The Valens Company Inc. announced that Ms. Renee Merrifield has stepped down from the Company's Board of Directors (Board) following her election as Member of the Legislative Assembly (MLA) of the Kelowna-Mission district of British Columbia in the provincial general election held October 24, 2020. Ms. Merrifield served on The Valens Company's Board of Directors as an independent member and a member of the Board Nominating and Corporate Governance Committee since June 2020. Merrifield's resignation is effective November 26, 2020.