This is Why CBD Companies are Just Beginning to Expand to International Markets - Seite 3

Harborside Inc. (CSE:HBOR)(OTC:HSDEF) announced it will report its results for the three and nine months ending September 30, 2019 on Thursday, November 21, 2019 after the market closes. The Company will host a conference call and webcast to review its results at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) the following day on Friday, November 22, 2019.

Valens GoWorks Corp. (TSXV:VGW)(OTCQX:VGWCF) just announced it has acquired all of the issued and outstanding shares of Southern Cliff Brands Inc. (d/b/a Pommies Cider Co.) in a cash and stock deal. The Acquisition and all planned capital expenditures are fully funded with cash on hand and current and projected cash flow from operations.  "We are thrilled to add Pommies to our growing Canadian platform," said Tyler Robson, CEO of Valens. "In Canada, alcoholic beverages generated nearly C$24 billion of retail sales in 2018. At Valens, we expect that extract-based cannabis products, and infused beverages in particular, could disrupt beverage alcohol sales where monthly per capita spend is roughly 16 times higher compared to legal cannabis. We will be able to leverage our purification and formulation knowledge, as well as the SoRSE^TM emulsion technology to create an exciting new adult beverage category that rivals alcohol, soft drinks and water with our current and future partners. Adding the Pommies facility and team to our platform gives Valens the tools and expertise needed to bring competitive beverage alcohol substitutes to market and capitalize on this massive market opportunity."

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