The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, today announced its entry into the Yukon market with a cannabis purchase and sale agreement with the Yukon Liquor Corporation (YLC).
The agreement allows for the sale and distribution of Valens-manufactured products to licensed cannabis retailers in Yukon and on Cannabis Yukon, Yukon Liquor Corporation’s ecommerce platform. Valens expects to bring a range of Cannabis 2.0 and 3.0 products to the Yukon market, which could include vapes, concentrates, beverages, topicals and edibles, expanding the variety of innovative formats available in the territory.
“Our entry into the Yukon market not only furthers our ability to capture market share in Canada, but also broadens the selection and quality of products that consumers in the territory can access,” said Tyler Robson, CEO, Co-Founder and Chair of The Valens Company. “We have made significant progress growing our cannabis distribution network and we expect to increase our national position in the short-term as we continue discussions with other private and government-regulated retailers across the country.”
Valens-manufactured products will be shipped to Yukon and available to consumers in the coming quarters.
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