FORT LAUDERDALE, FL, Jan. 24, 2018 (GLOBE NEWSWIRE) --
SanSal Wellness Holdings, Inc. (“SanSal Wellness” or the “Company”) (OTC PINK: SSWH), a vertically-integrated agribusiness focused on producing full spectrum natural phytocannabinoid-rich industrial hemp extracts, today announced that the Company has filed an application with OTC Markets Group, Inc. for SSWH shares to be uplisted for trading on the OTCQB tier of the over-the-counter market maintained by OTC Markets Group.
“We are very confident that SanSal Wellness meets all of the auditing, financial, and management reporting requirements to have its shares listed for trading on the more senior OTCQB market tier,” stated Alexander M. Salgado, CEO and co-founder of SanSal Wellness. “By uplisting to the more transparent and reputable OTCQB, our current stakeholders and potential investors will have even greater confidence in our business strategy, management team, operations, products, and long-term value-building goals. We look forward to utilizing the increased investor visibility once the market uplist is complete, as well as additional liquidity for our shares.”
The application to trade on the OTCQB® Venture Market is subject to review and approval by OTC Markets Group. The Company anticipates the application will be reviewed and approved within the next 10 to 14 days.
About SanSal Wellness Holdings, Inc.
SanSal Wellness Holdings, Inc. (OTC Pink: SSWH) is focused on producing superior quality, whole-plant, broad spectrum phytocannabinoid-rich hemp oils and extracts. SanSal Wellness currently operates a 140-acre farm and production facilities in Pueblo, Colorado, and is registered with the Colorado Department of Agriculture to grow industrial hemp. The Company files periodic reports with the Securities and Exchange Commission, which can be viewed at www.sec.gov.
For additional information, visit www.sansalwellness.com
Cautionary Language Concerning Forward-Looking Statements
This SanSal Wellness Holdings, Inc. press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the Company’s mission statement and growth strategy, are “forward-looking statements.” Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update any of the information contained or referenced in this press release.