Valens GroWorks Corp. announced that it has entered into a multi-year extraction services agreement with Organigram Inc. for cannabis and hemp extraction services. Under the terms of the agreement, Valens will extract cannabis flowers and trim from Organigram's Moncton operation as well as hemp to produce extract concentrate. In turn, the concentrate will be used by Organigram to produce oils and, eventually, derivative edible and vaporizable cannabis products. The legalization of cannabis edibles and other derivative based products in Canada is expected later the year 2019. In addition, under the terms of the Agreement, Valens will also provide lab services for Organigram as needed. The agreement between the two companies is effective immediately.