Ox Distribution is the global sales force behind CBD company Zoetic Interntnl PLC (ZOE) with the commencement of trading on the OTCQX in January 2021.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
Zoetic’s ordinary shares will continue to trade on the London Stock Exchange under the symbol ZOE.
Zoetic-branded CBD products are sold in both the UK and Europe. This is the Company’s premium brand and it seeks to distinguish itself from its competitors by producing high quality products with full transparency of ingredients (disclosed on the label and the Company’s own website). Zoetic sells CBD oils (tinctures) and softgels as well as cosmetics and beauty products.
Chill began as the Company’s tobacco alternative brand but has since expanded to include a range of CBD gummies. The edible sweets are currently only sold in the UK and Europe and come in two strengths and two flavour combinations. In the US, Zoetic sells smokables and chew pouches, primarily through convenience stores and its US website. Each are available in three flavours.
Within its natural resources division, Zoetic has a re-fracking and well protection technology, DT Ultravert. Acreage in West Denver, Kansas. As stated above, the Company is currently seeking to realise value from these projects whereupon it will reinvest the cash in growing its CBD business.
Trevor Taylor, Co-CEO of Zoetic, commented, “The combination of trading on OTCQX and index inclusion reflect the Company’s tremendous progress towards transitioning to a pure play, integrated CBD company over the past 12 months. Our recent product development and wholesale distribution expansion have set the stage for the first leg of projected multi-year, sustainable growth for the Company. We couldn’t be more pleased with our progress to date, as well as our current position in this high-growth market.”
