TerrAscend Begins Trading on OTCQX Best Market with Symbol TRSSF
TerrAscend Begins Trading on OTCQX Best Market with Symbol TRSSF |
[22-October-2018] |
TORONTO, Oct. 22, 2018 /CNW/ - TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend" or the "Company"), today announced that the Company has been approved for trading on the OTCQX® Best Market ("OTCQX"). TerrAscend's common shares will begin trading under the ticker symbol "TRSSF" today and will continue to trade on the Canadian Securities Exchange (the "CSE") under the symbol "TER".
Michael Nashat, President and Chief Executive Officer, stated, "We are excited to trade on the OTCQX as we seek to build a presence in the U.S. market, broaden investor access to our shares and further create shareholder value." About TerrAscend Corp. About the OTCQX Best Market Caution Regarding Cannabis Operations in the United States While the approach to enforcement of such laws by the federal government in the U.S. has trended toward non-enforcement against individuals and businesses that comply with medical or adult-use cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under U.S. federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. Following any investment made by the Company in operations in the U.S., enforcement of federal laws in the U.S. will be a significant risk to the business of the Company and any proceedings brought against the Company thereunder may adversely affect the Company's operations and financial performance. Forward Looking Information Although TerrAscend believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because TerrAscend can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the forward-looking statements. The statements in this press release are made as of the date of this release. TerrAscend disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. TerrAscend undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of TerrAscend, its securities, or financial or operating results (as applicable). This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States. SOURCE TerrAscend | ||
Company Codes: CNSX:TER, OTC-QX:TRSSF |
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