Cresco Labs announced it was approved for an upgrade to the OTCQX Best Market.
Cresco Labs (CSE:CL,OTCQX:CRLBF) announced it was approved for an upgrade to the OTCQX Best Market.
As quoted in the press release:
Cresco Labs’ stock, which started being quoted on the OTC on March 6, 2019, will continue to trade under the symbol “CRLBF.”
“Being upgraded to the OTCQX Best Market represents another important milestone for Cresco Labs and reflects our commitment to adhering to high standards of compliance, disclosure and corporate governance,” said Cresco Labs CEO and Co-founder Charlie Bachtell. “We believe that listing on the OTCQX will open up our stock to a larger universe of potential investors. With increased liquidity and better exposure to U.S. investors, we believe the move to the OTCQX will be beneficial to both new and existing shareholders.”