As of today, shares of ultra-premium organic cannabis company Rubicon Organics Inc. (CSE:ROMJ) (OTC:ROMJF) are eligible for clearing by The Depository Trust Company that manages the electronic clearing and settlement of publicly traded companies in the United States.
DTC eligibility will simplify the process of trading and is expected to enhance the liquidity of the Rubicon Organics’ common shares on the OTCQX marketplace where Rubicon Organics now trades under the symbol “ROMJF”.
“We are pleased to announce that we have obtained DTC eligibility, effective January 10, 2019. Electronic trading is the standard in today’s financial markets, and becoming DTC-eligible greatly simplifies the process of trading and exchanging our common shares. We continue to make positive steps to grow the Company into the market leader in super-premium certified organic cultivation. We would like to thank our DTC Advisor, VStock Transfer, LLC, for their guidance through this process”, commented Jesse McConnell, CEO.
Rubicon Organics Inc. is focused on building super-premium organic cannabis brands with operations in Canada, California, and Washington. Currently, Rubicon is working towards beginning cultivation in Q1 2019 with a combined Phase I capacity of 15,500 kg, including 4,500 kg leased to a Washington state licensed operator applying Rubicon Organics’ cultivation methods.
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