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The Valens Company secures 40-million-dollar term loan to strengthen the balance sheet

The Valens Company secures 40-million-dollar term loan to strengthen the balance sheet

The Valens Company (TSX:VLNS, OTCQX:VLNCF) President Jeff Fallows joined Steve Darling from Proactive to share news entered into a secured non-revolving term loan a private institutional lender for 40 million dollars at a rate of 10% per annum.

Fallows talks about securing that financing and how it will allow the company to continue their aggressive growth trajectory. Fallows also shared his thoughts on the industry as a whole and how feels The Valens Company will end up weathering the changing industry.