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Valens Groworks Corp

Valens Groworks Corp (VGW)

3.08
0.00
(0.00%)
Closed November 10 4:00PM

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Current Price
3.08
Bid
3.06
Ask
3.04
Volume
-
0.00 Day's Range 0.00
3.08 52 Week Range 3.08
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3.08
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Last Trade
Last Trade Time
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VWAP
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VGW Latest News

Valens Signs Multi-Year Cannabis Extraction Agreement with GTEC Holdings

Kelowna, BC -- Nov. 5, 2018 -- Investorshub NewsWire -- Valens GroWorks Corp. (CSE: VGW) (the "Company" or "Valens"), a multi-licensed, vertically integrated provider of cannabis...

Valens Announces Formation of Advisory Board

KELOWNA, BC -- Oct. 18, 2018 -- InvestorsHub NewsWire -- Valens GroWorks Corp. (CSE: VGW) (the "Company" or "Valens"), a multi-licensed, vertically...

Valens Receives ACMPR License From Health Canada

  Kelowna, BC -- October 16, 2018 -- InvestorsHub NewsWire -- Valens GroWorks Corp. ( CSE: VGW ) (the "Company" or "Valens"), a multi-licensed, vertically...

Valens Secures Exclusive Rights For IP & Beverage Brands With Tarukino Holdings Inc.

Kelowna, BC -- October 2, 2018 -- InvestorsHub NewsWire -- Valens GroWorks Corp. (CSE: VGW) (the "Company" or "Valens"), a multi-licensed, vertically integrated...

Valens GroWorks Finalizes Greenhouse Expansion Plans

Kelowna, B.C. -- June 20, 2018 -- InvestorsHub NewsWire -- Valens GroWorks Corp. (CSE: VGW) (the “Company” or “Valens”), a multi-licensed, vertically...

MJAC 2017 Speaker Update - How venture capital and cryptocurrency are converging as the future of cannabis investing

  Live at MJAC 2017 Saturday 2nd September - 4.05 PM on Streaming Stage F How venture capital and cryptocurrency are converging as the future of cannabis investing ...

PotNetwork Holdings, Inc Confirmed for MJAC 2017

    Book your ticket now for InvestorsHubs International Cannabis Conference       For a...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1003.083.083.0800CS
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12003.083.083.0800CS
26003.083.083.0800CS
52003.083.083.0800CS
156003.083.083.0800CS
260-0.03-0.964630225083.113.532.87613.10556075CS

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VGW Discussion

View Posts
gogtrader gogtrader 6 years ago
I think we will see 10-12 by end of year
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nowwhat2 nowwhat2 6 years ago
Thing's a flamin' frickin' Rocket !


"What is not to like here ?
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gogtrader gogtrader 6 years ago
Agree How much higher you think she goes ?
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nowwhat2 nowwhat2 6 years ago
Hmmmmm.....What's not to like here ?....

Looks like quite a bit of a Killer Chart .
One in which I'm sensing an upwards (albeit "fanning") trend.



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UnderOath-KY UnderOath-KY 6 years ago
NEWS OrganiGram
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Jdoggg Jdoggg 6 years ago
NEWS OUT! https://www.ftmig.com/company-news-releases/valens-launches-valens-labs-and-sells-supra-to-australian-based-rotogro-for-11000000/
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Bulldog7272 Bulldog7272 6 years ago
Up 10% pre. Looking good
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singhinvestor16 singhinvestor16 6 years ago
There was a bit of a correction yesterday. I heard something fairly funny recently. Tyler Robson is a multi millionaire experienced grower who is loving the legislation which is about to make his activities completely legal. With Tyler's experience and the management team he put together, the sky is the limit.
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ctbonanza77 ctbonanza77 6 years ago
I agree and read about it on another board. Saw them get some publicity on the Aphria board.
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tomcutah tomcutah 6 years ago
Since you made that call, it is amazing what has happened. Valens is really attracting the attention of smart money from the United States.
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UP Trend UP Trend 6 years ago
Grrrr.. let this one slip away. Nice move.
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plceo100 plceo100 6 years ago
Great post and I agree. The Valens story and the business plan will allow the company to be successful after the cannabis craze is over. My guess is that there will be 5-8 players left standing in the end. Valens should be one.
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tomcutah tomcutah 6 years ago
This a great article. The Canadian cannabis industry is here to stay.

