NEW YORK, Sept. 27, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities,
today announced VIVO Cannabis Inc. (TSX-V: ABCN; OTCQX: VVCIF), a Canadian licensed producer of medical cannabis, has
qualified to trade on the OTCQX® Best Market. VIVO Cannabis upgraded to OTCQX from the OTCQB® Venture Market.
VIVO Cannabis begins trading today on OTCQX under the symbol "VVCIF." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Congratulations to VIVO Cannabis on upgrading to the OTCQX Best Market," said Jason
Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "VIVO Cannabis joins more than 28
companies this year that have utilized the OTCQB Venture Market to build visibility and graduate to the OTCQX Best Market. We
look forward to continuing to support the company and its investors."
"Our decision to move to the OTCQX® Best Market reflects the building interest in our story and will allow us to increase our
exposure to the investment community, both in Canada and internationally," stated Barry Fishman, CEO of VIVO. "We are excited to increase liquidity and transparency for our shareholders
through an established and respected platform."
VIVO Cannabis was sponsored for OTCQX by J.P. Galda & Co., a qualified third-party firm responsible for providing guidance
on OTCQX requirements and recommending membership.
About VIVO Cannabis Inc.
VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and
services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with
proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including
Beacon Medical™, FIRESIDE™, Canna Farms™ and Lumina™. In August 2018, VIVO acquired Canna Farms
Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.'s
first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient
base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product
development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a
patient-centric and highly scalable network of specialty medical cannabis clinics as well as a new free telemedicine app
providing best-in-class education and support to over 15,000 patients. VIVO has a healthy balance sheet with over $100 million in cash and is well-positioned to accelerate the growth of our business, in Canada and internationally.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: 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.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.