Red White & Bloom to Commence Trading on OTCQX
TORONTO, June 18, 2020 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB; OTCQX: TDRYD) (“RWB” or the “Company”), today announced that it has qualified to trade on the OTCQX Best Market, operated by OTC Markets Group. RWB upgraded to OTCQX from the Pink market.
RWB begins trading today on OTCQX under the symbol “TDRYD.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for RWB on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
"We are extremely proud to announce the commencement of trading on the OTCQX Best Market," said Brad Rogers, Chief Executive Officer of RWB. "We are thrilled to have a foundation in which we can share our long-term vision for RWB with a wider pool of retail and institutional shareholders throughout the United States. We firmly believe that cross-trading on OTCQX in the U.S. is vital for a company headquartered in the U.S. and deriving 100 per cent of its revenue from U.S. customers."
The Company anticipates that its new US Trading symbol will be RWBYF and should be effective on or about July 1, 2020.
N. I. Jacobs & Associates acted as RWB’s OTCQX sponsor.
About Red White & Bloom Brands Inc.
The Company is positioning itself to be one of the top three multi-state cannabis operators active in the U.S. legal cannabis and hemp sector. It is anticipated that RWB will predominately focus its investments on major markets in the United States, including Michigan, California, Illinois, Massachusetts and Florida in respect to cannabis and the entire US for legal hemp CBD based products.
For more information about Red White & Bloom Brands Inc., please contact:
Tyler Troup, Managing Director
Circadian Group IR
Visit us on the web: www.RedWhiteBloom.com
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