https://investingnews.com/innspired/canada-modern-cannabis-indoor-facilities-construction-demand/
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singhinvestor16 singhinvestor16 6 years ago
The export market for CBD and cannabis will be a bigger opportunity for Canadian cannabis companies than the domestic opportunity. Since some companies like Valens are really focusing on the production and extraction of high quality cannabinoids, I believe the export opportunity will be very large.
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singhinvestor16 singhinvestor16 6 years ago
I was up in Canada recently and the municipalities are expecting a shortfall of supply as there is a rush for medical and recreational cannabis going forward. October will be an interesting month for Valens as well as many Canadian cannabis companies. However, companies with low market caps will be the most attractive.
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plceo100 plceo100 6 years ago
That is all true but they will attract even bigger money. Cannabis is a buzz word in North America but there will be a shifting of real vs. promotion and this is one of the real ones. That is my opinion.
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singhinvestor16 singhinvestor16 6 years ago
Valens Groworks has bottomed here. Not saying that they don't need more money. However, no aggressive money raises will be done at the current price level.
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singhinvestor16 singhinvestor16 6 years ago
There is a pullback in the stock price. Remains one of the lowest market cap plays in the Canadian cannabis stratosphere.
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tomcutah tomcutah 6 years ago
Growing cannabis without having processing capabilities misses half the profit pie. Valens has both which I love.
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pennymanking pennymanking 6 years ago
I would like to visit the plant in Kelowna. Cannabis stocks will run the first half of 2019 in my opinion.
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franklyinvesting franklyinvesting 6 years ago
He is a great grower who is going to be the next generation of cannabis billionaires. Look at management team. Undervalued compared to most Canadian cannabis plays.
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singhinvestor16 singhinvestor16 6 years ago
Interview with Tyler Robson is a good interview.

https://investingnews.com/daily/resource-investing/agriculture-investing/cannabis-investing/valens-groworks-ceo-interviewed-on-midas-letter-live/
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tomcutah tomcutah 6 years ago
There a few Canadian cannabis companies that are priced fairly. There a few that are steals. This may be the latter.
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plceo100 plceo100 6 years ago
That is Maricann and that is after the deal was cancelled earlier in the year. I agree. Much strength in sector.
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tonotfootball tonotfootball 6 years ago
Just saw another Canadian marijuana company announce a raise of $40 million through Cannacord. Money continues to pour into Canadian-based marijuana plays. Love it and only a matter of time before these stocks make a move.
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pennymanking pennymanking 6 years ago
People forget about this relationship.

https://www.prnewswire.com/news-releases/valens-groworks-signs-craftgrow-deal-with-canopy-growth-649644703.html
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singhinvestor16 singhinvestor16 6 years ago
I recently heard that Valens may be shooting to have more extraction capacity than any other company in North America. If they meet that goal, it should be interesting because I expect to see the MH's and Nutiva's of the world get into the extract business and that spells well for Valens. They'll probably use Valens.
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singhinvestor16 singhinvestor16 6 years ago
To all, I am working on valuation table compared to other companies in the space in Canada.
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tomcutah tomcutah 6 years ago
I think the Canadian market will get interesting. What is profoundly interesting is the amount of money that has flowed into the Canadian cannabis companies. These companies are being funded institutionally.
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plceo100 plceo100 6 years ago
That is a great article and I agree 100%. It will be interesting to see if the same moves are made as here in the states in 2013 and 2014.
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lutethegreat lutethegreat 6 years ago
I just read a fantastic article:

https://money.usnews.com/investing/stock-market-news/articles/2018-07-09/canadian-cannabis-stocks-set-to-surge-in-fall
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tomcutah tomcutah 6 years ago
Real management team being put together here. That is half the battle. The corporate structure is in place to build a real company with a lasting culture and legacy as opposed to just selling some product.
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singhinvestor16 singhinvestor16 6 years ago
As discussed, I am putting together a list of Canadian cannabis companies that are publicly traded. This will be one of the better values across the board.

