OTC Markets Group Welcomes MTL Cannabis Corp. to OTCQX

Rhea-AI Summary

OTC Markets Group announced that MTL Cannabis Corp. (CSE: MTLC; OTCQX: MTLNF) has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market. The cannabis cultivation and production company began trading under the symbol MTLNF on June 10, 2025. The OTCQX Market is designed for established companies meeting high financial standards, best practice corporate governance, and securities law compliance. This upgrade represents a strategic move to enhance MTL Cannabis Corp.'s visibility among U.S. investors and increase market accessibility. CEO Michael Perron emphasized this milestone's importance in expanding their presence in the U.S. market and strengthening their position in the global cannabis industry.

Positive

• Upgrade to OTCQX Best Market indicates company meets higher financial and governance standards
• Enhanced visibility and accessibility to U.S. investors
• Potential for increased trading liquidity in the U.S. market
• Strategic expansion of market presence in the United States

Negative

• None.

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced MTL Cannabis Corp. (CSE: MTLC; OTCQX: MTLNF), a company engaged in the cultivation and production of cannabis products for recreational and medical purposes, has qualified to trade on the OTCQX® Best Market. MTL Cannabis Corp. upgraded to OTCQX from the OTCQB® Venture Market.

MTL Cannabis Corp. begins trading today on OTCQX under the symbol “MTLNF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Our upgrade to the OTCQX® Best Market marks a significant milestone for MTL Cannabis Corp. as we expand our presence and accessibility in the US market," said Michael Perron, CEO of MTL Cannabis Corp. "This step underscores our commitment to reaching a broader investor base, increasing liquidity, and positioning MTL Cannabis Corp. as a key player in the global cannabis industry.”

About MTL Cannabis Corp.
MTL Cannabis Corp., through its subsidiaries, engages in the cultivation and production of cannabis products for recreational and medical purposes in Canada.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX^® Best Market, OTCQB^® Venture Market, and Pink^® Open Market.

Our OTC Link^® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

FAQ

What does MTL Cannabis Corp.'s upgrade to OTCQX mean for investors?

The upgrade to OTCQX provides U.S. investors better access to trade MTLNF shares, increased visibility, and indicates the company meets higher financial and governance standards compared to OTCQB.

When did MTL Cannabis Corp. (MTLNF) begin trading on OTCQX?

MTL Cannabis Corp. began trading on the OTCQX Best Market on June 10, 2025, under the symbol MTLNF.

What are the requirements for trading on the OTCQX Best Market?

Companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws to qualify for OTCQX trading.

What is MTL Cannabis Corp.'s main business?

MTL Cannabis Corp. is engaged in the cultivation and production of cannabis products for both recreational and medical purposes.

What stock exchanges does MTL Cannabis Corp. trade on?

MTL Cannabis Corp. trades on the Canadian Securities Exchange (CSE: MTLC) and the OTCQX Best Market (OTCQX: MTLNF).