• 🌎 Worldwide
    • 🇺🇸 U.S.
    • 🇨🇦 Canada
    • 🇬🇧 United Kingdom
    • 🌏 Asia
    • 🌍 Europe
    • 🌎 Latin America
    • 🌏 Oceania and Australasia
The Daily Marijuana Observer
SUBSCRIBE
  • Home
  • Latest
  • Business
  • Investments
  • Law
  • People
  • Health
  • Databases
No Result
View All Result
The Daily Marijuana Observer
  • Home
  • Latest
  • Business
  • Investments
  • Law
  • People
  • Health
  • Databases
No Result
View All Result
The Daily Marijuana Observer
No Result
View All Result
Home Investments Marijuana Stocks

OTC-Listed Shares of Phivida Receive DTC and CNS Eligibility

D.M.O. Newswire by D.M.O. Newswire
August 20, 2018
in Marijuana Stocks, Press Releases, Trading, United States
Wall Street
104
SHARES
ShareShare

Vancouver, B.C. — August 20, 2018 — /D.M.O. Newswire/ – Phivida Holdings Inc. (“Phivida” or the “Company”) (CSE:VIDA) (OTC:PHVAF) announces that it has been awarded full DTC (Depository Trust Company) and CNS (Continuous-Net-Settlement) eligibility for its common shares that are listed for trading on the OTCQX® Best Market under the ticker symbol “PHVAF” in the United States.

The DTC manages the electronic clearing and settlement agency serving publicly traded companies in the USA. This electronic method of clearing securities speeds up the receipt of stock and cash and accelerates the settlement process. CNS is an automated book-entry accounting system, which centralizes the settlement of security transactions and maintains an orderly flow of security and money balances between market participants.

DTC eligibility allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the receipt of stock and cash for investors. CNS eligibility ensures all DTC eligible trades and cash balances are centralized, cleared and settled in an orderly and efficient manner. CNS eligibility also means that, if purchasing shares in the Canadian market (CSE: VIDA), DTC will guarantee delivery to the United States, and trades of foreign issuer shares (OTCQX: PHVAF) will be settled in USD for added value and convenience for prospective US investors.

Graduation to the OTCQX market provides added; value, service and convenience to US based investors, brokers and institutions seeking to trade “PHVAF”. DTC and CNS eligibility simplifies and accelerates settlement and is expected to enhance liquidity of the Company’s common shares on the OTC marketplace.

About Phivida Holdings Inc.

Celebrating Health and Wellness, In Harmony™, Phivida’s mission is to lead the alternative health care sector as in premium cannabinoid infused foods, beverages and clinical products. Using encapsulation technology, phytocannabinoids are converted into water soluble delivery format, enhancing bioavailability, solubility and timed release within the body. Phivida’s encapsulated cannabinoids are infused into functional beverages, foods and supplements with a proprietary blend of phytonutraceuticals studied to target a range of health conditions, from chronic pain to terminal diseases. The World Anti-Doping Association’s recent decision to lift its ban of CBD from hemp oil and the World Health Organization’s supports the clinical benefits of CBD worldwide. Phivida is traded on the Canadian Securities Exchange as “CSE: VIDA”, and on the OTCQX® Best Markets as “US: PHVAF”.

Share this:

  • Click to email this to a friend (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pocket (Opens in new window)
Tags: CNS EligibilityCSE:VIDADTC EligibilityOTC:PHVAFPhivida Holdings Inc.

Get Real-Time Updates from MJobserver.com

Unsubscribe
D.M.O. Newswire

D.M.O. Newswire

D.M.O. Newswire is the cannabis industry's trusted news and press release dissemination service.

