STWC Holdings upgrades stock listing to OTCQB
Change improves capital market transparency for Denver-area cannabis company
LAKEWOOD, Colo. (Feb. 26, 2019) – Publicly held-STWC Holdings, Inc. (OTCQB: STWC), the nation’s foremost consulting firm in the development of cannabis-related businesses, has qualified for listing on the OTCQB stock exchange.
The evolutionary step for STWC Holdings is considered an upgrade from its previous status as a member of the OTCPK (pink sheets), and company executives expect that investors will appreciate the additional transparency into the company’s financial picture.
“This progression into the OTCQB confirms what we have already been telling investors, that STWC Holdings is perhaps one of the most well-respected in the cannabis industry,” said Erin Phillips, chief executive officer of STWC.
Under the DBA name of Strainwise®, the company has been completing projects all over the country, wherever people can benefit from the Strainwise® knowledge of ways to turn legal marijuana and hemp-based CBD products into respectable, economically healthy businesses. Most recently, STWC announced the opening of a CBD store near the Will Rogers Airport in Oklahoma City, located next door to a shop that will soon open as a Strainwise® medical marijuana dispensary.
The OTCQB has tighter reporting standards, and analysts tend to focus more regularly on companies listed there, meaning investors should receive more detailed information from a third-party perspective. The change also typically translates into greater liquidity of the equities. The promotion to the OTCQB will also qualify STWC for consideration by institutional investors, who typically have policies against investing in pink-sheet companies. To be eligible for the OTCQB, companies must comply with stricter reporting requirements, verify the integrity of its business practices on an annual basis, and gain management certification. The OTCQB says it is for “established, investor-focused U.S. and international companies.”
About STWC Holdings, Inc. Headquartered in Lakewood, Colo., STWC Holdings, Inc. (OTCQB: STWC) plans on becoming a complete ecosystem of entities and services that support the burgeoning cannabis industry. From capital, strategic partnership, and seed-to-sale consulting to design, marketing and advertising services, we intend to be highly diversified within the industry. We are a team of highly capable industry veterans that creates value for our partners by providing access to our comprehensive suite of assets. We develop made-to-order solutions to address the range of challenges that cannabis entrepreneurs and businesses face. ¬¬We believe in the value of cannabis, and we’re laying the foundation for its future. For more information: 303-736-2442, or go to StrainwiseConsulting.com.