Valens Groworks Launches New Product Line To Expand Business
Valens Groworks Corp (OTC: VLNCF) has announced the launch of its latest cannabis-infused beverages that include THC-forward citrus water, SUMMIT, BASECAMP, and CBD-infused iced tea that could soon be available in shelves.
The new line of products is parts of the company’s white-label agreement with A1 Cannabis Company to produce the products. In a statement, the company indicated that the launch of the products shows Valen’s leadership and commitment to the development and production of cannabis derivatives. The company is committed to continuing leveraging the cannabis derivatives market in Canada.
Valens developed the products through its emulsion technology that can change cannabis oils into water-soluble constituents for edibles, cannabis beverages, topicals as well as other derivatives. Valens CEO Tyler Robson indicated that the company’s agreement with A1 is an indication of a strategic partnership with a company that shares Valen’s vision of developing Cannabis derivatives.
CBD stocks to watch: CBD Unlimited Inc. (OTC: EDCX)
Another company that is producing cannabis derivatives is CBD Unlimited Inc. (OTC: EDCX). CBD unlimited manufactures phytonutrient-based nutrition and food products from hemp that has a THC level of less than 0.3%.
CBD Unlimited Inc. (OTC: EDCX) produces a variety of CBD products that range from capsules and oils to topicals as well as pet foods. Its products are mostly for taking care of pain, helping in anxiety as well as inflammation.
CBD Unlimited Inc. (OTC: EDCX) has announced the acquisition of media-driven entity Kush Inc. Kush owns Kushwear.net, which supports labels known for production, selling, and distribution of hemp-derived products as well as other bio-products. Following the acquisition, Kush will operate as a wholly-owned subsidiary of CBD Unlimited. This is a strategic acquisition for CBD Unlimited Inc. (OTC: EDCX), which has witnessed the growing global interest of people changing to natural products.
Todd Davis, the Chairman, and CEO of CBD Unlimited Inc. (OTC: EDCX), indicated that Kush would support the company’s growth strategy as it enters new markets. He added that the company is planning to expand its product line to include sustainable options and clothing lines under the Kushwear brand.
Source: Stock Market Press
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