QualityStocksNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) DTC Eligibility Promotes Convenience, Liquidity for Investors
West Coast cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) announced in September that it has obtained eligibility from the Depository Trust Company (“DTC”) for its shares on the U.S. OTC Markets (http://ibn.fm/vuNFP). An article discussing the company reads, “The DTC uses an electronic method of clearing securities, which speeds up the receipt of stocks and cash, accelerates the settlement process for investors and reduces transactional costs. DTC eligibility enables the stock to be traded over a wider selection of brokerage firms, because DTC eligibility is required by many as a measure of compliance. . . .…