Venture Market News for December 12, 2018
- CV Sciences, Inc. Receives Nutritional Outlook’s 2018 Best of the Industry Award
Company’s industry-dominating hemp extract brand, PlusCBD Oil™ wins Best Retail/Brand Product category
LAS VEGAS, Dec. 12, 2018 (GLOBE NEWSWIRE) — CV Sciences, Inc. (OTCQB: CVSI) (the “Company”, “CV Sciences”, “our” or “we”), preeminent supplier and manufacturer of hemp-derived phytocannabinoids including cannabidiol (CBD) oil and developer of specialty pharmaceutical therapeutics, announced today that it has received Nutritional Outlook’s 2018 Best of the Industry Awards, Retail/Brand Product, for the Company’s best-selling PlusCBD Oil™ line of hemp-derived CBD products.
- Cannabis Strategic Ventures CEO Cancels 60 Million Shares to Increase Shareholder Value and to Uplist to OTCQB
LOS ANGELES, Dec. 12, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — Cannabis Strategic Ventures, Inc. (OTC:NUGS), today announced a major common share restructuring led by Chief Executive Officer, Simon Yu, who will cancel 60 million shares as part of the Company’s efforts to increase shareholder value and to uplist on the OTCQB Venture Market Place. The OTCQB Tier, which has more stringent reporting standards, compliance requirements and requires that companies maintain minimum share prices and be fully reporting, provides investors with increased transparency. Typically, uplisting to a higher tier results in greater awareness and liquidity for the issue
- GTEC Holdings Announces OTCQB Listing and DTC Eligibility
KELOWNA, BC, Dec. 12, 2018 /CNW/ – GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (“GTEC” or the “Company”), a specialized and vertically integrated premium cannabis company, is pleased to announce that its common shares have been approved for up-listing of trading onto the OTCQB Venture Market (“OTCQB Venture”), a US trading platform that is operated by the OTC Markets Group in New York. Effective immediately, the Company will commence trading on the OTCQB under the symbol “GGTTF”. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “GTEC”. In addition, the Company is pleased to announce that it has received DTC eligibility by The Depository Trust Company (“DTC”) for electronic settlement and transfer of its common shares in the United States.
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