Cannara Biotech Joins OTCQX

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NEW YORK — Vertically integrated cannabis operator Cannara Biotech Inc. qualified to trade on the OTCQX® Best Market, operated by OTC Markets Group Inc. The move is an over-the-counter uplisting from the OTCQB® Venture Market.

Cannara Biotech Inc. began trading on the OTCQX January 14 under the symbol LOVFF.

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President Donald Trump delivers remarks after signing an executive order to reclassify marijuana, directing federal agencies to expedite cannabis rescheduling from Schedule I to Schedule III.

The OTCQX market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.

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President Donald Trump delivers remarks after signing an executive order to reclassify marijuana, directing federal agencies to expedite cannabis rescheduling from Schedule I to Schedule III.