Cannabis extractor Valens turns profit, but warns of potential COVID-19 fallout

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Canadian cannabis extractor Valens Company reported its fourth-straight quarterly profit, a rarity in a sector that saw rampant losses throughout 2019 – the first calendar year of legalization. The British Columbia company reported adjusted EBITDA of 14 million Canadian dollars ($10 million) for the December-February period – its first fiscal quarter of 2020. That’s lower […]

Cannabis extractor Valens turns profit, but warns of potential COVID-19 fallout is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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