COSTA MESA, Calif. – Gold Flora Corporation’s common shares have been approved to quote on the OTC Market’s Group Inc.’s OTCQB Venture Market in the United States, under the ticker symbol “GRAM”, effective October 23.
“This has been a very productive year, and I’d like to thank our team for their efforts to restore our OTC listing,” said Laurie Holcomb, Chief Executive Officer and Chairman of Gold Flora. “Recommencing trading on the OTCQB will make it easier for a broader base of potential U.S. investors to invest in Gold Flora and participate in our long term success.”
The OTCQB is recognized as an “established public market” by the U.S. Securities and Exchange Commission and is a leading market for U.S. and international companies in the entrepreneurial and development stage. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and detailed certification process. The OTCQB quality standards are expected to provide increased transparency and more detail on market depth including greater disclosure of market makers as well as improved liquidity. As a verified market with efficient access to U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation.
OTC Markets Group Inc. provides price and liquidity information for almost 10,000 over-the-counter securities. The group’s headquarters are in New York City. OTC securities are organized into three markets to inform investors of opportunities and risks: OTCQX, OTCQB, and OTCID.
About Gold Flora Corporation
Gold Flora Corporation is a female-led, vertically-integrated cannabis leader that owns and operates multiple premium indoor cannabis cultivation facilities, 16 retail dispensaries in strategic geographies, a distribution business selling first party and third party brands into hundreds of dispensaries across California, and a robust portfolio of 8 cannabis brands, including Gramlin. The Company’s retail operations include Airfield Supply Company, Caliva, Coastal, Calma, King’s Crew, Varda, Deli, and Higher Level dispensaries, and its distribution company operates under the name Stately Distribution.
With hubs throughout the state, the Company distributes many prominent brands, including its own premium lines Gramlin, Gold Flora, Cruisers, Roll Bleezy, Aviation Cannabis, Jetfuel Cannabis, Mirayo by Santana, and Monogram.
