The Valens Company Commences Trading on Nasdaq Capital Market

The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, announces that the Company’s common shares have commenced trading on Nasdaq Capital Market (“Nasdaq”) as of market open today, December 9, 2021. Shareholders are not required to take any action as a result of the up-listing and symbol change.

Tyler Robson, Chief Executive Officer and Chair of The Valens Company said, “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. I’m exceptionally proud of our team and the platform we have built here in Canada. Looking forward, we will continue to build a company focused on product innovation and advancing our intellectual property to create products that consumers enjoy. 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 Company’s listing on Nasdaq remains subject to satisfaction of all applicable listing and regulatory requirements. In conjunction with this Nasdaq listing, Valens’ common shares will become DWAC/FAST eligible for U.S. shareholders.

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