Irwin Naturals Inc said that it has been listed to the OTCQB Venture Market, moving up from its listing on the OTC Pink Sheet Open Market. The company will trade under the symbol ‘IWINF’.
The Vancouver, British Columbia-based company has been known for its supplement formulator since 1994 and is now leveraging its brand to enter the cannabis and psychedelic industries.
The OTCQB offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting, and have undergone an annual verification and management certification process.
READ: Irwin Naturals sets up wholly-owned units to enter US, Canada recreational cannabis market and psychedelic mental health industry
Irwin Naturals also told investors that its shares have become eligible for delivery and depository services with the Depository Trust Company, which facilitates the electronic settlement of transfers of common shares in the United States.
This electronic method of clearing securities expedites the receipt of stock and cash, accelerating the settlement process for investors, and greatly reduces transaction costs for participating brokerages firms.
Irwin was earlier listed for trading on the Börse-Frankfurt Exchange on October 11, 2021, under the securities identification code ‘WKN: A3CVJR’ and the stock symbol ‘97X’.
The company’s growing portfolio of herbal products is available in more than 100,000 retail doors across North America. In 2018, the company first leveraged its brand to expand into the cannabis industry by launching hemp-based CBD products into the mass market.
The company is now leveraging its famous halo of brand trust to become one of the first household name brands to offer THC-based products and psychedelic-assisted services.
Contact Ritika at ritika@proactiveinvestors.com