NEW YORK, Sept. 21, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Delta 9 Cannabis Inc. (TSX-V: NINE;OTCQX: VRNDF), the holding company for Delta 9 Bio-Tech Inc., has qualified to trade on the OTCQX® Best Market. Delta 9 upgraded to OTCQX from the Pink® market.
Delta 9 begins trading today on OTCQX under the symbol "VRNDF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Delta 9 joins over 40 Canadian companies that have chosen to upgrade to our OTCQX Best Market this year," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX provides companies with increased visibility and more efficient trading for their global investors. We look forward to supporting Delta 9 and their shareholders in the U.S. market."
Delta 9 Chief Executive Officer John Arbuthnot says that trading on the OTCQX comes at an opportune time for the Company, and for US investors.
"Our company is in final preparations for the historic legalization of recreational cannabis across Canada," explained Arbuthnot. "We have been ramping up our production to prepare for this emerging market, and we are among the few companies in Canada that will have retail outlets open for business on Day One of legalization. Exposure to OTC investors really could not come at a better time."
Delta 9 was sponsored for OTCQX by McMillan LLP, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Delta 9 Cannabis Inc.
Delta 9 was the fourth company in Canada licensed by Health Canada as a producer and seller of legal cannabis through its wholly-owned subsidiary, Delta 9 Bio-Tech Inc., with a large-scale production facility in Winnipeg, Manitoba. The Company also owns 50 per cent of the Delta West production facility in Calgary, Alberta, and runs its retail operations through Delta 9 Lifestyles Inc.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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