Cannabinoid therapeutics
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GCANRx Announces Relisting To OTCQB Market Tier
Globenewswire· 2025-12-03 12:45
Core Viewpoint - The Greater Cannabis Company, Inc. has received approval for its common stock to be quoted on the OTCQB Venture Market, which is expected to enhance investor benefits through improved reporting standards and greater market visibility [1]. Group 1: Company Overview - The Greater Cannabis Company is a clinical stage biopharmaceutical company focused on developing cannabinoid therapeutics, particularly for neuropsychiatric disorders [4]. - The company's mission is to bring innovative cannabis-based treatments to the global market to address unmet medical needs [4]. Group 2: Market Position and Compliance - The move to the OTCQB requires companies to meet high financial standards and comply with U.S. securities laws, which enhances transparency and reporting standards [1]. - The OTCQB is recognized by the SEC as an established public market, which can lead to increased liquidity and awareness for companies listed on it [1].
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]