(CSE: FONE; OTCQX: FLOOF), a leading cannabis cultivator, producer and innovator in Nevada, has qualified to trade on the OTCQX® Best Market. Flower One Holdings upgraded to OTCQX from the OTCQB® Venture Market.
Flower One Holdings begins trading today on OTCQX under the symbol “FLOOF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“We are pleased to welcome Flower One to the OTCQX Best Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Cross-trading on the OTCQX Market will provide Flower One Holdings, a constituent of the Canadian Securities Exchange’s CSE25 Index, with more efficient access to research and trading among U.S. investors.”
“The team at Flower One is proud to qualify for upgrading to the OTCQX Best Market, another significant milestone as we continue to execute our focused growth plan in Nevada,” said Ken Villazor, President and CEO of Flower One. “Our success to date has led to increasing capital market interest in our unique business model, our corporate vision and our future in the U.S. cannabis market. We have witnessed increased U.S. trading volumes since we began trading on the OTCQB Venture Market. Being upgraded to the OTCQX Market increases our exposure and accessibility to the U.S. markets, providing further liquidity for our shareholders as we continue to build out our leadership position in the Nevada market and then beyond.”
“The Canadian Securities Exchange congratulates Flower One on their graduation from the OTCQB Market to the OTCQX Market,” said Richard Carleton, CEO of the CSE. “Canadian issuers taking advantage of the opportunities afforded by the OTC Markets Group can see a reduction in their