Avicanna Joins OTCQX Best Market

OTC Markets Group Inc. OTCM announced Tuesday that Avicanna Inc. AVCN AVCNF has qualified to trade on the OTCQX Best Market.

Avicanna will start trading on OTCQX under the ticker symbol “AVCNF” on Tuesday.

"We are pleased to welcome Avicanna to the OTCQX Best Market," Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group said in a statement. "Trading on the OTCQX Market is an important milestone for companies seeking to build visibility and long-term shareholder value in the public market. We look forward to supporting Avicanna and its shareholders."

Click here for more information about the upcoming Benzinga Cannabis Capital Conference Oct. 22-23 in Chicago.

Avicanna’s President Setu Purohit also commented on the news.

"Trading on the OTCQX Market represents a significant step in Avicanna's capital markets strategy and journey to become an international leader in the biopharmaceutical industry. The achievement will allow us increased access to the U.S. capital markets and industry participants with extensive experience in evaluating pharmaceutical companies. Trading on OTCQX is also expected to provide a streamlined process for U.S. investors to transact in our securities and enhanced liquidity for all shareholders," Purohit said.

Posted In: CannabisNewsMarketsJason PaltrowitzSetu Purohit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...