov. 15, 2021
Business acquisition, percentage of voting interests acquired						70%
Business combination, consideration transferred, total	$ 46.7
Payments to acquire businesses	$ 19.9
Business acquisition, purchase price consideration number of shares issued | shares						2,411,280
Percentage of common shares cease to be restricted shares 4 months following closing date	33%
Percentage of common shares cease to be restricted shares 8 months after closing date	33%
Number of management shareholders | Cofounder						2
Goodwill		24,133		24,133		$ 24,133
Intangible assets		14,170		$ 14,170		14,170
Business combination, intangible asset amortizable period				10 years
Amortization		$ 351	$ 1,053	$ 1,404
Redeemable non controlling interest classified as temporary mezzanine equity.						$ 16,479
Rose Acquisition [Member] | Management Shareholders [Member]
Business Acquisition [Line Items]
Percentage of non-voting retained interest						30%
Rose Acquisition [Member] | Call Option [Member]
Business Acquisition [Line Items]
Retained interest percentage to be acquired upon occurrence of liquidity events						34%
Rose Acquisition [Member] | Common Stock [Member]
Business Acquisition [Line Items]
Business acquisition, purchase price consideration number of shares issued | shares						2,411,280

Business Combinations - Rose _2

Business Combinations - Rose Acquisition - Summary of Assets and Liabilities (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021	Nov. 15, 2021
ASSETS
Goodwill	$ 79,443,000	$ 117,533,000
Rose Acquisition [Member]
Business Acquisition [Line Items]
Cash			$ 15,859,000
Village Farms common shares issued			2,411,280
Business acquisition, share price			$ 9.04
Village Farms common shares issued			$ 21,798,000
Working capital adjustment			1,055,000
Total fair value of consideration			38,712,000
ASSETS
Cash and cash equivalents			1,118,000
Trade and other receivables, net			1,595,000
Inventories			3,586,000
Prepaid expenses and deposits			498,000
Property, plant and equipment			16,423,000
Goodwill	24,133,000		24,133,000
Intangible assets	$ 14,170,000		14,170,000
Total assets			61,523,000
LIABILITIES
Trade payables			774,000
Accrued liabilities			1,803,000
Deferred tax liability			3,755
Total liabilities			6,332,000
Mezzanine equity			16,479,000
Total liabilities and mezzanine equity			22,811,000
Net assets acquired			$ 38,712,000

Asset Acquisition - Additional

Asset Acquisition - Additional Information (Detail)		1 Months Ended
	Jul. 19, 2022 USD ($)	Sep. 30, 2021 EUR (€)
Leli Holland B V [Member] | Option Agreement [Member]
Asset Acquisition [Line Items]
Right to acquire ownership interest percentage		80%
Payment to acquire ownership interest | €		€ 50,000
Transaction value to acquire interest | €		3,950,000
Due and payable to shareholders | €		€ 950,000
Leli Holland B.V. [Member]
Asset Acquisition [Line Items]
Asset acquisition, percentage acquired	80%
Asset acquisition, additional percentage acquired	5%
Asset acquisition, total cash consideration | $	$ 4,693,000
Asset acquisition, intangible assets amortized period	5 years
Asset Acquisition, other assets acquired | $	$ 0
Asset acquisition, other liabilities acquired | $	$ 0

Investments - Additional Inform

Investments - Additional Information (Detail) - VF Hemp [Member] - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Equity Method Investments [Line Items]
Equity losses from joint venture	$ 38	$ 2,667	$ 175
Share of losses from joint venture		2,284
Inventory write-off from joint venture		$ 592

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	$ (25,169)
Intangible assets	$ (4,630)
Percentage of Pre Tax Royalty Rate	4%
Percentage of Brand Maintenance	2.45%
Threshold Percentage of Revenue	1.60%

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Changes in Carrying Value of Goodwill by Reportable Segment (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill [Line Items]
Beginning Balance	$ 117,533
Purchase price adjustment	3,175
Reclass to intangible assets	(14,170)
Foreign currency translation adjustment	(1,926)
Impairments	(25,169)
Ending Balance	79,443
Cannabis Business [Member] | Canada [Member]
Goodwill [Line Items]
Beginning Balance	57,525
Purchase price adjustment	3,175
Reclass to intangible assets	(14,170)
Foreign currency translation adjustment	(1,926)
Ending Balance	44,604
Cannabis Business [Member] | United States [Member]
Goodwill [Line Items]
Beginning Balance	60,008
Impairments	(25,169)
Ending Balance	$ 34,839

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Acquired Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Finite Lived Intangible Assets [Line Items]
Less: Accumulated amortization	$ (3,593)	$ (1,550)
Less: Impairments	(4,630)
Intangibles, net	36,402	26,394
Licenses [Member]
Finite Lived Intangible Assets [Line Items]
Intangibles, gross	16,762	12,835
Brand and Trademarks [Member]
Finite Lived Intangible Assets [Line Items]
Intangibles, gross	12,670	12,951
Customer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Intangibles, gross	13,107
Computer Software [Member]
Finite Lived Intangible Assets [Line Items]
Intangibles, gross	1,942	2,014
Other [Member]
Finite Lived Intangible Assets [Line Items]
Intangibles, gross	$ 144	$ 144

