NEW YORK, Aug. 19, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Valens Groworks Corp. (TSXV: VGW; OTCQX: VGWCF), a vertically integrated provider of industry leading extraction products and services; including a diverse suite of extraction methodologies, next generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab, has qualified to trade on the OTCQX® Best Market. Valens Groworks Corp. upgraded to OTCQX from the OTCQB® Venture Market.
Valens Groworks Corp. begins trading today on OTCQX under the symbol "VGWCF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Valens Groworks Corp. to the OTCQX Best Market," said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. "Graduating to the OTCQX Market from the OTCQB Market is an important milestone for companies seeking to build visibility and long-term shareholder value in the public market. Congratulations to Valens Groworks on upgrading to the OTCQX Market."
"We are excited to begin trading on the OTCQX® Best Market. Access to trading on the OTCQX, combined with the current work underway to finalize the Company's DTC eligibility, will increase Valens' presence with United States investors, providing increased liquidity to the Company's growing shareholder base," says Tyler Robson, Valens CEO.
About Valens Groworks Corp.
Valens GroWorks Corp. (TSXV:VGW) (VGWCF) is a multi-licensed, vertically-integrated cannabis company focused on being the partner of choice for leading Canadian and international cannabis brands by providing best-in-class, proprietary services including CO2, ethanol, hydrocarbon, solvent-less and terpene extraction, analytical testing, formulation and white label product development. Valens is the largest third-party extraction Company in Canada with an annual capacity of 425,000 kg of dried cannabis and hemp biomass at our purpose-built facility in Kelowna, British Columbia which is in the process of becoming European Union (EU) Good Manufacturing Practices (GMP) compliant. Additionally, our subsidiary Valens Labs is a Health Canada licensed ISO 17025 accredited cannabis testing lab providing sector-leading analytical services and has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant-Based Science.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
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