The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, today announced that it has entered into an agreement with the Manitoba Liquor & Lotteries Corporation to supply and distribute a wide range of cannabis products to LGCA-licensed private retailers in the Province of Manitoba. With this agreement, Valens expands its distribution network to five provinces in the country.
“Expanding our domestic distribution capabilities is one of our top strategic initiatives to drive growth this year and beyond,” said Tyler Robson, Chief Executive Officer, Co-Founder and Chair of The Valens Company. “Our entry into the Manitoba market takes us a step further toward capturing larger market share and bringing the Valens advantage to consumers in a new province, enabling greater access to our high-quality products across Canada.”
Valens has already shipped several products to the province, including A1 Cannabis’ Summit 10 THC beverages, Verse Cannabis’ Tropic Lemon and Sunset Peach vape carts and 1:20 CBD oil, with additional product formats across various categories expected to be shipped in the coming weeks.
In addition to Manitoba, the Company’s distribution network also includes Alberta, British Columbia, Ontario and Saskatchewan. Expansion into other Canadian provinces and territories, such as Quebec, is expected in the short-term as discussions continue with provincial and territorial boards and private retailers.
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