Valens Becomes Initial Third Celebration Processor to Enter Strategic Agreement with Shoppers Drug Mart to Provide Cannabis Oil Solutions

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KELOWNA, BCSept. 16, 2019 /PRNewswire/ – Valens GroWorks Corp. (TSXV: VGW) (OTC: VGWCF) (the “Business” or “Valens“), a vertically integrated provider of business top extraction solutions and solutions which includes a diverse suite of extraction methodologies, subsequent generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab is pleased to announce that it has entered into an agreement to provide cannabis oil derivative solutions to Health-related Cannabis by Shoppers, the on line healthcare cannabis ecommerce website of 1 of Canada’s most trusted pharmacy retailers.

Valens will make use of their 5 distinctive kinds of extraction solutions which includes CO2, Ethanol, Hydrocarbon, Solvent-significantly less, and Terpene extraction as properly as its IP and formulation solutions to build a range of innovate oil-primarily based solutions for Shoppers’ healthcare platform. Below the agreement, Valens will straight away start production of gel caps and tinctures with additional expansion of item offerings to include things like vaporizer cartridges, topicals and other preferred solutions as permitted for sale by Wellness Canada regulations.

“Valens is proud to be selected as the initially third celebration extraction and item improvement corporation to provide cannabis oil solutions to 1 of the most recognized pharmacy retailers in Canada.” said Tyler Robson, CEO of Valens. “Shoppers Drug Mart is a hugely respected, trusted brand that regularly delivers premium solutions that individuals can trust.  Our business top extraction, analytical testing and item formulation capabilities are ideally positioned to provide the higher high-quality, oil-primarily based solutions and solutions anticipated from such a respected business leader such as Shoppers.  This new partnership will advance our item improvement portfolio as we continue to boost our capabilities and raise our marketplace presence.”

About Valens GroWorks

Valens GroWorks Corp. (TSXV:VGW) (OTC:VGWCF) is a multi-licensed, vertically-integrated cannabis corporation focused on becoming the companion of selection for top Canadian and international cannabis brands by supplying greatest-in-class, proprietary solutions which includes CO2, ethanol, hydrocarbon, solvent-significantly less and terpene extraction, analytical testing, formulation and white label item improvement.  Valens is the biggest third-celebration extraction Business in Canada with an annual capacity of 425,000 kg of dried cannabis and hemp biomass at our goal-constructed facility in Kelowna, British Columbia which is in the approach of becoming European Union (EU) Excellent Manufacturing Practices (GMP) compliant.  Moreover, our subsidiary Valens Labs is a Wellness Canada licensed ISO 17025 accredited cannabis testing lab supplying sector-top analytical solutions and has partnered with Thermo Fisher Scientific to create a Centre of Excellence in Plant-Primarily based Science.  For a lot more data, please visit http://valensgroworks.com.  The Company’s investor deck can be located especially at http://valensgroworks.com/investors/

Notice with regards to Forward Seeking Statements

This news release consists of particular “forward-searching statements” inside the which means of such statements beneath applicable securities law. Forward-searching statements are often characterized by words such as “anticipates”, “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed”, “positioned” and other related words, or statements that particular events or situations “may” or “will” take place. These statements are only predictions. Different assumptions have been utilized in drawing the conclusions or producing the projections contained in the forward-searching statements all through this news release. Forward-searching statements are primarily based on the opinions and estimates of management at the date the statements are created and are topic to a range of dangers and uncertainties and other things that could trigger actual events or final results to differ materially from these projected in the forward-searching statements. The Corporation is beneath no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-searching statements, whether or not as a outcome of new data, future events or otherwise, except as expressly necessary by applicable law.

The TSXV or other regulatory authority has not reviewed, authorized or disapproved the contents of this press release. We seek Protected Harbour.

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