OTC Markets Group Welcomes Humble & Fume Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group Inc. announced that Humble & Fume Inc. has upgraded to trade on the OTCQX Best Market from the Pink market, effective Dec. 7, 2021. The company, a leading cannabis distributor in North America, will trade under the symbol "HUMBF." The upgrade is aimed at providing transparent trading for U.S. investors, adhering to high financial standards and corporate governance. CEO Joel Toguri emphasized that this move will enhance accessibility to investors and support the company's growth plans.

Positive

• Upgrade to OTCQX enhances visibility and accessibility for U.S. investors.
• Meeting high financial standards indicates a strong financial structure.

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• None.

NEW YORK, Dec. 7, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Humble & Fume Inc. (CSE: HMBL; OTCQX: HUMBF), a leading North American distributor of cannabis and cannabis accessories, has qualified to trade on the OTCQX® Best Market. Humble & Fume Inc. upgraded to OTCQX from the Pink® market.

Humble & Fume Inc. begins trading today on OTCQX under the symbol "HUMBF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.  For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

"With over 20 years of North American distribution experience, Humble continues to bridge the gap between cannabis brands, accessory producers, and the growing retail market in North America," said Joel Toguri, CEO of Humble & Fume Inc. "As we continue to execute on our growth plans, opening up Humble to a wider investor audience by upgrading to OTCQX, will provide for that additional flexibility."

Securities Law USA, PLLC acted as the company's OTCQX sponsor.

About Humble & Fume Inc.
Humble & Fume Inc. is a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and strong fulfillment infrastructure. As the only fully-integrated cannabis distribution solution, Humble bridges the gap for retailers, licensed cannabis producers, multi-state operators, and cannabis consumers to maximize sales penetration, and increase financial performance. With over 20 years of North American operating experience, Humble has cultivated extensive vendor and customer relationships, distributing premium cannabis consumables and consumption devices. The Company is comprised of four subsidiaries that represents its vertical integration across North America: B.O.B. Headquarters Inc. / Humble+Fume, Windship Trading LLC, Humble+ Cannabis Solutions and Fume Labs Inc.

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 over 11,000 U.S. and global securities.  Through our regulated OTC Link^® Alternative Trading Systems, the Company connects 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 their investors.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

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SOURCE OTC Markets Group Inc.

FAQ

What is the significance of Humble & Fume Inc.'s upgrade to OTCQX on December 7, 2021?

The upgrade to OTCQX signifies enhanced transparency and credibility for Humble & Fume Inc., allowing for improved trading conditions and investor accessibility.

What does trading under the symbol HUMBF mean for investors?

Trading under the symbol HUMBF allows investors to easily track and trade shares of Humble & Fume Inc. on the OTCQX, a regulated marketplace.

What are the benefits of OTCQX for Humble & Fume Inc.?

Benefits of OTCQX include increased visibility, access to a broader investor base, and compliance with strict financial and governance standards.

How does Humble & Fume Inc. plan to utilize its upgrade to OTCQX?

Humble & Fume Inc. plans to leverage the upgrade to attract more investors and support its growth strategies in the cannabis distribution market.