CannabisNewsBreaks – GreenStar Biosciences Corp. (CSE: GSTR) (OTC: GTSIF) Secures DTC Eligibility
Nov 22, 2019
GreenStar Biosciences (CSE: GSTR) (OTC: GTSIF), a growth-oriented technology and services company that provides real estate, financial, management and other support to licensed cannabis businesses in the U.S., on Thursday announced that it has secured DTC eligibility by The Depository Trust Company (“DTC”) for electronic settlement and transfer of its common shares in the United States. A subsidiary of the Depository Trust & Clearing Corporation (“DTCC”), the DTC manages the electronic clearing and settlement of publicly traded companies. Securities eligible for this electronic clearing method are considered “DTC eligible,” with the method speeding up the receipt of stock and cash, and accelerating the settlement process for investors and brokers. “Together with our recent OTC listing, having our securities made DTC eligible should further enhance trading liquidity and provide additional exposure to U.S. and institutional investors,” GreenStar CEO Rahim Rajwani said in the news release.
To view the full press release, visit http://cnw.fm/k3GzC
About GreenStar
GreenStar is a growth-oriented technology and services company that provides real estate, financial, management, IP and branding support to licensed cannabis businesses in the United States. The Company operates a growing portfolio of tenant partner companies in the United States. GreenStar applies refined strategies tested in the Washington State market to help partner companies reach their full potential. Based in Vancouver, BC, GreenStar intends to facilitate growth through acquisitions and development of additional assets, products and technologies in legal cannabis markets by leveraging its capital markets, branding and operational expertise. For more information, visit the company’s website at www.GreenStarBiosciences.com.
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