Cannabis
OTC Markets Group Welcomes Cansortium to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated cannabis company operating under the Fluent™ brand, has qualified to trade on the OTCQX® Best Market. Cansortium upgrades to OTCQX from the OTCQB® Venture Market.
Cansortium begins trading today on OTCQX under the symbol “CNTMF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
“We are grateful to the OTC Markets Group for providing an efficient and transparent platform that our U.S. shareholders and prospective investors can rely upon,” said Cansortium CEO Robert Beasley. “We expect this upgrade to the OTCQX to improve our market exposure and visibility for both the individual and institutional investment community.”
No action is required from current Cansortium shareholders.
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