Pfizer Inc (NYSE:PFE),
BioNTech Inc (NASDAQ:BNTX) and
Moderna Inc (NASDAQ:MRNA).
According to OTC Markets Group, overall dollar trading volume on the OTCQX Market, the top tier of OTC Markets, rose to nearly $11 billion in November, a 65% increase from October. On the OTCQB Venture Market, dollar volume rose 25% to nearly $2.5 billion.
“The elevated trading volume reflects an increase in interest from investors across our markets,” said OTC Markets Group EVP Of Corporate Services Jason Paltrowitz, noting that trading increased in
Roche Holding Ltd (OTCQX:RHHBY),
Danone (OTCQX:DANOY) and BNP Paribas (OTCQX:BNPQY), and
Heineken N.V. (OTCQX:HEINY). “The resolution of the election may have given investors confidence to put some capital to work there.”
(1)
Chicago, Illinois (Newsfile Corp. - December 18, 2020) - RCP23, LLC (the Seller ), a private investment holding company controlled by Benjamin Kovler, CEO and Chairman of Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) (the Issuer ), sold 2,500,000 Subordinate Voting Shares of the Issuer (the Transferred Shares ) to a third-party qualified institutional buyer at a purchase price of C$27.50 per share in a private transaction.
Following the sale, Mr. Kovler, together with his joint actors, holds beneficial ownership or control or direction over 183,254 Super Voting Shares, which represent 58.7% of the class, 0 Multiple Voting Shares, and 2,568,016 Subordinate Voting Shares, which represent 1.4% of the class. The interests in the Seller are held by approximately 300 investors. This transaction represents less than 3% of Mr. Kovler s personal holdings in the Issuer. Each Super Voting Share carries 1,000 votes and is convertible into one Multiple Voting Share and each
Share:
Cannabis stocks have made a big run since the U.S. election in November. However, Cantor Fitzgerald analyst Pablo Zuanic says the spike in coronavirus cases has created significant near-term risk for multi-state operators.
Shutdowns Imminent? The vaccine rollouts that began this week are good news for MSOs in the longer term, but most Americans will not get vaccinated until at least spring or summer of 2021. In the meantime, dispensaries could be at risk of state shutdowns, Zuanic says.
“At this stage, we would be concerned about new restrictions in NV and MA, and even PA and CO (less so in AZ and FL given Republican governors),” he wrote in a note.