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Valens GroWorks Receives Processing License

VANCOUVER, B.C. - Valens GroWorks has been granted Health Canada approval for the manufacture and packaging of cannabis oil products for sale to Licensed Producers, Licensed Dealers and approved Clinical Trials.

Dr. Rob O'Brien, President and Chief Science Officer at Valens AgriTech said that being the first licensed dealer to receive formal approval to become a processor and manufacturer for LP's is a tremendous opportunity.

“Our proprietary process to generate 100% cannabis oil products without the use of solvents, and our distribution, marketing and sales agreement with Canopy Growth enables us to build immediate brand recognition,” he said.

The Company is also a final stage applicant for a Health Canada License to Produce under the medical patient-oriented Access to Cannabis for Medical Purposes Regulations which will allow them to better satisfy consumer demand.

Valens GroWorks is Canadian publicly traded biotechnology company with two wholly-owned subsidiaries, located at the Company's expanding 17,000 sq.ft. facility on two acres in Kelowna, B.C.

Subsidiary Valens Agritech is commencing cannabis production and sales under a Health Canada Dealer's License, and is also a late-stage license applicant to cultivate medical marijuana under the ACMPR for individual patients.