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ctbonanza77 ctbonanza77 6 years ago
I love the fact that this company is getting involved on the extraction side. Although I firmly believe that science has a long way to go to understand what cannabinoid does what, the fact is that there is a huge market for isolates such as CBD. Valens is approaching this very intelligently.
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plceo100 plceo100 6 years ago
I just read about Valens on another board. This stock looks cheap. Are they involved in CBD?
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tomcutah tomcutah 6 years ago
I am interested in seeing how this compares to each and every Canadian cannabis play. My guess is that it is one of the cheapest. I see you also follow Aphria. This is less than 5 percent the valuation of the big companies. I looked at the website and it looks like a real management team and not just a promotion. I'll take a shot. Could do real well if they execute on the greenhouse plans.
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pennymanking pennymanking 6 years ago
I am looking forward to seeing that. Canada cannabis will be the winner for 2018. As we head into the third quarter which is now, people are going to accumulate in anticipation of a cannabis boom in Canada.
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singhinvestor16 singhinvestor16 6 years ago
I am putting together a post for valuations of Canadian cannabis companies as compared to Valens and the disparity in valuations is shocking. Investors will discover Valens!!!.
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tomcutah tomcutah 6 years ago
This is dirt cheap compared to most of the Canadian cannabis plays. I will buy it on the TSX Venture. Thanks. Good call.
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singhinvestor16 singhinvestor16 6 years ago
Valens Groworks and Cronos are my favorite Canadian cannabis plays. Valens is trading at a fraction of the price of Cronos.
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singhinvestor16 singhinvestor16 6 years ago
Valens Groworks Attracting Big Money

There is an interesting pattern developing in the cannabis market. I have noticed about 5 stock market plays in the United States where highly successful real estate developers have created a hybrid partnership with cannabis companies. The end result is a world class commercial real estate play dedicated to cannabis cultivation.

Any commercial real estate developer knows that long-term tenants are a key part of the formula of a successful real estate venture in the commercial real estate market. Some market experts say which I believe that cannabis is the next great American market which will become the next great world market. It may in time dwarf the tobacco market. Large commercial real estate money is now flowing into the cannabis market. In other words, smart money with deep pockets is flowing into the cannabis market. I would suggest to look at these public companies that are forming these partnerships.

Take a look at Kosha in the press release below and as you can see, this is exactly what is happening with Valens. In one particular opportunity, I was part of a discussion with a multi-billion dollar Los-Angeles-based commercial real estate developer building a facility for the express purpose of partnering with a cannabis play.

Valens Groworks seems to be doing the same thing. Here is the press release.

Valens Groworks Finalizes Greenhouse Production Plans

Kelowna, B.C. -- June 20, 2018 -- InvestorsHub NewsWire -- Valens GroWorks Corp. (CSE: VGW) (the “Company” or “Valens”), a multi-licensed, vertically integrated provider of cannabis products and services utilizing proprietary extraction processes, is pleased to provide an update on subsidiary Valens Farms’ state-of-the-art, purpose-built 400,000 sq ft, expandable (to 800,000 sq ft) cannabis cultivation and production facility, currently under development.

“I am extremely excited to confirm the following highlights and key participants brought together to complete the Valens Farms facility.” said Tyler Robson, Valens CEO. “The intent is to build a facility nothing short of world-class as Valens continues to evolve into a vertically-integrated provider of Valens-branded cannabis consumer products with the ability to quality control every batch of input.”

About Valens Farms - $75,000,000 joint venture development of prime acreage with a purpose-built, state-of-the-art, European GMP-certified cultivation center within the municipality of the City of Armstrong.

