1933 Industries to Trade on the Pink Open Market
1933 Industries, a Nevada-focused cannabis cultivator and producer, has announced that its common stock has been moved from the OTCQB Market to the OTC Pink Open Market. This transition occurred because the company no longer meets the minimum closing bid price standards required for continued eligibility on the OTCQB. Despite this change, the Pink Open Market still provides brokers with a regulated platform for transparent trading of 1933 Industries' stock.
1933 Industries, un coltivatore e produttore di cannabis focalizzato nel Nevada, ha annunciato che le sue azioni ordinarie sono state trasferite dal mercato OTCQB al mercato OTC Pink Open. Questa transizione è avvenuta perché la società non soddisfa più gli standard minimi di prezzo di offerta di chiusura richiesti per la continuazione dell'idoneità sull'OTCQB. Nonostante questo cambiamento, il mercato Pink Open offre ancora ai broker una piattaforma regolamentata per il trading trasparente delle azioni di 1933 Industries.
1933 Industries, un cultivador y productor de cannabis enfocado en Nevada, ha anunciado que sus acciones ordinarias se han trasladado del mercado OTCQB al mercado OTC Pink Open. Esta transición ocurrió porque la empresa ya no cumple con los estándares mínimos de precio de oferta de cierre requeridos para continuar siendo elegible en el OTCQB. A pesar de este cambio, el mercado Pink Open aún ofrece a los corredores una plataforma regulada para el comercio transparente de las acciones de 1933 Industries.
1933 Industries, 네바다에 중점을 둔 대마초 재배자이자 생산업체,는 자사의 보통주가 OTCQB 시장에서 OTC Pink Open 시장으로 옮겨졌다고 발표했습니다. 이 전환은 회사가 OTCQB에서 계속 자격을 유지하기 위한 최소 종가 기준을 더 이상 충족하지 못하기 때문에 발생했습니다. 이러한 변화에도 불구하고, Pink Open 시장은 여전히 브로커에게 1933 Industries의 주식이 투명하게 거래될 수 있는 규제된 플랫폼을 제공합니다.
1933 Industries, un cultivateur et producteur de cannabis axé sur le Nevada, a annoncé que ses actions ordinaires ont été transférées du marché OTCQB au marché OTC Pink Open. Cette transition a eu lieu parce que la société ne répond plus aux normes minimales de prix d'offre de clôture requises pour continuer à être éligible sur l'OTCQB. Malgré ce changement, le marché Pink Open continue d'offrir aux courtiers une plateforme régulée pour un commerce transparent des actions de 1933 Industries.
1933 Industries, ein auf Nevada fokussierter Cannabiszüchter und -produzent, hat bekannt gegeben, dass seine Stammaktien vom OTCQB-Markt zum OTC Pink Open-Markt verschoben wurden. Dieser Übergang fand statt, weil das Unternehmen die Mindestanforderungen für den Schlusskurs nicht mehr erfüllt, die für die fortdauernde Zulassung am OTCQB erforderlich sind. Trotz dieser Änderung bietet der Pink Open-Markt weiterhin Brokern eine regulierte Plattform für den transparenten Handel mit den Aktien von 1933 Industries.
- The company's stock remains tradable on a regulated platform
- Moved from OTCQB Market to OTC Pink Open Market
- No longer meets minimum closing bid price standards for OTCQB eligibility
- Potential decrease in investor visibility and liquidity
VANCOUVER, BC / ACCESSWIRE / October 3, 2024 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTC Pink:TGIFF), a Nevada-focused cannabis cultivator and producer, announces that its common stock was moved from the OTCQB Market to the OTC Pink Open Market, as it no longer meets the minimum closing bid price standards for continued eligibility on the OTCQB. The Pink Open Market provides brokers with a regulated platform for transparent trading.
About 1933 Industries Inc.
1933 Industries is a Nevada-based licensed producer, focused on the cultivation and extraction of a large portfolio of cannabis consumer products in a variety of formats under its flagship brands, Alternative Medicine Association (AMA) and Level X. Its product offerings are cultivated at the Company's 68,000 sq. ft. indoor facility and marketed directly to retail dispensaries. AMA branded flower, infused pre-rolls, and in-house boutique concentrates consistently rank as the top products sold in Nevada. For more information, please visit www.1933industries.com
For further information please contact:
Alexia Helgason, VP, Investor Relations
604-728-4407
alexia@1933industries.com
Paul Rosen, CEO
paul@1933industries.com
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 release.
Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. 1933 Industries undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: 1933 Industries Inc.
View the original press release on accesswire.com
FAQ
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