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Expected Future Amortization Expense for Definite-Lived Intangible Assets (Detail) $ in Thousands	Sep. 30, 2022 USD ($)
Fiscal period
Remainder of 2022	$ 603
2023	2,052
2024	1,918
2025	1,831
2026	1,740
Thereafter	15,444
Intangibles, net	$ 23,588

Long-Term Debt and Revolving _3

Long-Term Debt and Revolving Credit Arrangement - Schedule of Debt (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Term Loan	$ 54,300	$ 61,836
Term Loan (FCC Loan) [Member]
Debt Instrument [Line Items]
Term Loan	25,258	26,723
Term Loan (VFCE) [Member]
Debt Instrument [Line Items]
Term Loan		491
Term Loan One [Member] | Pure Sunfarms [Member]
Debt Instrument [Line Items]
Term Loan	9,825	11,870
Term Loan Two [Member] | Pure Sunfarms [Member]
Debt Instrument [Line Items]
Term Loan	15,010	17,806
BDC Facility [Member] | Pure Sunfarms [Member]
Debt Instrument [Line Items]
Term Loan	$ 4,207	$ 4,946

Long-Term Debt and Revolving _4

Long-Term Debt and Revolving Credit Arrangement - Schedule of Debt (Parenthetical) (Detail) - 9 months ended Sep. 30, 2022 $ in Millions, $ in Millions	USD ($)	CAD ($)
Term Loan (FCC Loan) [Member]
Debt Instrument [Line Items]
Debt instrument, periodic principal payment	$ 164
Debt instrument, interest rate during period	3.746%	3.746%
Debt instrument maturity date	Apr. 01, 2025	Apr. 01, 2025
Term Loan (VFCE) [Member]
Debt Instrument [Line Items]
Debt instrument, periodic principal payment		$ 3
Debt instrument, interest rate during period	4.98%	4.98%
Debt instrument maturity date	Jun. 30, 2023	Jun. 30, 2023
Term Loan One [Member] | Pure Sunfarms [Member]
Debt Instrument [Line Items]
Debt instrument, periodic principal payment		$ 19
Debt instrument, interest rate during period	4.20%	4.20%
Debt instrument maturity date	Feb. 29, 2024	Feb. 29, 2024
Debt Instrument Quarterly Payments Interest Rate	2.50%	2.50%
Term Loan Two [Member] | Pure Sunfarms [Member]
Debt Instrument [Line Items]
Debt instrument, periodic principal payment		$ 25
Debt instrument, interest rate during period	4.20%	4.20%
Debt instrument maturity date	Feb. 29, 2024	Feb. 29, 2024
Debt Instrument Quarterly Payments Interest Rate	2.50%	2.50%
Debt instrument maturity date	Jun. 30, 2021	Jun. 30, 2021
BDC Facility [Member] | Pure Sunfarms [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate during period	3.75%	3.75%
Debt instrument maturity date	Dec. 31, 2031	Dec. 31, 2031

Long-Term Debt and Revolving _5

Long-Term Debt and Revolving Credit Arrangement - Additional Information (Detail) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2022 CAD ($)	Dec. 31, 2021 CAD ($)
Disclosure Of Borrowings [Line Items]
Line of credit	$ 7,650,000	$ 7,760,000
Weighted average interest rate	7.95%	5.15%	7.95%	5.15%
Accounts Payable and Accrued Liabilities [Member]
Disclosure Of Borrowings [Line Items]
Accrued interest payable	$ 326,000	$ 304,000
Non-Revolving Variable Rate Term Loan 2021 [Member] | FCC Loan [Member]
Disclosure Of Borrowings [Line Items]
Securities pledged as collateral	214,053,000	233,187,000
Revolving Operating Loan [Member]
Disclosure Of Borrowings [Line Items]
Amounts drawn on facility	4,000,000	0
Securities pledged as collateral	35,421,000	34,741,000
Revolving Operating Loan [Member] | Pure Sunfarms [Member]
Disclosure Of Borrowings [Line Items]
Total outstanding amount	$ 3,650,000	$ 7,760,000
Letter of Credit | Pure Sunfarms [Member]
Disclosure Of Borrowings [Line Items]
Line of credit			$ 5,145	$ 5,145

Long-Term Debt and Revolving _6

Long-Term Debt and Revolving Credit Arrangement - Summary of Aggregate Annual Maturities of Long-Term Debt (Detail) $ in Thousands	Sep. 30, 2022 USD ($)
Debt Disclosure [Abstract]
Remainder of 2022	$ 1,782
2023	7,012
2024	24,299
2025	22,729
2026	609
Thereafter	2,621
Long-term debt	$ 59,052

