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Bullboard - Stock Discussion Forum Valens Company Inc (The) Ordinary Shares 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... see more

OTCQX:VLNCF - Post Discussion

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Post by temeraire on Jul 11, 2022 2:43pm

Quarter end

Pretty clear SP wants to go higher ....
Comment by Stonksonlyup90 on Jul 11, 2022 2:51pm
Partial short-covering ahead of ER? Could see a pop in next 2 days 
Comment by Stonksonlyup90 on Jul 11, 2022 2:52pm
Pretty thin up to $1.50 range it appears 
Comment by rghalifax on Jul 12, 2022 1:08pm
less than 1% of the float is shorted,can't see it mattering one way or the other....results is what is needed
Comment by rghalifax on Jul 12, 2022 1:18pm
It's a tough time...many companies are struggling.Hopefully Valens continues to gain market share and overall revenue growth.We'll see on wednesday.This company is dirt cheap for what it offers but still waiting on serious revenue growth...
Comment by Amateur123 on Jul 12, 2022 6:15pm
If I recall correctly they were predictng somewhere north of 3.2% of the Canadian Canabis market.  Assuming that is by revenue and not product volume they should be coming in around $32M/quarter +/- a bit in revenue per quarter looking forward (the full legal canadian market is in excess of $1 billion per quarter I believe).  
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