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The Valens Company Inc in expansion mode with entry into New Brunswick cannabis market
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The Valens Company Continues Domestic Expansion with Entry into New Brunswick Cannabis Market
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KELOWNA, BC, May 19, 2021 /PRNewswire/ -
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 received its first purchase order for Valens-manufactured products from Cannabis NB, a subsidiary of
New Brunswick Liquor Corporation (ANBL) and the only legal recreational cannabis retailer in New Brunswick. With this purchase order, The Valens Company becomes an official supplier of cannabis products in the Province of New Brunswick. Our expansion into New Brunswick marks the third regional market we have entered since the beginning of 2021– a milestone we are incredibly proud of, said Tyler Robson, Chief Executive Officer, Co-Founder and Chair of The Valens Company. While we recently announced our first foray into the CBD mar
Valens Shakes Up Leadership Team
The Valens Company Inc. (TSX:VLNS) (OTCQX: VLNCF) has recently appointed Sunil Gandhi as its chief financial officer and Adam Shea as chief commercial officer.
Gandhi, who agreed to oversee the financial department of the British Columbia-based company, has over 25 years of experience in corporate and operational finance across consumer packaged goods and alcohol beverage industries. He previously served as CFO at Trophy Foods, Inc.
Shea brings more than 16 years of experience in commercial strategy in different consumer-focused companies within the food, beverage, tobacco, and cosmetics industries. Prior to joining Valens, he served as vice president and general manager at North American Foodservice of Weston Foods Ltd.
Valens says it has found a new CFO, CCO and two board members in management transformation
The management team changes are effective May 17, and the directors will stand for election on May 25 Current CFO Chris Buysen will transition to a new role
The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) has announced a slew of management team and board of directors moves, including the appointments of Sunil Gandhi as its CFO and Adam Shea as its Chief Commercial Officer, both effective May 17.
The company also said it has nominated Guy Beaudin, senior partner at RHR International, and Drew Wolff, former VP and CFO of international and channel development at Starbucks Coffee Company, for election to its board of directors. Voting will occur at Valens’ annual meeting of shareholders on May 25. Nitin Kaushal has decided not to stand for re-election after serving as an independent director since 2018.
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