NEW YORK, April 26, 2017 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced CannaRoyalty Corp. (CSE: CRZ; OTCQX: CNNRF) has qualified to trade on the OTCQX® Best Market. CannaRoyalty upgraded to OTCQX from the OTCQB® Venture Market.
CannaRoyalty begins trading today on OTCQX under the symbol “CNNRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“We welcome CannaRoyalty to our family of established, investor-focused OTCQX companies,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “OTCQX provides an efficient and transparent U.S. trading market for Canadian and other international companies that are looking to expand their shareholder base in the U.S. We look forward to supporting CannaRoyalty’s continued growth.”
“With a diversified platform of high-growth assets in the cannabis market, we believe this upgrade to OTCQX will provide additional visibility to CannaRoyalty with U.S.,” said Marc Lustig, CEO of CannaRoyalty. “OTCQX provides an ideal platform for demonstrating our operational progress, our strong corporate governance practice, and expanding our shareholder base. We look forward to engaging more pro-actively with our U.S. investor base.”
CannaRoyalty was sponsored for OTCQX by Hodgson Russ LLP, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
CannaRoyalty is a fully integrated, active investor and operator in the legal cannabis sector. The company’s focus is to build and support a diversified portfolio of growth-ready assets in high-value segments of the cannabis sector, including research and intellectual property, consumer brands, and industry infrastructure. CannaRoyalty’s management team combines a hands-on understanding of the cannabis industry with seasoned financial know-how, assembling a platform of holdings via royalty agreements, equity interests, secured convertible debt and licensing agreements.
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, 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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SOURCE OTC Markets Group Inc.