Business
Choom™ Common Shares Now DTC Eligible
Choom™ Common Shares Now DTC Eligible.
About this update from Choom Hldgs Inc.
[{"type":"text","content":"\n\n\n\nChoom™ Common Shares Now DTC Eligible\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nChoom™ Common Shares Now DTC Eligible\nCanada NewsWire\nVANCOUVER, March 2, 2018\n\n\n\nVANCOUVER, March 2, 2018 /CNW/ - Choom™ (CSE: CHOO; OTCQB: CHOOF) is pleased to announce it has received processing approval from The Depository Trust Company (\"DTC\") of New York, NY and is now DTC eligible. Being DTC eligible is expected to greatly simplify the process of trading and exchange of the Company's common stock on the OTC marketplace in the United States. \n\n\n\nThe Depository Trust Company (DTC) is a subsidiary of the Depository Trust & Clearing Corporation DTCC, that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered \"DTC eligible.\" This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.\n\nThe Company's common shares are quoted for trading on the OTCQB, a U.S. interdealer quotation system, under the symbol \"CHOOF\". Chooms' common shares principally trade and are listed on the Canadian Securities Exchange under the symbol \"CHOO\".\n\nSAY HELLO TO CHOOM™Choom™ was created for and inspired by the Choom Gang; a group of buddies in Honolulu during the 1970's who loved to smoke weed—or as the locals called it, \"Choom\". Now, after four decades, Choom™ is bringing the spirit of Hawaii to the Okanagan and Canada. We're planting our flag in the rapidly growing legal cannabis industry in Canada with our own brand of high-grade handcrafted herb. Added Choom™ will provide an amazing experience for customers, and bring style, sophistication and fun to the cannabis market through our Choom™ stores.\n\n\"Chris Bogart\" President & CEO\n\nCautionary Statement:\n\nNEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF ...