The Daily Courier

Kelowna cannabis company Valens diversifie­s once more

- — The oz (okanaganz.com)

The question has become what can’t The Valens Company do?

Valens has now received an amendment to its existing Health Canada standard processing licence that allows it to sell dried cannabis products.

A variety of pre-roll formats in different blends and sizes are under developmen­t at its newly operationa­l KS facility in Kelowna, the company says in a statement.

Valens recently announced its acquisitio­n of edibles maker, LYF. They also have a number of whitelabel agreements to produce concentrat­es, drinks, vapes, oils, drops, topicals and other types of extract products. And they operate a lab.

They are one of the most diversifie­d companies in the cannabis industry.

“At the request of our partners we are increasing our product offering to include pre-rolls and next generation dried cannabis products,” says Valens’ co-founder, CEO and chairman Tyler Robson.

“We believe that this licence, paired with our lowcost platform, will drive a competitiv­e advantage for our partners in a category with price sensitive consumers.”

The company says it has an edge in the market with its access to “competitiv­ely priced fresh and dried cannabis sources.”

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