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The Valens Company Reports Financial Results for the First Quarter of Fiscal 2021


The Valens Company Reports Financial Results for the First Quarter of Fiscal 2021
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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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Wednesday's analyst upgrades and downgrades - The Globe and Mail


The Globe and Mail
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Inside the Market’s roundup of some of today’s key analyst actions
ARC Resources Ltd.’s (ARX-T) $8.1-billion merger with
Seven Generations Energy Ltd. creates a “premier low-cost, Montney producer that should be able to recognize substantial cost savings going forward,” according to iA Capital Markets analyst Michael Charlton.
Following Tuesday’s close of the combination of Alberta-based producers, Mr. Charlton thinks ARC “has no shortage of runway ahead” with more than 1 million acres in the Montney Formation to develop as “the dominant condensate producer in Canada, the third-largest natural gas producer, and sixth-largest upstreamer.” ....

United States , British Columbia , Mark Dwelle , Ovais Habib , Greg Barnes , Scotia Konark Gupta , John Chu , Jamie Kubik , Benoit Laprade , Michael Charlton , Sean Steuart , Fairfax Financial Holdings Ltd , National Bank Vishal Shreehar , First Majestic Silver Corp , Fraser Timber Co Ltd , Canfor Pulp Products Inc , Resources Ltd , Chorus Aviation Inc , Interfor Corp , Cascades Inc , National Bank Financial , Endeavour Mining Corp , Rubicon Organics Inc , Ivanhoe Mines Ltd , Yamana Gold Inc , Food Group Inc ,