KELOWNA, British Columbia – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company”), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, announced the launch of THC and CBD water-soluble drops under a custom manufacturing agreement with Verse Cannabis (“Verse”). The drops will join the Verse Originals lineup of best-in-class formulations offered at a great value.
Housed in compact 20ml bottles, the THC and the CBD flavourless drops come equipped with a precision dropper and dosing cap for drip-controlled dispensing. Consumers may blend the two separate products to create a customized THC/CBD ratio that offers a consistent and controlled user experience. Two drops of the premium, reinvented cannabis extracts equal approximately either 1mg THC or 1mg CBD.
Verse THC and CBD drops provide consumers a versatile form of consumption, ideal to mix with food, water, and non-alcoholic beverages, or to ingest directly orally or sublingually. Formulated using SōRSE™ by Valens water-soluble emulsification solution, the drops are free of cannabis colour, flavour, and odour, and are the first extract product format to enter the market powered with this award-winning technology.
Verse THC drops are currently available online and at select retailers in Alberta with British Columbia and Ontario to follow shortly after. Verse CBD drops are expected to be available online and at select retailers in the first quarter of 2021.
About The Valens Company
The Valens Company is a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products. The Valens Company is focused on being the partner of choice for leading Canadian and international cannabis brands by providing best-in-class, proprietary services including CO2, ethanol, hydrocarbon, solvent-less and terpene extraction, analytical testing, formulation and product development and custom manufacturing. Valens is the largest third-party extraction company in Canada with an annual capacity of 425,000 kg of dried cannabis and hemp biomass at our purpose-built facility in Kelowna, British Columbia which is in the process of becoming European Union (EU) Good Manufacturing Practices (GMP) compliant. The Valens Company currently offers a wide range of product formats, including tinctures, two-piece caps, soft gels, oral sprays and vape pens as well as beverages, concentrates, topicals, edibles, injectables, natural health products and has a strong pipeline of next-generation products in development for future release. Finally, The Valens Company’s wholly-owned subsidiary Valens Labs is a Health Canada licensed ISO 17025 accredited cannabis testing lab providing sector-leading analytical services and has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant-Based Science. For more information, please visit http://thevalenscompany.com. The Valens Company’s investor deck can be found specifically at http://thevalenscompany.com/investors/.
About Verse Cannabis
Introducing Verse… There is a clear need in the marketplace for Verse. On the one hand, beautifully branded and marketed flower-based brands line the shelves of cannabis stores nationwide. On the other hand, quality-obsessed craft products, fill the needs of those demanding more, but at a high price.
This is where the idea for Verse was born. An assortment of the highest quality cannabinoid-based Gen2 products accessible to all. A brand whose North Star would always be innovation and quality but values like realness and honesty would trump frills and gimmicks.
Like the verse of a song or poem, where creativity follows the rules of rhythm to become attractive to its listener, so does Verse, combining creative innovation with the rules of science to engineer extraordinary experiences for consumers.
