LAS VEGAS , May 24, 2019 /CNW/ – Planet 13 Holdings Inc. (PLTH.CN) (PLNHF) (“Planet 13” or the “Company”), a leading vertically-integrated Nevada cannabis company, announced today that it has been approved for immediate trading on the OTCQX® Best Market, the top tier of the three markets for the over-the-counter trading of stocks. Planet 13’s stock began trading on the OTC Markets on September 17, 2018 , and will continue to trade under the symbol PLNHF.
The OTCQX® Best Market is for established, investor-focused U.S. and international companies. To qualify for the OTCQX market, 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. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.
“Planet 13 upgrading to the OTCQX Best Market is a sign of the company’s focus on high standards of compliance, disclosure and corporate governance,” said Bob Groesbeck , Co-CEO of Planet 13. “Upgrading to the OTCQX Market will help our US shareholders take part in Planet 13’s success and creation of shareholder value as we continue to build out the Las Vegas Cannabis Entertainment Complex and work to expand to other states.”
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Planet 13 on www.otcmarkets.com.
About Planet 13
Planet 13 (www.planet13holdings.com) is a vertically integrated cannabis company based in Nevada , with award-winning cultivation, production and dispensary operations in Las Vegas – the entertainment capital of the world. Planet 13’s mission is to build a recognizable global brand known for world-class dispensary operations and a creator of innovative cannabis products. Planet 13’s shares trade on the Canadian Stock Exchange (CSE) under the symbol PLTH and OTCQX under the symbol PLNHF.