• Phase 1 buildout to 400,000 sq ft (permitted for up to 800,000 sq ft);
• Zero cash outlay for Valens, with Kosha contributing 100% of land, building and equipment costs;
• All hard assets will be split 50/50 between Kosha and Valens, thereby providing $37.5 million of net assets to Valens’ balance sheet with no cash outlay or liability incurred;
• Valens’ current Dealers License and GMP-certified facility in Kelowna is leveraged through Valens Farms’ production, enhancing opportunities to export cannabis products internationally;
• Initial crop planting at joint venture facility is expected in Q4 2018, with Valens and Kosha to split profits on a 50/50 basis following cost recovery by Kosha;
• Valens Farms is expecting Phase 1 production of up to 56,000 kg per year of premium monocrop cannabis, primarily for extraction purposes. Monocropping minimizes grow time, allows greater crop turnover, and is expected to enhance profit margins;
• Subsidiary Valens Agritech will extract cannabis all produced at Valens Farms for further processing into higher-margin Valens-branded products for medical, as well as the expected recreational cannabis markets in Canada and internationally.
Valens Farms has contracted a proven, professional team to help reach its objective of capitalizing on a systematic and efficient growing approach that enhances productivity and efficiency and reduces waste and maintenance costs in comparison to a retrofitting of existing buildings approach.

In addition to the specific contributions and skillsets of each of the partners, the following are some of the key contributors to the Valens Farms buildout:

• Nexus Greenhouse Systems is an industry leader in greenhouse construction, with 50 years of in-house engineering experience and the successful installation of many cannabis greenhouse projects all over North America. Their System 420TM hybrid greenhouses offer engineering excellence and high-quality design. Greenhouse growing allows Valens Farms to maximize the use of natural sunlight along with supplementary lighting to grow vigorous, lush crops while reducing production utility bills by up to 75%.
• DIRTT Environmental Solutions is designing and constructing the headhouse. They are known for constructing quality special-purpose interiors efficiently, which conforms to our aggressive build-out strategy and GMP certification process. The headhouse will be fully integrated with our automated intelligence systems, providing the ability to maintain perfect environmental control within dedicated drying/curing and product storage rooms.
• Argus Controls is providing an advanced environmental control system customized to our requirements, and adaptable to changing needs, enabling our team to set and maintain optimal conditions to efficiently and consistently grow cannabis of the highest quality.
• Dramm Corporation is providing fully automated irrigation systems with the ability to precisely fertigate our plants multiple times a day, substantially reducing the cost of labor. Utilizing Dramm's option for water reclamation, we will minimize costs as well as our environmental footprint.
• PIPP Horticulture has been contracted to provide solutions that maximize our grow space by taking advantage of generally unused vertical square footage, particularly in our mother and vegetative grow rooms.
• Hove’s Canna Gutter Bench is providing additional solutions to help maximize grow space and work efficiency through the aid of rolling benches, taking usable grow space from 60% to as much as 90% while significantly aiding workers’ flow and ergonomics.

About Valens GroWorks

Valens GroWorks Corp. is a vertically integrated provider of Canadian cannabis products developed from our proprietary extraction techniques, with three wholly-owned subsidiaries located in and around Kelowna, BC. Subsidiary Valens Agritech has initiated cannabis production, processing and sales under a Health Canada Dealer’s Licence, which includes a supply agreement with Canopy Growth Corporation under their extensive CraftGrow distribution network. Subsidiary Supra THC Services is a Health Canada licensed ISO 17025 accredited cannabis testing lab providing sector-leading analytical services and has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant Based Medicine Analytics. Subsidiary Valens Farms is in the process of becoming a purpose-built facility in compliance with European Union (EU) Good Manufacturing Practices (GMP) standards, ensuring the product from this facility can be exported anywhere in the world where Cannabis is nationally legal for medical or adult usage purposes. For more information, please visit http://valensgroworks.com, http://www.valensagritech.com and http://www.suprathc.ca.

About Kosha Projects

Kosha’s principal, Ashley McGrath, has been involved in real estate development for 14 years as the president and owner of Glencoe Developments Inc. He has overseen all facets of the development business from land acquisition, planning, construction, finance and sales for over 850,000 square feet of development space. He owns and oversees the management of a $22.5 million rental portfolio of residential and commercial real estate. Mr. McGrath is also a shareholder in agribusiness operating over 400,000 square feet of indoor livestock production as well as a 23,000-acre grain farm.

For further information, please contact:

Scott Young
Telephone: +1.705.888.2756

Notice regarding Forward Looking Statements

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as “anticipates”, "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", “positioned” and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

The CSE or other regulatory authority has not reviewed, approved or disapproved the contents of this press release. We seek Safe Harbour.




