OTC Markets Group Welcomes Emblem Corp to OTCQX
NEW YORK, Aug. 8, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Emblem Corp (TSX-V: EMC; OTCQX: EMMBF), a fully integrated licensed producer and distributor of medical cannabis and cannabis derivatives in Canada under the Access to Cannabis for Medical Purposes Regulations, has qualified to trade on the OTCQX® Best Market. Emblem Corp upgraded to OTCQX from the Pink® market.
Emblem Corp begins trading today on OTCQX under the symbol "EMMBF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Emblem Corp to the OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX companies meet high financial standards and are distinguished by the diligence with which they convey their qualifications. Trading on OTCQX will enable Emblem Corp to provide a transparent market for their investors."
"Graduating to the top tier OTCQX Market provides easier and wider trading access for Emblem's investors in the United States," said Nick Dean, President & CEO of Emblem Corp. "We maintain a substantial US investor following and often see trading volumes on the OTC Markets reaching upwards of 80% of our Canadian volumes by dollar value. Our upgrading to OTCQX will improve accessibility, liquidity and exposure for shareholders in both our Canadian and U.S. markets."
Emblem Corp was sponsored for OTCQX by J.P. Galda & Co., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Emblem Corp
Emblem, through its wholly-owned subsidiary Emblem Cannabis Corporation, is a fully integrated licensed producer and distributor of medical cannabis and cannabis derivatives in Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR). Emblem's state-of-the-art indoor cannabinoid factory and research and development facility is located in Paris, Ontario. Led by an experienced management team of healthcare executives, accomplished marketing professionals, and cannabis experts, Emblem is focused on driving shareholder value through product innovation, brand relevance, and access to patient and consumer channels. Emblem is also the parent company of GrowWise Health Limited, one of Canada's leading cannabis education services. Emblem trades under the ticker symbol EMC on the TSX Venture Exchange.
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.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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For further information contact:
Ethan Karayannopoulos
Investor Relations
Emblem Corp.
647.748.9696
[email protected]
Alex Stojanovic
Chief Financial Officer
Emblem Corp.
416.923.1331
[email protected]
OTC Markets Group Inc.
+1 (212) 896-4428
[email protected]
SOURCE OTC Markets Group Inc.
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