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on October 21, 2022

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There is no denying the prevalence of CBD, and the market is growing in value.

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The Valens Company has strengthened its capacity to provide an extended product offering to domestic and international markets with the acquisition of Green Roads. Additionally , the acquisition gives a trusted and top-tier CBD health and wellness brand with a well-established manufacturing and distribution platform an immediate entry point into the US market . In 2021, the Green Roads Acquisition is anticipated to increase the company’s value. The transaction represents roughly 4.5x fiscal 2022 EBITDA if all Milestones are reached in 2022. Pro forma results in a company with total revenue of C$111.6M in 20204 from the union of Valens and Green Roads.a

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