Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has secured eligibility by The Depository Trust Company (“DTC”) for its shares on the OTC. A U.S. company and a subsidiary of the Depository Trust & Clearing Corporation, DTC manages the electronic clearing and settlement of publicly traded companies, and its services provide cost benefits for investors and brokers trading Canadian securities in the United States. Per the update, DTC eligibility permits shares of PLUS Products to be distributed, settled and serviced through DTC’s automated processes, leveraging efficiencies of electronic clearing and settlement of securities. “We are pleased to have been cleared for eligibility on the DTC,” PLUS Products Co-Founder and CEO Jake Heimark said in the news release. “This eligibility offers our U.S. institutional and retail investors an expedient and trustworthy platform on which to trade our stock and increases share liquidity in all public markets in which we trade.”
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About Plus Products Inc.
Plus Products creates safe and delicious cannabis food products. Founded by a chef from a Michelin Star restaurant, Ivy League chemist and food manufacturing experts, PLUS’s mission is to make cannabis safe and approachable – that starts with high-quality products that deliver consistent experiences. The gummies are manufactured at PLUS’s own factory in Adelanto, CA, where dosage is tested twice internally and then tested twice again by an independent lab. PLUS is headquartered in San Mateo, CA with 60 employees. For more information, visit the company’s website at www.PlusProducts.com.
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