KELOWNA, BC,Sept. 16, 2021/PRNewswire/ -The Valens Company Inc.(TSX: VLNS) (OTCQX: VLNCF) (the "Company," "TheValensCompany" or "Valens"), a leading manufacturer of cannabis products, today announced it has signed a regional distribution agreement with APOTEKA SRL ("APOTEKA"), a part of Grupo Farmanova Intermed "GFI Costa Rica", a pharmaceutical holding company based inCosta Ricawith operations throughoutCentral Americaand theCaribbean. Under the agreement, APOTEKA will bring Valens' nūance brand, with future plans to include the Green Roads brand, into three core Central American markets:Costa Rica, the Dominican Republic and Panama.
Valens has developed two CBD tinctures for APOTEKA that combine known wellness ingredients with CBD. The products will be manufactured by Green Roads and are made with coconut MCT oil. They come in coconut and peppermint flavor, with added terpenes, and will be available in two concentrations: 900 and 1500 milligrams of CBD. Both tinctures have been carefully developed to match the tastes of local markets.