Valens Stock Unmoved By Shoppers Drug Mart Supply Deal

VGW Stock

Valens GroWorks (TSXV:VGW) (OTCQX:VGWCF) has announced a supply deal with Shoppers Drug Mart, yet Valens stock is mostly unphased.

The First Third-Party to Reach Such a Deal

Valens, a market leader in cannabis extraction products and services, has become the first third-party cannabis company to reach a supply agreement with the Canadian pharmaceutical giant. The deal will see Valens GroWorks supply Shoppers with a range of oil-based products such as gel-caps, tinctures, vape cartridges, and topicals. Despite the positive news, investors are on the fence this morning, with Valens stock marginally in the red.

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