(Globe Newswire) Delta — Pure Sunfarms Corp., a wholly owned subsidiary of Village Farms International, Inc., is pleased to announce it is the fastest growing Canadian cannabis company and has placed No.17 of 430 companies on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Pure Sunfarms earned its spot with three-year growth of 2,320 per cent.
“As a leader in the cannabis sector, I could not be more proud of what Pure Sunfarms has been able to accomplish. We’ve leveraged decades of Village Farms International’s experience in controlled environment agriculture, a go-slow-and-grow business strategy, and translated that into now 15 quarters of consecutive profitability for the Canadian Cannabis business. It is the expertise and execution of our team that has set us apart as the fastest growing Canadian cannabis company in what is often characterized as a volatile and disruptive industry. Ranking in the top 20 of this prestigious Canadian business list is a huge testament to the hard work the Village Farms and Pure Sunfarms teams have put in to get us where we are today.” — Mandesh Dosanjh, President and CEO, Pure Sunfarms
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront.
In order to qualify for this voluntary program; companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.
The full list of 2022 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here.
“Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada. The next generation of Canadian businesses can draw inspiration from this ranking.” — Dawn Calleja, Editor of Report on Business magazine
“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism. The Globe and Mail congratulates them on their achievements.” — Phillip Crawley, Publisher and CEO of The Globe and Mail