U.S. Markets closed

Valens to Commence Trading on the TSX Venture Exchange

KELOWNA, BC, July 8, 2019 /PRNewswire/ - Valens GroWorks Corp. (VGW.CN) (VGWCF) (the "Company" or "Valens"), a multi-licensed, vertically integrated provider of cannabis products and services focused on various proprietary extraction methodologies, distillation, cannabinoid isolation and purification, as well as associated quality testing is pleased to announce that further to its press release dated June 17, 2019, the Company has been accepted for listing on the TSX Venture Exchange (the "TSXV") as a Tier 1 issuer, and its common shares will commence trading on July 10, 2019, on the TSXV under the symbol "VGW" and the warrants will trade under the symbol "VGW.WT.A" on the same day.

Valens Groworks (CNW Group/Valens GroWorks Corp.)

Further to its press release on June 17, 2019, management also confirms there remains 180,000 common shares reserved for issuance to the independent directors of the Company.

About Valens GroWorks

Valens GroWorks Corp. (VGW.CN) (VGWCF) is a multi-licensed, vertically-integrated cannabis company focused on being the partner of choice for leading Canadian and international cannabis brands by providing best-in-class, proprietary services including CO2, ethanol, hydrocarbon, solvent-less and terpene extraction, analytical testing, formulation and white label product development.  Valens is the largest third-party extraction Company in Canada with an annual capacity of 425,000 kg of dried cannabis and hemp biomass at our purpose-built facility in Kelowna, British Columbia which is in the process of becoming European Union (EU) Good Manufacturing Practices (GMP) compliant.  Additionally, our subsidiary Valens Labs is a Health Canada licensed ISO 17025 accredited cannabis testing lab providing sector-leading analytical services and has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant-Based Science.  For more information, please visit http://valensgroworks.com.  The Company's investor deck can be found specifically at http://valensgroworks.com/investors/

Notice regarding Forward Looking Statements

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

The CSE or other regulatory authority has not reviewed, approved or disapproved the contents of this press release. We seek Safe Harbour.

Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/valens-to-commence-trading-on-the-tsx-venture-exchange-300880960.html