BC Craft Supply Co. Announces Trading on the OTC Pink Market

Rhea-AI Summary

BC Craft Supply Co. has announced that its common shares are now trading on the OTC Pink Market in the U.S. under the symbol CRFTF, following the acceptance of its Form 211 by the Financial Regulatory Authority. The shares are also eligible for electronic clearing through the Depository Trust Company. Additionally, BC Craft continues to trade on the Canadian Securities Exchange and Frankfurt Stock Exchange under the symbols CRFT and ZZD1, respectively. The company aims to be a premium cannabis brand in Canada, leveraging skilled cultivators.

Positive

• Shares now trading on the OTC Pink Market under 'CRFTF'.
• Common shares eligible for electronic clearing via DTC.
• Continued trading on CSE and Frankfurt Stock Exchange.
• Aims to be a premium cannabis brand with experienced cultivators.

Negative

• None.

VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) -- BC Craft Supply Co. Ltd. (the “Company” or “BC Craft”) (CSE:CRFT) (FSE:ZZD1) (OTC: CRFTF) is pleased to announce that the Financial Regulatory Authority has accepted the Company's Form 211 for filing and its common shares have begun trading on the OTC Pink Market in the United States under the symbol "CRFTF".

The common shares of the Company are eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies. The Company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol "CRFT" as well as the Frankfurt Stock Exchange under the symbol "ZZD1".

ABOUT BC CRAFT SUPPLY CO.

Based in Vancouver, British Columbia, BC Craft Supply Co. has aggregated the best legacy-era talent from Canada's craft cannabis industry, which boasts an international reputation. The team at BC Craft supports the most talented cannabis cultivators in Canada to transition into their supply chain, bringing with them their unique cultivars and years of experience with the plant. In exchange for support with licensing, compliance and distribution, cultivators will sign on as a BC Craft supplier. This makes BC Craft uniquely positioned to be the premium cannabis brand in Canada.

BC Craft’s subsidiary, Medcann Health Products Ltd., is a Health Canada licensed cultivator and processor with a license to sell medical cannabis products in Canada.

Click here to connect with BC Craft Supply Co. on Instagram, Twitter, LinkedIn and Facebook, and click here to find more information on the Company.

CONTACT

Matthew Watters, Director
Phone: 604-687-2038
Email: mwatters@bccraftsupplyco.com 

DISCLAIMER AND READER ADVISORY

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. BC Craft disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

FAQ

When did BC Craft Supply Co. start trading on OTC Pink Market?

BC Craft Supply Co. began trading on the OTC Pink Market on February 11, 2021.

What is the symbol for BC Craft Supply Co. on the OTC market?

The symbol for BC Craft Supply Co. on the OTC market is CRFTF.

Is BC Craft Supply Co. trading on any other exchanges?

Yes, BC Craft Supply Co. continues to trade on the Canadian Securities Exchange under the symbol CRFT and on the Frankfurt Stock Exchange under the symbol ZZD1.

What does DTC eligibility mean for BC Craft Supply Co. shares?

DTC eligibility allows BC Craft Supply Co. shares to undergo electronic clearing and settlement in the U.S., potentially enhancing liquidity.

Who is responsible for the information provided in the BC Craft Supply Co. press release?

The press release was prepared by management; the Canadian Securities Exchange and its Regulation Services Provider do not accept responsibility for its accuracy.