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ICC International Cannabis Corp.

International Cannabis ponders listing on major international exchange

The Vancouver-based cannabis company is looking to the US or London for a new listing

cannabis plant with hand
Vancouver-based ICC is developing cultivation platforms for cultivation, extraction, formulation and distribution

International Cannabis Corp (CSE:WRLD.U) (OTCMKTS:WLDCF) may soon be listed on a major international exchange, it announced on Thursday.

The cannabis company is pursuing a public listing on either the Nasdaq, the New York Stock Exchange or the AIM in London.

Shares of ICC powered over 6% higher to US$0.34 in Canada and over 8% to $0.34 in the US by midday Thursday.

Vancouver-based ICC is developing cultivation platforms for cultivation, extraction, formulation and distribution for cannabis and has operating assets in the UK, Europe, Australia, South America and Africa.

READ: ICC International Cannabis Corp nabs spot on Horizons Medical Marijuana Life Sciences ETF

“ICC is committed to architecting a premier international cannabis company, and a listing on a major U.S. Exchange or the AIM will assist with expediting the expansion of our global presence,” said Eugene Beukman, International Cannabis Corp’s CEO. “A public listing on a major international exchange will equip ICC with broader access to international capital, as well as foster long-term shareholder value by significantly increasing market awareness, liquidity and by attracting a broader audience of investors.”

--Updated to reflect current share price--

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: ICC International Cannabis Corp.

Price: $0.06

Market: CSE
Market Cap: $40.08 m
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