OTC Markets Group Inc. OTCM said Tuesday that cannabis company Harborside Inc. HBOR HSDEF has qualified to trade on the OTCQX Best Market.
Prior to the upgrade to OTCQX, the California-focused company traded on the Pink market.
Harborside would commence trading Tuesday, Sept.25, on OTCQX under the symbol "HSDEF."
"This has been a very productive year, and this latest milestone of graduating to OTCQX will make it easier for a broader base of U.S. investors to invest in Harborside and participate in our long term success," said Peter Bilodeau, the company's chairman, and interim CEO.
In August, the company released its first-quarter earnings report, ahead of appointing Peter Kampian to its board.
Meanwhile, the Vancouver-based BevCanna Enterprises Inc. BEV BVNNF 7BC announced its debut on the OTC Markets Group Inc.'s OTCQB Venture Market under the symbol "BVNNF."
John Campbell, BevCanna's CFO, said that this is an "important milestone" in the company's growth strategy.
"The broader exposure afforded by the OTCQB will increase our visibility within the investment community and assist in broadening our stockholder base," added Campbell.
Over the last few months, several companies in the cannabis space began trading on the OTCQX, including Item 9 Labs Corp. INLB and Red White & Bloom Brands Inc. RWB TDRYD.
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