The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc announced that it will commence trading on the Nasdaq Capital Market under the symbol ‘VLNS’ on December 9, 2021.
The Kelowna-based company said that it will continue to be listed and trade on the Toronto Stock Exchange (TSX) under the symbol ‘VLNS’, as well as on the OTCQX under the symbol ‘VLNCD’ until trading on Nasdaq commences.
READ: Valens says Pommies receives micro-processing licence from Health Canada for Greater Toronto Area Facility
"Our Nasdaq listing represents yet another important milestone that reflects our commitment to all of our shareholders as we continue to advance our global growth initiatives by capitalizing on the legalization of cannabis around the world and strengthening our corporate governance,” Tyler Robson, CEO of The Valens Company (TSX:VLNS, OTCQX:VLNCF) said.
He added: “Listing on Nasdaq is the next step to our capital markets strategy. We believe this listing will enable Valens and its shareholders greater access to liquidity, increased corporate visibility, and a broader shareholder base, in an effort to create long-term shareholder value."
The Valens Company is a leading manufacturer of cannabis products with a mission to bring the benefits of cannabis to the world. It provides proprietary cannabis processing services, in addition to product development, manufacturing, and commercialization of cannabis consumer packaged goods.
The company's products are formulated for the medical, health and wellness, and recreational consumer segments, and are offered across all cannabis product categories with a focus on quality and innovation.
Contact Ritika at ritika@proactiveinvestors.com