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The Valens Company Reports Financial Results for the First Quarter of Fiscal 2021 News provided by Share this article Share this article 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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