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VANCOUVER, Jan. 7, 2019 /CNW/ – Rubicon Organics Inc. (“Rubicon Organics” or the “Company”) (CSE:ROMJ) (OTCQX:ROMJF), a premium organic cannabis company with operations in Canada, California and Washington, is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol “ROMJF”. Rubicon Organics’ common shares will continue to trade on the Canadian Securities Exchange (“CSE”) under the ticker “ROMJ”.
The OTCQX Best Market provides U.S.-based investors with access to trade Rubicon Organics through regulated U.S. broker-dealers.
“Rubicon Organics’ expansion into the OTCQX is a milestone that brings the Company greater access to investors. Trading on the OTCQX in the U.S. can enhance liquidity for our shareholders and allow a broader group of investors to participate in the North American cannabis market through Rubicon Organics”, commented Jesse McConnell, CEO.
The OTCQX Best Market provides added service, value and convenience to U.S. investors, brokers and institutions seeking to trade ROMJF. OTCQX is OTC Markets Group’s premier market for established, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.
Rubicon Organics is in the process of securing Depository Trust Company (“DTC”) eligibility for its common shares. DTC manages electronic clearing and settlement of publicly traded companies across the U.S. and in 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com/stock/