OTC MARKETS GROUP WELCOMES DELTA 9 CANNABIS INC. TO OTCQX
Delta 9 Cannabis Inc. 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 the OTC website.
“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 U.S. investors.
“Our company is in final preparations for the historic legalization of recreational cannabis across Canada,” explained Mr. 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 1 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 Cannabis was the fourth producer in Canada licensed to produce legal cannabis. Delta 9 now operates its wholly owned subsidiary, Delta 9 Bio-Tech Inc., as a licensed producer of medical marijuana pursuant to the ACMPR (Access to Cannabis for Medical Purposes Regulations) and operates an 80,000-square-foot production facility in Winnipeg, Man., Canada. Delta 9 also owns 50 per cent of the 70,000-square-foot Delta West facility in Alberta and co-owns the Delta West Lifestyles cannabis retail operation.