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singhinvestor16 singhinvestor16 6 years ago
2018 will be the year for Canadian Cannabis Plays. The fall may be 2014 all over again.
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singhinvestor16 singhinvestor16 6 years ago
This may be the cheapest Canadian cannabis play and there are some real market pros helping this company raise capital.
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NYOptionsGuy NYOptionsGuy 7 years ago
Valens GroWorks Creates Valens Farms subsidiary

SOURCE: https://www.dailymarijuanaobserver.com/single-post/2018/04/11/VGW-Valens-GroWorks-Creates-Valens-Farms-subsidiary

VANCOUVER, April 11, 2018 /CNW/ - Valens GroWorks Corp. (CSE:VGW) (the "Company" or "Valens"), a multi-licensed, vertically integrated cannabis company specializing in extraction, processing and premium quality cultivation is pleased to announce the creation of a new subsidiary company, Valens Farms, to commercially produce premium quality specialty-strain cannabis using dedicated, sustainable monocropping technology, and to further expand our supercritical CO2-extracted cannabis oil capacity.



"This is a pivotal initiative for the Okanagan Valley, for British Columbia, the Canadian cannabis sector, and our goal of providing premium cannabis and derivatives to the world's natural health products industry," said Tyler Robson, CEO of Valens GroWorks. "We are very proud of what Valens Farms represents, as an important contributor to the local economy through investments and job creation, and as a partner in our previously announced Centre of Excellence in Plant Based Medicine Analytics initiative underway in nearby Kelowna."



Valens Farms enters into Joint Venture with Kosha Projects Inc.



Valens Farms is pleased to announce that it has broken ground and initiated construction on a purpose-built $75 million 400,000 square foot commercial cannabis production facility, being built in joint venture partnership with Kosha Projects Inc. ("Kosha"). The municipality of the City of Armstrong has approved the building of up to 851,200 square feet of greenhouse and indoor facilities, representing 40% site coverage on the 50-acre property currently owned by Kosha.



Ashley McGrath, President of Kosha states "I feel very fortunate to have the opportunity to work with a company that is passionate about what they do, about the products they produce, and has a particular focus on innovation and value. Valens benefits from our real estate planning and development experience and as an off-balance sheet funding source, and we in turn participate in the exciting growth potential of this nascent industry."



The joint venture partnership will see Kosha contribute the land and all facility development and construction costs and related expertise. Valens will provide design and outfitting inputs, budgetary guidance, consulting and advisory services during construction and development of the facility.



Valens Farms will operate the facility to commercially produce premium quality cannabis and expand the Company's supercritical CO2-extracted cannabis oil capacity. Upon initial construction and development cost recoupment by Kosha, each of Valens Farms and Kosha are entitled to 50% of the revenues earned, and a 50% interest in all the assets connected therewith.



About Valens Farms

Valens Farms is a wholly-owned subsidiary established to develop purpose-built cannabis-specific facilities to enable sustainable closed-system premium hybrid cannabis production of our specialty strains, where Valens' Master Growers can control the fundamentals from day one, rather than converting a greenhouse built for other purposes.



The first initiative for Valens Farms is to complete a 400,000 square foot controlled-environment strain-segregated hybrid greenhouse as part of a large-scale indoor facility on the 50-acre property through its joint venture with Kosha. All-in development costs to Kosha are estimated at $75 million. This property also allows for additional expansion beyond the current 40% site coverage limitation should the City of Armstrong recognise cannabis greenhouse cultivation similarly to other crop greenhouse operations, currently allowed 75% site coverage. Also, once Health Canada approves outdoor cultivation as anticipated, significant additional cannabis under cultivation is enabled, unbounded by current site coverage restrictions, which provides the Company with increased control over cannabis supply dedicated to our extraction capacity. Valens Farms is positioning to be the first partnership to serve the international medical cannabis market as well as the upcoming adult use Canadian recreational market.



About Kosha Projects

Kosha's principal is Ashley McGrath who has been involved in real estate development for 14 years as the president and owner of Glencoe Developments Inc. He has overseen all facets of the development business from land acquisition, planning, construction, finance and sales for over 850,000 square feet of development space. He owns and oversees the management of a $22.5 million rental portfolio of residential and commercial real estate. Mr. McGrath is also a shareholder in agribusiness operating over 400,000 square feet of indoor livestock production as well as a 23,000-acre grain farm.



