Researchers made an important discovery not too long ago: there are receptors all over the body that respond to the cannabinoids found in cannabis. A few years later, researchers found that the body makes two substances that act on the same receptors. Investigators named this complex network of messengers and receptors the endocannabinoid system when they realised they had found a system of control that had not been known before (ECS).
The Valens Company has strengthened its capacity to provide an extended product offering to domestic and international markets with the acquisition of Green Roads. Additionally , the acquisition gives a trusted and top-tier CBD health and wellness brand with a well-established manufacturing and distribution platform an immediate entry point into the US market . In 2021, the Green Roads Acquisition is anticipated to increase the company’s value. The transaction represents roughly 4.5x fiscal 2022 EBITDA if all Milestones are reached in 2022. Pro forma results in a company with total revenue of C$111.6M in 20204 from the union of Valens and Green Roads.a
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