RE:RE:Valens to Acquire Citizen StashDigby8 wrote: Valens' experience with pre-rolls must be very good to date and they must foresee great growth in this sector. They seem to have changed their strategy somewhat as I recall Everett Knight saying several times that nobody recommends people smoking anything because of health concerns. I hope Valens isn't intent on becoming the Philip Morris of cannabis. That's certainly not why I am a shareholder. JMHO.
I'm guessing that this acquisition is going to allow Valens to sell their complete line of products directly to recreational users and medical patients, because Citizen Stash currently holds HC licenses for sales of:
- Plants / Seeds
- Dried / Fresh
- Extracts
- Edible
- Topical
to all categories: provincial retailers and distributors, as well as registered patients. Who needs Verse cannabis anymore? Valens will have their own brand, already fully licensed, and they'll be able to pump out hih-quality, low-cost products.