The Valens Company

The Valens Company - VLNS . TSXV

This is what I thought in March 2020 when I first bought the stock...

The Valens Company offers extraction and white label manufacturing services to marijuana growers and companies interested in developing their own branded pot-infused products. The company has grown rapidly over the past year as the demand for THC and CBD oils grows in anticipation of strong consumer demand for the newly legalized edibles and topicals market. Valens is earning very high rates of return right now on their investment, which makes the stock price look attractive if you can extrapolate those earnings into the future.  I have some concerns that these high profit margins may not be sustainable but am hopeful that future sales growth will offset the likely decline in margins moving forward. With cash in the bank, ambitious expansion plans and the demonstrated ability to make money, I decided to use this company to stake my claim in this newly emerging industry. I accumulated my position in the $2.20 - $2.40 share price range.

What's changed since I made my first purchase of this stock? Follow the ongoing story in the posts below...

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