Okanagan Cultivators has officially been registered by Morgan Stanley to transfer their company stock electronically through the platform Shareworks. Shareworks This is the next level for Okanagan as the move towards being a public company, the Morgan Stanley platform allows the company to manage shareholder information, compliance and documentation for Okanagan Cultivators.
Shareholders will soon receive their own login information to view their holdings through the Morgan Stanley platform and view the companies information and documents as they are made available. “We are currently working with Morgan Stanley to upload all documentation and should be fully operational online within the next month.” The CEO of Okanagan cultivators reported, “This is a major move for Okanagan Cultivators as we get closer to our planned listing on the TSX, Morgan Stanley’s Shareworks ensures Okanagan Cultivators ability for equity plan management, provides confident disclosures and complies with certainty.”
Okanagan Cultivators has further plans to then be listed on a platform that allows for private issuer stock to be traded between buyers and sellers but has not disclosed more information at this time.