Frequent Shares are Now Buying and selling Beneath the Ticker “VLNS”
KELOWNA, BC, Dec. 9, 2021 /PRNewswire/ – The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS) (the “Firm” “The Valens Firm” or “Valens”), a number one producer of hashish merchandise, declares that the Firm’s frequent shares have commenced buying and selling on Nasdaq Capital Market (“Nasdaq”) as of market open right now, December 9, 2021. Shareholders are usually not required to take any motion on account of the up-listing and image change.
Tyler Robson, Chief Govt Officer and Chair of The Valens Firm mentioned, “Our Nasdaq itemizing represents yet one more essential milestone that displays our dedication to all of our shareholders as we proceed to advance our world development initiatives by capitalizing on the legalization of hashish all over the world and strengthening our company governance. I am exceptionally happy with our workforce and the platform we’ve got constructed right here in Canada, we are going to proceed to construct an organization targeted on product innovation and advancing our mental property to create merchandise that customers take pleasure in. Itemizing on Nasdaq is the subsequent step to our capital markets technique. We imagine this itemizing will allow Valens and its shareholders better entry to liquidity, elevated company visibility, and a broader shareholder base, in an effort to create long-term shareholder worth.”
The Firm’s itemizing on Nasdaq stays topic to satisfaction of all relevant itemizing and regulatory necessities. Along side this Nasdaq itemizing, Valens’ frequent shares will grow to be DWAC/FAST eligible for U.S. shareholders.
At Valens, it is Private.
About The Valens Firm
The Valens Firm is a number one producer of hashish merchandise with a mission to convey the advantages of hashish to the world. The Firm offers proprietary hashish processing providers, along with best-in-class product improvement, manufacturing, and commercialization of hashish client packaged items. The Valens Firm’s high-quality merchandise are formulated for the medical, well being and wellness, and leisure client segments, and are supplied throughout all hashish product classes with a concentrate on high quality and innovation. The Firm additionally manufactures, distributes, and sells a variety of CBD merchandise in america by way of its subsidiary Inexperienced Roads, and distributes medicinal hashish merchandise to Australia by way of its subsidiary Valens Australia. In partnership with model homes, client packaged items firms and licensed hashish producers across the globe, the Firm continues to develop its numerous product portfolio in alignment with evolving hashish client preferences in key markets. By way of Valens Labs, the Firm is setting the usual in hashish testing and analysis and improvement with Canada’s solely ISO17025 accredited analytical providers lab, named The Centre of Excellence in Plant-Primarily based Science by accomplice and scientific world chief Thermo Fisher Scientific. Uncover extra on The Valens Firm at http://www.thevalenscompany.com.
Discover concerning Ahead Trying Statements
All info included on this press launch, together with any info as to the longer term monetary or working efficiency and different statements of The Valens Firm that categorical administration’s expectations or estimates of future efficiency, apart from statements of historic truth, represent forward-looking info or forward-looking statements inside the that means of relevant securities legal guidelines and are based mostly on expectations, estimates and projections as of the date hereof. Ahead-looking statements are included for the aim of offering details about administration’s present expectations and plans regarding the longer term. Wherever potential, phrases reminiscent of “plans”, “expects”, “scheduled”, “tendencies”, “forecasts”, “future”, “indications”, “potential”, “estimates”, “predicts”, “anticipate”, “to ascertain”, “imagine”, “intend”, “skill to”, or statements that sure actions, occasions or outcomes “could”, “ought to”, “might”, “would”, “would possibly”, “will”, or are “possible” to be taken, happen or be achieved, or the detrimental of those phrases or different variations thereof, have been used to establish such forward-looking info. Particular forward-looking statements embrace, with out limitation, all disclosure concerning future outcomes of operations, future outcomes of transactions, financial situations, and anticipated programs of motion. Buyers and different events are suggested that there’s not essentially any correlation between the variety of SKUs manufactured and shipped and income and revenue, and undue reliance shouldn’t be positioned on such info.
The dangers and uncertainties which will have an effect on forward-looking statements embrace, amongst others, Canadian regulatory threat, Australian regulatory threat, U.S. regulatory threat, U.S. border crossing and journey bans, the uncertainties, results of and responses to the COVID-19 pandemic, reliance on licenses, enlargement of amenities, competitors, dependence on provide of hashish and reliance on different key inputs, dependence on senior administration and key personnel, normal enterprise threat and legal responsibility, regulation of the hashish business, change in legal guidelines, laws and pointers, compliance with legal guidelines, restricted working historical past, vulnerability to rising vitality prices, unfavourable publicity or client notion, product legal responsibility, dangers associated to mental property, product recollects, difficulties with forecasts, administration of development and litigation, a lot of that are past the management of The Valens Firm. For a extra complete dialogue of the dangers confronted by The Valens Firm, and which can trigger the precise monetary outcomes, efficiency or achievements of The Valens Firm to be materially completely different from estimated future outcomes, efficiency or achievements expressed or implied by forward-looking info or forward-looking statements, please seek advice from The Valens Firm’s newest Annual Info Kind filed with Canadian securities regulatory authorities at www.sedar.com or on The Valens Firm’s web site at www.thevalenscompany.com. The dangers described in such Annual Info Kind are hereby included by reference herein. Though the forward-looking statements contained herein replicate administration’s present beliefs and cheap assumptions based mostly upon info obtainable to administration as of the date hereof, The Valens Firm can’t be sure that precise outcomes will probably be in keeping with such forward-looking info. The Valens Firm cautions you to not place undue reliance upon any such forward-looking statements. The Valens Firm disclaims any intention or obligation to replace or revise any forward-looking statements whether or not on account of new info, future occasions or in any other case, besides as required by relevant legislation. Nothing herein ought to be construed as both a suggestion to promote or a solicitation to purchase or promote securities of The Valens Firm.
SOURCE The Valens Firm Inc.