OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Medicine Man Technologies Inc. (OTCQX:MDCL), a consulting business for those operating in the cannabis space, has qualified to trade on the OTCQX® Best Market. Medicine Man Technologies upgraded to OTCQX from the OTCQB® Venture Market.
Medicine Man Technologies begins trading today on OTCQX under the symbol “MDCL.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“Medicine Man Technologies utilized our OTCQB Venture Market to build their valuation and liquidity as a public company,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “We congratulate the company on graduating to our OTCQX Best Market and we look forward to supporting the company as they build long-term shareholder value.”
Brett Roper, CEO stated, “Since our first day of trading on the OTC Markets as an OTCQB company in January of 2016, we have focused on evolving to a point where we could qualify for OTCQX. OTCQX’s reporting and related requirements provided our company with a goal that we are excited to check off our list of most important things to get done. We found the application process very straight forward and would also like to thank our sponsor, Mr. Kenneth Sam of Dorsey and Whitney LLP for his guidance and support.”
Medicine Man Technologies was sponsored for OTCQX by Dorsey & Whitney LLP, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Medicine Man TechnologiesEstablished in March 2014, the Company secured its first client/licensee in April 2014. To date, the Company has provided guidance for several clients that have successfully secured licenses to operate cannabis businesses within their state. The Company currently has active clients in California, Oregon, Colorado, Nevada, Illinois, Michigan, Arkansas, Pennsylvania, Florida, Ohio, Maryland, Massachusetts, Puerto Rico, Australia, Canada, Germany, and South Africa. We continue to focus on working with clients to 1) utilize its experience, technology, and training to help secure a license in states with newly emerging regulations, 2) deploy the Company’s highly effective variable capacity constant harvest cultivation practices through its deployment of Cultivation MAX, and eliminate the liability of single grower dependence, 3) avoid the costly mistakes generally made in start-up, 4) stay engaged with an ever expanding team of licensees and partners, all focused on quality and safety that will share the ever-improving experience and knowledge of the network, and 5) continuing the expansion of its Brands Warehouse concept.
About OTC Markets Group Inc.OTC Markets Group Inc. (OTCQX:OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Subscribe to the OTC Markets RSS Feed
Media Contact:OTC Markets Group Inc., +1 (212) 896-4428, email@example.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-medicine-man-technologies-to-otcqx-300725477.html
SOURCE OTC Markets Group Inc.