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Valens Company Inc (The) Ordinary Shares VLNS


Primary Symbol: VLNCF

The Valens Co Inc is a developer and manufacturer of cannabinoid-based products. The company's extraction methods are CO2, ethanol, hydrocarbon, solvent-less, and terpene extraction. Its products are Tinctures, Capsules, Beverages, and Vape cartridges among others. Its reportable segments are Cannabis operations, Analytical testing, and Corporate. The company has a business presence in Canada and other countries, and it generates a majority of revenue from the Cannabis operations segment.


OTCQX:VLNCF - Post by User

Comment by SIMPLICITI1on Dec 16, 2021 9:11am
63 Views
Post# 34236116

RE:Valens Company Sources $40.0 Million Term Loan To Fund Growt

RE:Valens Company Sources $40.0 Million Term Loan To Fund GrowtWell, if "To Fund Growth" means cash to support the ever expanding burn rate and past purchase obligations, then I guess its better than selling paper at these levels.

My guess is the new forecasts for the expanded enterprise are lower than they were when acquisitions were made. Ouch! 

Wish and a Prayer Management.






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