NewsMV
Penny stocks priced below 10 cents trade almost entirely through the OTC Markets Group, away from the NASDAQ and other major exchanges that carry minimum listing standards most of these companies cannot meet.
Benzinga's Ryan Peterson surveyed the category, identifying Medical Marijuana Inc, Caduceus Software Systems, Virtual Medical International Inc, and Fiore Cannabis Ltd among the names in focus.
The mechanism matters more than any one-day return headline. How the pink sheets actually work The OTC market carries an informal name: the pink sheets.
The label comes from the color of the paper on which quotes were originally published.
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