Related Posts

DTC Eligible Marijuana Stocks
Trading

GreenStar Biosciences Announces Achievement of DTC Eligibility

November 21, 2019
Investor Interest in Marijuana Stocks is Rising
Trading

Pasha Brands Receives Clearance from the Depository Trust Company

August 7, 2019
DTC Eligible Marijuana Stocks
Trading

What is the DTC and Why Cannabis Investors Should Care

January 15, 2019
Rubicon Organics Inc. Announces DTC Eligibility - Marijuana Stocks News
Trading

Shares of Rubicon Organics Inc. Now DTC Eligibile

January 11, 2019
10 Public Cannabis Companies to Present at Cannabis Invest U.K.
Marijuana Stocks

10 Public Cannabis Companies to Present at Cannabis Invest U.K.

October 2, 2018
Invictus Signs Definitive Agreement with Clinic Servicing 3,400 ACMPR Registered Patients
Canada

WeedMD and Phivida Sign Agreement for Cannabis Beverages Inc.

August 15, 2018
Load More
Next Post
MCIG Announces First Hemp Harvest With NYAcres to Begin Soon

MCIG Announces First Hemp Harvest With NYAcres to Begin Soon

Leave a Comment! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

🚨 Subscribe to Stock Alerts

Get Live Updates on Breaking News

Subscribe Now

✉️ Subscribe to Our Newsletter!

* indicates required

🔎 Search Marijuana Stocks

📰 Recent News

  • Verano Holdings Enters into Agreement to Expand Arizona Footprint
  • Green Thumb Industries Announces Initial Public Offering in the U.S. to Raise US$100,000,000
  • Greenlane Announces Dismissal of Remaining Securities Class Action
  • Indiva Reports Record Market Share for January 2021
  • Acreage Announces Fourth Quarter And Full Year 2020 Earnings Date
Facebook Twitter Instagram LinkedIn Youtube

Cannabis News by Region

  • 🇺🇸 United States
  • 🇨🇦 Canada
  • 🇬🇧 United Kingdom
  • 🌏 Asia
  • 🌍 Europe
  • 🌎 Latin America
  • 🌏 Oceania and Australasia

Cannabis Tools & Resources

  • 📅 Calendar
  • 📊 Databases
  • 📇 Directories
  • 🔔 RSS Feeds
  • 📺 Videos

Find Cannabis Business Services

  • ⚖️ Attorneys & Law Firms
  • 📊 Accountants & Accounting Firms
  • 💡 Consultants & Consulting Firms
  • 📲 Marketing Agencies & Firms

The Daily Marijuana Observer

  • Subscribe
  • About MJobserver.com
  • Affiliate Marketing Disclosure
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Advertise with Us

  • 👀 Advertise
  • 📣 DMO Newswire
  • 📇 List in Our Databases

© 2018 - 2021 D.M.O. Holdings Corp.
DISCLAIMER: DMO Holdings Corp., which owns The Daily Marijuana Observer™ (MJobserver.com), is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. DMO Holdings Corp., which owns MJobserver.com, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. DMO Holdings Corp. or its affiliates, which owns MJobserver.com, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two.

No Result
View All Result
  • Home
  • Latest
  • 🔒 PRO
    • 🔒 A.M. Watchlist
    • 🔒 Analyst Action
  • 💼 Business
  • 📈 Investments
    • 📈 Stocks
    • 💰 ETFs and Funds
    • 💭 Market Commentary
    • 📰 Press Releases
    • 📅 Earnings Calendar
  • ⚖️ Law
    • Laws
    • Politics
    • Intellectual Property
    • Attorneys & Law Firms Database
  • 👥 People
    • ⚽ Athletes
    • 💼 Executives
    • 🌟 Celebrities
    • 🛒 Consumers
    • ⚕️ Doctors
    • 💊 Patients
  • 💊 Health
  • 📇 Databases
    • 📈 Stock Databases
    • 💰 Fund Databases
    • 💼 Service Providers Databases
    • 🏦 Marijuana Stock Brokers
    • 💲 Marijuana Cryptocurrencies

© 2018 - 2021 D.M.O. Holdings Corp.
DISCLAIMER: DMO Holdings Corp., which owns The Daily Marijuana Observer™ (MJobserver.com), is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. DMO Holdings Corp., which owns MJobserver.com, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. DMO Holdings Corp. or its affiliates, which owns MJobserver.com, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.