The cannabis industry appears very much where it’s at these days, and mCig, Inc. (OTC:MCIG) announced Thursday that its OBITX Inc. arm (49% owsned by mCig). has received approval from the Financial Industry Regulatory Authority (FINRA) for quoting the latter’s common shares, on the Over-the-Counter index, under the symbol OBTX (OTC:OTBX)
“We are looking forward to the new opportunities that come with OBTX finally satisfying the regulatory process. Now is the time to be excited about the future of the company which will be laid out more specifically in the coming weeks,” stated Paul Rosenberg of MCIG Inc.
Headquartered in Jacksonville, Florida, mCig is a diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands.
As for OBTX, its shares climbed 90 cents, or 180%, to $1.40, on volume of just over 2,000 shares.