Michigan-based cannabis company Gage Growth Corp. GAGE GAEGF confirmed Friday that it has upgraded from the Pink market and qualified to trade on the OTCQX Best Market under the ticker symbol "GAEGF.”
"We are excited to be upgraded to OTCQX, which allows us to increase visibility and improve liquidity" Fabian Monaco, CEO of Gage stated. "We look forward to continuing to add shareholder value and executing on our exciting growth plans in Michigan and beyond."
The OTCQX Best Market provides investors with a premium US public market to research and trade GAEGF. It is also the highest market tier of OTC Markets on which over 11,000 US and global securities trade. Upgrading to the OTCQX is an important milestone for Gage, as it provides transparent trading, visibility and accessibility for its US investors.
Earlier this week, Gage Growth reminded its shareholders to vote to approve the proposed transaction with TerrAscend TRSSF.
More recent news from Gage:
TerrAscend Closer To Gage Cannabis Acquisition, Receives Michigan Pre-Qualification Approval
Gage Extends Exclusive Licensing Agreement With COOKIES In Michigan For Another Two Years
Price Action
Gage Growth’s shares were trading 5.28% higher at $1.51 per share at the time of writing Friday morning.
Photo: Courtesy of Elsa Olofsson on Unsplash
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Click on the image for more info.
Cannabis rescheduling seems to be right around the corner
Want to understand what this means for the future of the industry?
Hear directly for top executives, investors and policymakers at the Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9.
Get your tickets now before prices surge by following this link.