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The Valens Company Inc. (VLNS.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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4.2600+0.0800 (+1.91%)
At close: 04:00PM EST
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  • t
    tom
    Scheduling call with IR this week to review some topics below and can report back here. Let me know if there's anything additional you guys want answered and I can try to squeeze in.

    - Update on revenue/margin projections
    - Expectations/timing re: NASDAQ listing
    - Cash burn update, any equity financing potentially coming?
    - Views as to what is driving recent stock weakness, eg: just shorts and sector selloff or other factors at play?
    - Any significant disruptions expected from new COVID variant & BC flooding
    - Updates on Verse, Quebec, Pommies, CPG partnerships + some sense of size/timing of revenue contribution
    - Some colour on provincial buying patterns, status of capacity/utilization and commissioning at K2
  • M
    M
    Folks - I have not gone away. Just trying to put this in the proper perspective. My thoughts:
    1. I have not sold one share. Yes, I am dismayed by the share price as are all of you. However, read on.
    2. Valens said they would do the following: Acquire a US entity; Obtain business in Quebec; Get a license for Pommies; move to the Nasdaq. They did them all!
    3. They also acquired Verse and CS. No one saw that coming. Sets them up beautifully in those market segments.
    4. They switched their entire model over to a much more attractive one. They are white labeling for the top Five Cannabis companies - including Sundial - while increasing their own direct sales.
    5. They have reduced headcount. Every single dollar of this savings goes directly to the bottom line.
    6. Insiders are buying shares!
    7. A major player with very deep pockets - Sundial - has publicly acquired a 10% stake.

    In my life, rarely do all these things actually come to fruition let alone within one year. NEVER in my life has a company that has accomplished so much gone down as much as they have.

    My conclusion: They are at the mercy right now of the markets in general; the horrible treatment of Cannabis companies; and a little naiveté on their part in terms of what market manipulators can do to a stock with such a low float.

    The incredible good news is that they are executing on their plans. No one goes in a perfect straight line but they have the best asset mix in the entire Cannabis space in all of North America (!) and are perfectly positioned for future growth. Now that they have digested the acquisitions, 2022 should see outstanding sales and a return to profitability. Name me another Cannabis company that is profitable?

    So, yes, the drop has been painful but we are still positioned to score here. The big guys HAVE to be looking at acquiring us. Now all we need to do is keep executing, drive our share price back where it belongs, and then evaluate the best solution.

    2022 will be the year that tells all. For my part, I am still long and strong.
  • B
    Braden
    Good bounce back today to finish green. Had bad momentum and market was terrible and battled back to finish green. Kisses your chances of landing this under 4 away. Tomorrow is a green day book it.
  • J
    JC
    The cannabis sector did a little shimmy today, down, then back up, but for Valens it was more pronounced with a final surge pushing us into the green. A bit odd, and I don't see any reason for the sector or for Valens' performance today. On another note, I have a feeling December is a huge month for Valens, including the stock price, especially after joining NASDAQ.
  • N
    Neil
    Quite the end of day comeback! 52 week lows most of the day then a gaining $0.42 in less than an hour.
    I missed the bottom myself but one or two more of these runs and I'll be back in the green!
  • B
    Buddy
    Valens to the moon! That is right, I said to the moon! Despite being down 50% on my investment, I am still a buyer. I scooped up more VLNCD today bringing my cost basis down to $6.02 USD. I had to sell more of my HUT shares to free up the funds, but c'est la vie for a poor boy such as myself. Countdown for launch... 10, 9, 8.
  • f
    frank
    Buying more at these prices
  • N
    Nicholas
    Greeeeeen????
  • W
    WillyBaldy
    Oh well, definitely gambled a lot on this one and lost. It would need a 40% jump to get back to cost. I'm not selling but I'm not expecting to be back in the green for another year at least. I could have picked pretty much any stock in another sector and I'd be in the green.
  • D
    Due
    Show time …..
  • M
    Max
    when theres blood in the streets its the BEST time to buy. the stock market is the ONLY market where when things are on sale people run away instead of buying the deal.
  • c
    chris
    It would be nice if Management would somehow address their shareholders losing 65% of their value over the last month or so…………nothing.

    CSC.V management, nice pick with this one. Lost all your long term investors value since letter of intent in late Aug. Wow….so painful a $$$ loss.
  • m
    mike
    No word yet on all those promised pommies deals.
  • c
    chris
    Sun comes up = Valens stock price down
  • R
    Robert
    One more drop like today and we miss out on Nasdaq
  • Y
    Yvon
    Valens went down 65% quickly and now he has to go up 85% to get back to the same price.
  • M
    Max
    Next time it dips like today investors, please take my last msg in consideration and buy the dip look how the sp is going now
  • W
    WillyBaldy
    So now ou valuation is C$290M. Good work, "management".
  • B
    Bob
    Nasdaq has been accepted.
  • E
    Evogreen
    Legalization is back on the table in Mexico.

    The new German government plans to legalize cannabis.

    At the very least more states will legalize in the US in 2022.