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Home Investments

OTC Markets Group Welcomes Cannex Capital Holdings to OTCQX

D.M.O. Newswire by D.M.O. Newswire
October 19, 2018
in Investments, Marijuana Stocks, Press Releases
Cresco Labs Shares Approved to Trade on the OTC Markets under the Symbol ‘CRLBF’
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New York, NY — October 19, 2018 — /D.M.O. Newswire/ — OTC Markets Group Inc. (OTC:OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Cannex Capital Holdings Inc. (CSE:CNNX) (OTC:CNXXF), a provider of a wide range of services to licensed cannabis business operators, has qualified to trade on the OTCQX® Best Market. Cannex upgraded to OTCQX from the OTCQB® Venture Market.

Cannex Capital begins trading today on OTCQX under the symbol “CNXXF.” 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 Cannex Capital to our OTCQX Best Market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “Trading on our premium OTCQX Market provides companies with increased visibility and more efficient trading for their global investors. We look forward to supporting Cannex Capital and their shareholders in the U.S. market.”

“Upgrading to trade on OTCQX is a great step for our existing U.S. shareholders and potential new investors,” said Anthony Dutton, CEO of Cannex Capital. “The OTCQX Best Market provides us with better visibility and access to a broader group of investors as we expand our business in legal states in the U.S.”

About Cannex Capital Holdings Inc.
Cannex Capital Holdings Inc., through its wholly-owned subsidiaries, provides a wide range of services including real estate, management, financial, branding and IP to licensed cannabis business operators domestically and internationally. Cannex is focused on premium indoor cultivation, extraction, manufacturing and branding of edible and derivative products as well as retail operations. Cannex is undertaking expansion initiatives to support the acquisition and development of additional assets in legal medical and recreational cannabis markets. Based in Vancouver, BC, Cannex is managed by a team of experienced industry and capital markets experts who are committed to aggressive, cost-effective growth. Cannex currently owns BrightLeaf Development LLC which holds real estate assets, property leases, brands and intellectual property, and material supply agreements with Superior Gardens LLC (d/b/a Northwest Cannabis Solutions), Washington State’s and the Pacific Northwest’s largest full-line cannabis producer/processor, as well as 7Point Holdings LLC, another Washington State licensed cannabis producer/processor.

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.

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Tags: Cannex Capital Holdings Inc.CSE:CNNXOTC Markets Group Inc.OTC:CNXXFOTC:OTCM

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