#Pommie cost free#

Upon commencing commercial operations at the GTA Facility, Valens will seek to grow its market share in the beverage category by accelerating the penetration of its internal brand portfolio, increasing its partnership network and expanding its product portfolios with existing customers. In Q3 2021, Valens' estimated share of the cannabis-infused beverage category grew to approximately 9.0% from 5.5% in Q1 2021 in Alberta, British Columbia, and Ontario, based on Hifyre data, with only one customer in this category to date. Valens R&D team has been active in formulating new products soon to be available in the Canadian market and is excited to introduce its innovative pipeline into the beverage and other 2.0 and 3.0 categories.

#Pommie cost free#

Products developed and manufactured in the GTA facility will utilize Valens' powered by SЕЌRSE в„ў emulsion technology, resulting in consumer products that are free of cannabis taste and aroma with predictable onset and offset timing. This is anticipated to enhance margins on beverages as they are currently being manufactured out of Valens' Kelowna campus in Western Canada. This positioning provides for optimal shipping into Canada's largest markets while utilizing significant amounts of automation. The facility is strategically positioned north of Toronto and near Pearson International Airport. The facility is right sized for the Canadian cannabis industry today and was designed with ample space for expansion if and when required, with minimal additional capital expenditures.

The facility can support 8 million units per year on a single shift and can produce cannabis-infused beverages in both cans and PET bottles across various sizes and formats including carbonated and non-carbonated juices and waters, drops and single shots. The GTA Facility provides Valens with an additional 30,000 square feet of licensed production and manufacturing space to execute on its cannabis-infused beverage commercialization and distribution strategy. With this licence, Valens active manufacturing platform now extends from Western to Eastern Canada, increasing speed-to-market capabilities while optimizing distribution cost-savings and efficiencies. 22, 2021 /PRNewswire/ - The Valens Company Inc.В (TSX: VLNS) (OTCQX: VLNCF) (the 'Company,' 'The Valens Company' or 'Valens'), a leading manufacturer of cannabis products, today announced that Pommies (otherwise known as Southern Cliff Brands) has been issued a micro-processing licence from Health Canada for its manufacturing facility located in the Greater Toronto Area (the 'GTA Facility').