Green Road station

Nabors Energy Transition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Thursday, May 18, 2023

The Extension provides NETC with additional time to complete its previously announced initial business combination (the "Business Combination") with Vast Solar Pty Ltd ("Vast").

Key Points: 
  • The Extension provides NETC with additional time to complete its previously announced initial business combination (the "Business Combination") with Vast Solar Pty Ltd ("Vast").
  • ("Nabors Lux") and Greens Road Energy LLC ("Greens Road"), each an affiliate of Nabors Energy Transition Sponsor LLC (the "Sponsor"), have deposited a total of $886,557.69 (the "Extension Payment") into NETC's trust account for its public stockholders (the "Trust Account"), which enables NETC to effectuate the Extension.
  • Nabors Lux and Greens Road each loaned their respective portion of the Extension Payment to NETC through a non-interest-bearing loan.
  • If NETC does not consummate an initial business combination, it will repay the loans only from funds held outside of the Trust Account.

Wan Bridge Grows Houston Footprint with Newest Build-To-Rent Community

Retrieved on: 
Tuesday, December 20, 2022

Wan Bridge , a Texas-based builder and operator of build-to-rent (BTR) communities, announced an additional community in the Land Tejas Balmoral master-planned development in Atascocita, TX, Bluewater at Balmoral.

Key Points: 
  • Wan Bridge , a Texas-based builder and operator of build-to-rent (BTR) communities, announced an additional community in the Land Tejas Balmoral master-planned development in Atascocita, TX, Bluewater at Balmoral.
  • “We are excited for Wan Bridge’s continued additions to the Houston area.
  • As part of Wan Bridge’s Texas expansion, the new addition will bring almost 100 units to the community, with more lots already in queue to be acquired in the same community.
  • This will be the second build-to-rent community in the Land Tejas Balmoral development, with the first being Wan Bridge’s Clearwater at Balmoral.

The Valens Company Granted Additional 180 Calendar Day Grace Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule

Retrieved on: 
Tuesday, December 13, 2022

As a result of the extension, the Company now has until June 12, 2023, to regain compliance with the Bid Price Requirement.

Key Points: 
  • As a result of the extension, the Company now has until June 12, 2023, to regain compliance with the Bid Price Requirement.
  • If the Company chooses to implement a share consolidation to regain compliance, it must complete the consolidation no later than ten business days prior to the expiration of the additional 180 calendar day period in order to timely regain compliance.
  • If the Company does not regain compliance with the Bid Price Requirement by June 12, 2023, Nasdaq will provide written notification to the Company that its shares will be subject to delisting.
  • Nothing herein should be construed as either an offer to sell or a solicitation to buy or sell securities of The Valens Company.

The Valens Company Reports Third Quarter Fiscal 2022 Financial Results

Retrieved on: 
Thursday, October 13, 2022

See reconciliation of "Adjusted Gross Profit (non-GAAP measure)" in the Company's Management's Discussion and Analysis for the quarter ended August 31, 2022.

Key Points: 
  • See reconciliation of "Adjusted Gross Profit (non-GAAP measure)" in the Company's Management's Discussion and Analysis for the quarter ended August 31, 2022.
  • Subsequent to the quarter, Coldhaus launched in Ontario and British Columbia in September 2022 and in Alberta in October 2022.
  • In light of the proposed acquisition of the Company by SNDL, Valens is withdrawing all previously given financial guidance as such financial guidance is no longer appropriate under the circumstances.
  • Nothing herein should be construed as either an offer to sell or a solicitation to buy or sell securities of The Valens Company.

SNDL Announces Agreement to Acquire The Valens Company to Create Leading Vertically Integrated Cannabis Platform

Retrieved on: 
Monday, August 22, 2022

CALGARY, AB and KELOWNA, BC, Aug. 22, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) ("Valens") are pleased to announce today that they have entered into an arrangement agreement (the "Agreement") to combine their businesses and create a leading vertically integrated cannabis platform.

