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Cannara Achieves OTCQX Qualification and Announces Release of Fiscal Q1 2026 Financial Results on January 26, 2026
Globenewswire· 2026-01-14 14:00
Core Viewpoint - Cannara Biotech Inc. has qualified to trade its common shares on the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors while maintaining its listings on the TSX Venture Exchange and Frankfurt Stock Exchange [1][2][3]. Company Overview - Cannara Biotech Inc. is a vertically integrated producer of premium-grade cannabis products, operating two mega facilities in Québec that span over 1,650,000 sq. ft. [1][10]. - The company has the potential annualized cultivation output of 100,000 kg, leveraging Québec's low electricity costs to produce affordable premium-grade cannabis products [10]. Trading and Market Access - Effective January 14, 2026, Cannara's common shares will trade on OTCQX under the symbol "LOVFF", which is expected to enhance the company's exposure to institutional and retail investors in the U.S. [2][4]. - OTCQX is designed for established companies and requires adherence to high financial reporting standards and corporate governance practices [3]. Financial Disclosures - Cannara Biotech will release its financial results for Q1 2026 on January 26, 2026, at 7:00 a.m. ET, followed by a webcast at 11:00 a.m. ET [5][6]. Shareholder Engagement - The Annual General and Special Meeting of shareholders is scheduled for January 29, 2026, at 11:00 a.m. ET, to be held via live webcast [7][8].
OTC Markets Group Welcomes Cannara Biotech Inc. to OTCQX
Globenewswire· 2026-01-14 12:00
Core Insights - Cannara Biotech Inc. has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market, which signifies a milestone for the company in enhancing visibility among U.S. investors [1][3][4] Company Overview - Cannara Biotech Inc. is a vertically integrated producer of premium-grade cannabis and cannabis-derivative products, operating two mega facilities in Québec with a total area of over 1,650,000 square feet, allowing for a potential annual cultivation output of 100,000 kg [5] - The company leverages Québec's low electricity costs to produce affordable premium-grade cannabis products [5] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices, which Cannara has successfully achieved [3] - The upgrade to OTCQX is expected to support Cannara's long-term capital markets strategy by enhancing its visibility and credibility with U.S. investors [4]
SHARC Energy Strengthens Board of Directors with Appointments of Kevin Hydes and Shane Dungey
Globenewswire· 2026-01-13 13:00
Core Insights - SHARC International Systems Inc. has appointed Kevin Hydes and Shane Dungey to its Board of Directors, enhancing governance with expertise in sustainable design and capital markets Group 1: Appointments and Expertise - Kevin Hydes is a leader in sustainable building design with over 20 years of experience, known for advancing high-performance, low-carbon buildings and communities [2][3] - Hydes has been involved in significant sustainability initiatives, including LEED Platinum and net-zero projects, and has held leadership roles in various green building councils [3] - Shane Dungey brings over 20 years of experience in global capital markets, specializing in asset management, sales, trading, and corporate strategy [4][5] - Dungey has held senior roles in corporates and investment firms, providing insights into financial markets and growth strategies [5] Group 2: Company Vision and Strategy - The appointments of Hydes and Dungey are expected to strengthen SHARC Energy's ability to scale its Wastewater Energy Transfer technology globally [5] - The company aims to advance the adoption of its technology across buildings, communities, and district energy systems, aligning with its mission to transform thermal energy recovery [5][6] - SHARC Energy is recognized as a leader in energy transfer using wastewater, providing energy-efficient systems for heating, cooling, and hot water production [6]
GOAT Industries Announces OTCQB Uplist
Thenewswire· 2025-10-08 22:50
Core Viewpoint - GOAT Industries Ltd. has received approval for its common shares to be traded on the OTCQB Venture Market, effective October 9, 2025, enhancing its visibility and credibility in the U.S. market [1][2]. Group 1: Uplisting Significance - The uplisting to the OTCQB marks a significant milestone in GOAT's capital markets strategy, emphasizing the company's commitment to transparency, governance, and growth [2]. - This achievement improves liquidity and accessibility for U.S. investors, expanding market depth and trading volume [2]. - The OTCQB is recognized as a premier venture market for early-stage companies that meet stringent financial reporting and governance standards, providing a platform for greater transparency and stronger corporate governance [2]. Group 2: Management Commentary - Interim CEO Kevin Cornish stated that achieving OTCQB status reflects the company's commitment to transparency and governance, and is expected to enhance market visibility and liquidity [3]. - The company reassured existing shareholders that no action is required on their part, as it will continue to trade on the CSE under the symbol "GOAT" [3]. Group 3: Company Overview - GOAT Industries Ltd. is an investment issuer focused on investing in high-potential companies across various industries, aiming to generate maximum returns from its investments [4].
GCANRx Announces Uplisting to New Market Tier
Globenewswire· 2025-06-30 13:06
Core Insights - Greater Cannabis Company, Inc. has received approval to transition to the OTCID Basic Market, effective July 1, 2025, marking a significant milestone in its capital market strategy [1][2][3] Group 1: Company Overview - Greater Cannabis Company is a clinical stage biopharmaceutical company focused on developing cannabinoid therapeutics and consumer products, particularly for neuropsychiatric disorders [5] - The company's mission is to provide innovative cannabis-based treatments to address unmet medical needs globally [5] Group 2: Market Transition - The transition to the OTCID Basic Market signifies a commitment to higher standards of transparency, compliance, and corporate governance, enhancing visibility and credibility with investors [2][3] - Companies in the OTCID Basic Market must meet stringent financial standards and comply with U.S. securities laws [2] Group 3: Management Perspective - The CEO of Greater Cannabis Company expressed excitement about the uplist to OTCID, highlighting its potential to increase shareholder base, liquidity, and transparency in trading [3]