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The Valens Company Inc says it has found a new CFO, CCO and two board members in management transformation


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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The Valens Company Announces Appointments to Management Team and Nominations to Board of Directors


The Valens Company Announces Appointments to Management Team and Nominations to Board of Directors
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Sunil Gandhi appointed to Chief Financial Officer and Adam Shea appointed to Chief Commercial Officer
Independent nominees Dr. Guy Beaudin, executive leadership advisor, and Drew Wolff, former Starbucks executive, to stand for election to Board of Directors
Independent Director Nitin Kaushal to step down following valued contributions to Valens Board since 2018
KELOWNA, BC, May 5, 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 the appointments of Sunil Gandhi as its Chief Financial Officer and Adam Shea as its Chief Commercial Officer, effective May 17, 2021. Additionally, the Company also announced that it has nominated Dr. Guy Beaudin, Senior Partner at RHR International, and Drew ....

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The Valens Company Reports Financial Results for the First Quarter of Fiscal 2021


The Valens Company Reports Financial Results for the First Quarter of Fiscal 2021
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Net revenue of $20.0 million in Q1 2021, up 24.7% versus $16.0 million in Q4 2020
Q1 2021 provincial sales growth of 7.6% quarter over quarter amid provincial inventory rightsizing initiatives across the sector
Estimated share of the extract-based market increased to ~5.5% in Alberta, British Columbia and Ontario in Q1 2021 from ~4.9% in Q4 2020, based on Headset data and not including B2B LP manufacturing
Manufactured approximately 1.4 million units of finished goods over the twelve months ended February 28, 2021
KELOWNA, BC, April 14, 2021 /PRNewswire/ -
The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the Company, The Valens Company or Valens ), a leading manufacturer of cannabis products, is pleased to report its first quarter financial results for the period ended February 28, 2021. ....

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