OTC Markets Group Welcomes THC Biomed International Ltd. to OTCQX

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OTC Markets Group Welcomes THC Biomed International Ltd. to OTCQX

PR Newswire

NEW YORK, Feb. 6, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced THC BioMed Intl Ltd. ("THC BioMed") (CSE: THC; OTCQX: THCBF), a Canadian federally-licensed producer of medical and recreational Cannabis, has qualified to trade on the OTCQX® Best Market.  THC BioMed upgraded to OTCQX from the OTCQB® Venture Market.

THC Biomed International begins trading today on OTCQX under the symbol "THCBF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"THC Biomed utilized our OTCQB Venture Market to build its valuation and liquidity as a public company," said Jason Paltrowitz, Director of OTC Markets Group International Ltd. and EVP of Corporate Services at OTC Markets Group. "We congratulate the company on graduating to our OTCQX Best Market and look forward to supporting the company as it continues to build long-term shareholder value."

"We are excited to graduate to OTCQX and believe that this is an important step in our plan to increase our presence and visibility in the U.S. market," said John Miller, President and CEO of THC BioMed.

THC Biomed International 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 THC Biomed International Ltd.
THC BioMed is a Canadian federally Licensed Producer and Canada's largest supplier of legal Cannabis Genetics. THC also produces and sells dried and fresh marijuana and cannabis oil for medical purposes. Strategically located in Kelowna, British Columbia, Canada, THC is on the leading edge of scientific research and the development of products and services related to the medical cannabis industry.

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 SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected] 

 

OTC Markets Group logo. (PRNewsFoto/OTC Markets Group)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-thc-biomed-international-ltd-to-otcqx-300790452.html

SOURCE OTC Markets Group Inc.

Copyright CNW Group 2019

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