Valens Company Receives License Amendment To Sell Dried Cannabis Products

Whereas most cannabis-related firms appear to be moving away from dried flower products, The Valens Company (TSX: VLNS) appears to be working in reverse. The company this morning announced that it has received an amendment to its sales license, enabling the sale of certain dried flower products.

In a time where most producers are moving away from dried flower and related “cannabis 1.0” products, Valens appears to be going full steam ahead. The company this morning indicated that it had sought the amendment to enable the firm to sell pre-rolls and dried cannabis derivative products.

New products in numerous blends and sizes are reportedly in development at the firms K2 facility in British Columbia. The new products are reportedly the result of partners requesting the additional formats, with the firm now able to offer a wide range of product offers.

The Valens Company last traded at $1.97 on the TSX.


Information for this briefing was found via Sedar and The Valens Company. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Copper Juniors Could Explode After This Trade War Move | Christian Easterday – Hot Chili

Silver Is Rarer Than Gold, And the Market’s Waking Up | Shawn Khunkhun – Dolly Varden Silver

Gold Will Hit North of $4,000: Who’s Actually Producing? | Shane Williams – West Red Lake

Recommended

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Related News

Valens Signs New Contract Manufacturing Agreement

The Valens Company (TSX: VLNS) appears to be pulling ahead as the premier cannabis extractor...

Thursday, June 18, 2020, 08:54:03 AM

Canaccord Upgrades Valens Company Price Target Following US Entrance

The Valens Company (TSX: VLNS) was very busy over the course of the last week....

Sunday, May 2, 2021, 11:44:00 AM

Valens Company Completes Acquisition Of Lyf Food Tech

The Valens Company (TSX: VLNS) has officially closed the acquisition of LYF Food Technologies. The...

Friday, March 5, 2021, 07:28:26 AM

Valens Company Looks To Raise US$22.5 Million For “Strategic Growth Initiatives”

The Valens Company (TSX: VLNS) is doing what it can to keep its operation funded,...

Wednesday, March 30, 2022, 08:36:57 AM

Valens Company Applies For Nasdaq Listing, Looks To Consolidate Shares

The Valens Company (TSX: VLNS) appears to be in search of additional liquidity. The company...

Wednesday, April 28, 2021, 07:35:09 AM