About Valens GroWorks

Valens GroWorks is a multi-licensed, vertically integrated provider of Canadian cannabis products located in Kelowna, British Columbia. Subsidiary Valens Agritech has initiated cannabis production, processing and sales under a Health Canada Dealers Licence, which includes a supply agreement with Canopy Growth Corporation (TSX:WEED) under their extensive CraftGrow distribution network. Subsidiary Supra THC Services is a Health Canada licensed cannabis testing lab providing sector-leading analytical services and has partnered to develop a Centre of Excellence in Plant Based Medicine Analytics. For more information, please visit http://valensgroworks.com,

http://www.valensagritech.com and http://www.suprathc.ca.



On behalf of the Board of Directors,
VALENS GROWORKS CORP.



(signed) "Tyler Robson"
Chief Executive Officer



Notice regarding Forward Looking Statements



This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

The CSE or other regulatory authority has not reviewed, approved or disapproved the contents of this press release. We seek Safe Harbour.
👍️0
gogtrader gogtrader 7 years ago
Valens GroWorks Announces Receipt of Dealer's Licence

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/18/17 -- Valens
GroWorks Corp. (CSE: VGW)(CSE: VGW.CN)(CNSX: VGW) (the "Company" or
"Valens") is pleased to announce Valens Agritech Ltd. ("VAL"), a
wholly owned subsidiary of the Company, has received a Dealer's
Licence pursuant to the provisions of the Controlled Drugs and
Substances Act and its Regulations and will now begin operations. The
issuance of the licence follows an extensive multi-year process that
included application, design, construction and security clearance of
key personnel.

Licensed activities will occur in VAL's 17,000 square foot production
facility located on two acres in Kelowna, British Columbia. VAL will
be able to conduct research and possess, produce and package cannabis
and cannabis derivatives. It can also undertake research and begin
development of products for future market opportunities.

"Pursuing and achieving this Dealers Licence reinforces our strong
commitment to the science and opportunities presented by this amazing
plant," said Tyler Robson, CEO of Valens GroWorks. Dr. Rob O'Brien,
President and Chief Science Officer of Valens Agritech added "This is
a critical milestone for Valens as it enables us to optimize our
process for growing the highest quality cannabis plant material and
converting this to oils and other derivatives."

About Valens GroWorks Corp.

Valens GroWorks Corp is a CSE-listed company with an aggressive
acquisition strategy in progress, financing the proposed buildout of
late-stage LP applicant Royal Green Acres Manufacturing, the
expansion of a third party's fully licensed operations in Arizona, as
well as providing management, consulting, testing and support
services to domestic and international licensees.

The Company has two wholly-owned subsidiaries based in the Okanagan
Valley of British Columbia: 1) Valens Agritech Ltd. ("VAL") which now
holds a Controlled Drugs and Substances Dealers Licence, and 2) Supra
THC Services Inc. ("Supra"), a Health Canada Dealers-Licensed
cannabis testing lab with an established scientific team supporting
its operations, positioning to provide sector-leading analytical and
proprietary services to Licensed Producers and ACMPR patients.

On behalf of the Board of Directors,

VALENS GROWORKS CORP.

Robert van Santen, Chief Financial Officer

Notice regarding Forward Looking Statements

This news release contains forward-looking statements. Often, but not
always, forward-looking statements can be identified by the use of
words such as "plans", "expects" or "does not expect", "is expected",
"estimates", "intends", "anticipates" or is "anticipating", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. Forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Company or its subsidiaries to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Examples of such statements include
statements regarding the use of proceeds from a proposed funding.
Such forward-looking statements are based on a number of assumptions
which may prove to be incorrect, including, but not limited to: the
ability to obtain any necessary financing; the economy generally;
competition; regulation and anticipated and unanticipated costs and
delays. The forward-looking statements included in this news release
are made as of the date of this news release and the Company does not
undertake an obligation to publicly update such forward-looking
statements to reflect new information, subsequent events or otherwise
unless required by applicable securities legislation. Neither the
Canadian Securities Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of this
release. We seek safe harbor.

Contacts:
Greg
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