Key Points: 
  • CALGARY, AB and KELOWNA, BC, Aug. 22, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) ("Valens") are pleased to announce today that they have entered into an arrangement agreement (the "Agreement") to combine their businesses and create a leading vertically integrated cannabis platform.
  • The combined company will operate as SNDL Inc., and Valens shareholders will own approximately 9.5% of the pro forma entity.
  • Valens shareholders to participate in and help create the future of SNDL: Valens shareholders are to receive SNDL common shares in an all-stock transaction.
  • The Valens Company is a leading manufacturer of cannabis products with a mission to bring the benefits of cannabis to the world.

The Worldwide Cannabis in Food and Beverage Industry is Expected to Reach $3.4 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 2, 2022

The global cannabis in food and beverage market size is expected to reach USD 3411.43 million by 2030, according to a new study.

Key Points: 
  • The global cannabis in food and beverage market size is expected to reach USD 3411.43 million by 2030, according to a new study.
  • The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
  • Cannabis's social acceptance in many nations is a big motivator for its incorporation in food and drinks.
  • This acceptance has cleared the road for recreational marijuana legalization, increasing the demand for marijuana-infused sweets and drinks.

The Valens Company Secures Agreement for Green Roads Kiosks in Major Malls Across the United States

Retrieved on: 
Thursday, April 21, 2022

Our technology delivers consumers an elevated, convenient experience including a secure platform to purchase Green Roads products.

Key Points: 
  • Our technology delivers consumers an elevated, convenient experience including a secure platform to purchase Green Roads products.
  • Through the smart kiosks, Green Roads will receive a robust real time data that will allow them to optimize the performance of each individual kiosk."
  • "This is the first of several initiatives that Valens and Green Roads are taking to expand distribution channels in the U.S. and abroad" said Jeff Fallows, President of The Valens Company.
  • The Company also manufactures, distributes, and sells a wide range of CBD products in the United States through its subsidiary Green Roads, and distributes medicinal cannabis products to Australia through its subsidiary Valens Australia.

Proactive news headlines including Evergold, Bango, Todos Medical, NEO Battery, Tartisan Nickel, CULT Food Science and Lion Copper and Gold

Retrieved on: 
Tuesday, March 8, 2022

With six offices on three continents, Proactive works with innovative growth companies quoted on the worlds major stock exchanges, helping executives to engage intelligently with investors.

Key Points: 
  • With six offices on three continents, Proactive works with innovative growth companies quoted on the worlds major stock exchanges, helping executives to engage intelligently with investors.
  • In 2020, Proactive featured in 809 million search results, our content was viewed over 165 million times and our readers spent over 10 million hours on our websites.
  • Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2006.
  • For more information on how Proactive can help you make a difference, email us at [email protected]

Green Roads Announces Support for the Arthritis Foundation and Launch of an Arthritis Pain Relief Roll-On

Retrieved on: 
Tuesday, March 8, 2022

To further serve this community and provide relief to those currently battling arthritis pain, Green Roads is launching an Arthritis Pain Relief Roll-On nationwide.

Key Points: 
  • To further serve this community and provide relief to those currently battling arthritis pain, Green Roads is launching an Arthritis Pain Relief Roll-On nationwide.
  • As part of the supporting sponsorship, Green Roads has committed to the Arthritis Foundations pain initiative to aid in reducing lifes painful moments.
  • Green Roads support of this initiative will help the Foundation establish new tools and resources for pain interferences while expanding a community of support.
  • The Arthritis Pain Relief Roll-On is an over-the-counter (OTC) product specifically formulated by Green Roads in-house team of pharmacists to provide relief for arthritis pain.

The Valens Company Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Retrieved on: 
Monday, February 28, 2022

See reconciliation of "Adjusted EBITDA (non-GAAP measure)" in the Company's Management's Discussion and Analysis for the year ended November 30, 2021 (in addition to the period ended August 31, 2021).

Key Points: 
  • See reconciliation of "Adjusted EBITDA (non-GAAP measure)" in the Company's Management's Discussion and Analysis for the year ended November 30, 2021 (in addition to the period ended August 31, 2021).
  • The call will be available via webcast on the Valens investor page of the Company website at https://thevalenscompany.com/investors/ or at this link .
  • The Valens Company cautions you not to place undue reliance upon any such forward-looking statements.
  • Nothing herein should be construed as either an offer to sell or a solicitation to buy or sell securities of The Valens Company.