Related Party Transactions An_2

Related Party Transactions And Balances - Additional Information (Detail) $ in Thousands, $ in Millions		9 Months Ended
	Feb. 10, 2022 AUD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Feb. 10, 2022 USD ($)	Dec. 31, 2021 USD ($)
Grid Loan Agreement [Member]
Related Party Transaction [Line Items]
Loans receivable, related parties					$ 3,256
Atom [Member] | Convertible Promissory Note [Member]
Related Party Transaction [Line Items]
Convertible promissory note	$ 1			$ 719
Notes interest rate	12%			12%
Percentage of ownership interest	Aug. 10, 2023
Balance of note including accrued interest		$ 721
Employees
Related Party Transaction [Line Items]
Salary and benefits to employee		$ 85	$ 96

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Estimated average annual tax rate			26%	24%
Recovery of (provision for) income taxes	$ 3,183	$ (1,077)	$ 14,563	$ 2,543

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2022 Segment
Segment Reporting [Abstract]
Number of operating segments	4

Segment and Geographic Inform_4

Segment and Geographic Information - Summary of net sales by the countries and business (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Sales [Abstract]
Sales	$ 71,056	$ 72,442	$ 224,115	$ 195,212
Gross Profit [Abstract]
Gross Margin	8,374	17,749	24,601	25,321
Produce Business [Member]
Sales [Abstract]
Sales	35,527	41,035	124,052	121,441
Gross Profit [Abstract]
Gross Margin	(3,303)	2,052	(16,560)	(1,045)
Cannabis Canada Business [Member]
Sales [Abstract]
Sales	30,394	27,393	81,956	69,614
Gross Profit [Abstract]
Gross Margin	8,198	13,149	29,216	25,181
Cannabis Unites States Business [Member]
Sales [Abstract]
Sales	5,135	3,838	17,971	3,838
Gross Profit [Abstract]
Gross Margin	3,523	2,607	12,072	2,607
Energy Business [Member]
Sales [Abstract]
Sales		176	136	319
Gross Profit [Abstract]
Gross Margin	$ (44)	$ (59)	$ (127)	$ (1,422)

Loss Per Share - Summary of Bas

Loss Per Share - Summary of Basic and Diluted Net Loss per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Numerator:
Net (loss) income	$ (8,745)	$ 745	$ (51,817)	$ (11,154)
Denominator:
Weighted average number of common shares - basic	88,684	84,823	88,543	80,671
Effect of dilutive securities- share-based employee options and awards		2,087
Weighted average number of common shares - diluted	88,684	86,910	88,543	80,671
Antidilutive options and awards	3,627	999	3,592	389
Net (loss) income per ordinary share:
Basic	$ (0.10)	$ 0.01	$ (0.59)	$ (0.14)
Diluted	$ (0.10)	$ 0.01	$ (0.59)	$ (0.14)

Shareholders' Equity and Shar_3

Shareholders' Equity and Share Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share based compensation expense	$ 926	$ 1,820	$ 3,004	$ 5,705

Shareholders' Equity and Shar_4

Shareholders' Equity and Share Based Compensation - Summary Of Stock Option (Detail) - Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Options, Beginning balance	3,622,558
Number of Options, Granted	224,500
Number of Options, Exercised	(180,000)
Number of Options, Fortified	(40,000)
Number of Options, Ending balance	3,627,058	3,622,558
Number of Options, Exercisable	2,042,663
Weighted Average Exercise Price, Beginning balance	$ 6.12
Weighted Average Exercise Price, Granted	5.12
Weighted Average Exercise Price, Exercised	1.30
Weighted Average Exercise Price,Fortified	8
Weighted Average Exercise Price, Ending balance	6.28	$ 6.12
Weighted Average Exercise Price, Exercisable	$ 5.51
Weighted Average Remaining Contractual Term (years)	6 years 7 months 13 days	6 years 10 months 24 days
Weighted Average Remaining Contractual Term (years), Granted	9 years 4 months 20 days
Weighted Average Remaining Contractual Term (years), Exercised	6 months 18 days
Weighted Average Remaining Contractual Term (years), Exercisable	5 years 3 months 14 days
Aggregate Intrinsic Value	$ 561	$ 6,510
Aggregate Intrinsic Value, Granted	2
Aggregate Intrinsic Value, Exercised	772
Aggregate Intrinsic Value, Excercisable	$ 561

Shareholders' Equity and Shar_5

Shareholders' Equity and Share Based Compensation - Summary of Performance base restricted share unit activity (Detail) - Performance-Based Restricted Share Unit [Member]	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Number of Performance-based Restricted Share Units, Beginning balance | shares	230,000
Number of Performance-based Restricted Share Units, Exercised | shares	(165,000)
Number of Performance-based Restricted Share Units, Ending balance | shares	65,000
Number of Performance-based Restricted Share Units, Exercisable | shares	35,000
Weighted Average Grant Date Fair Value, Beginning balance | $ / shares	$ 6.66
Weighted Average Grant Date Fair Value, Exercised | $ / shares	6.01
Weighted Average Grant Date Fair Value, Ending balance | $ / shares	8.31
Weighted Average Grant Date Fair Value, Exercisable | $ / shares	$ 8.31