Valens bets big on edibles with $25M LYF acquisition

Mugglehead
By Jared GnamJan 28, 2021, 8:16 pm188 pts
The Valens Company (TSX: VLNS) is doubling down on the edibles segment by acquiring LYF Food Technologies Inc., a rival player in Canada’s cannabis 2.0 space. This week, the Kelowna, B.C.-based extractor said the $24.9 million cash-and-stock deal will give it access to LYF’s 100 unique edibles recipes to…

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