Mr. Chuck Smith reports
DIXIE BRANDS SHARES NOW TRADING ON FRANKFURT EXCHANGE
Dixie Brands Inc. has listed its shares on the Frankfurt Stock Exchange and taken other steps to increase the liquidity of its shares.
Dixie's subordinate voting shares are now listed and trading on the Frankfurt Stock Exchange under the trading symbol 0QV. Operated by Deutsche Borse AG, the Frankfurt Stock Exchange (known in Germany as Frankfurter Wertpapierborse or FWBtrademark) is one of the world's largest trading centers for securities, and the largest of Germany's seven stock exchanges. This listing will facilitate the process of trading in Dixie shares by investors in Europe and internationally.
"We are pleased to provide new ways for people to invest in Dixie," said Chuck Smith, President and CEO, Dixie Brands. "Interest in our company has been strong since we listed on the Canadian Securities Exchange in November, but many potential investors outside of Canada have faced challenges trading the shares. We continue to take steps to improve our liquidity and ultimately, our access to capital."
Dixie also announced that it has entered into contracts with two market participants with the intention of further enhancing liquidity and awareness of its stock.
Generation Advisers Inc. ("GAI") will provide trading services with the objective of contributing to the liquidity of Dixie's CSE-listed shares in Canada. GAI has been retained for an initial 180-day term which will automatically renew unless terminated by Dixie, for a monthly fee of C$7,500. GAI is an IIROC-registered firm that provides a range of portfolio management and capital markets services.
Integral Wealth Securities Ltd. ("Integral") will provide general capital markets support services, including assisting in maintaining active, orderly training of Dixie's CSE-listed shares. Integral has been retained for an initial 12-month term for a monthly fee of C$6,000. Integral is a private, independent, IIROC-licensed investment dealer headquartered in Toronto.
Neither GAI, Integral, nor any of their associates hold an equity interest in Dixie.
About Dixie Brands, Inc.
Dixie Brands Inc., through its licensed partners, has been formulating award-winning THC and CBD-infused products since 2009, and is expecting to double its manufacturing and distribution capabilities in 2019 in the U.S. as well as expand internationally, including Canada. Dixie leads the global industry in the development, packaging design, product innovation and quality control for the commercial production of cannabis infused products.
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