#Mota Ventures Corp. announced that it has received approval from the #Depository #Trust Company (“#DTC”) to make the Company’s common shares eligible to be electronically cleared and settled through DTC. Mota is an established #eCommerce, direct-to #consumer provider of a wide range of #CBD products in the United #States and #Europe. In the #UnitedStates, the Company sells a CBD #hemp-oil formulation derived from hemp grown and formulated in the US through its Nature’s #Exclusive brands. Within Europe, its Satavida brand of award winning 100% #organic #CBDoils and #cosmetics are sold throughout #Spain, #Portugal, #Austria, #Germany, #France, and the #UnitedKingdom. DTC, a subsidiary of the Depository Trust and Clearing Corporation, a United States company manages the electronic clearing and settlement of publicly traded companies. It’s Eligibility incorporates an electronic method of clearing securities that speeds up the receipt of #stock and #cash, and thus accelerates the settlement process for certain investors. The corporation is member of the U.S. #Federal #Reserve System, a limited-purpose trust company under #NewYork State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission.

Furthermore, Ryan Hoggan, #CEO of Mota stated, “We are very pleased to have obtained DTC eligibility as it simplifies the process of #investors and #brokers trading and exchanging our stock in the United States, which will benefit Mota and our shareholders. I also expect that being DTC eligible will improve our overall liquidity and help to broaden our shareholder base in #North #America,” the company trades as MOTA on the CSE and PEMTF on the OTC.

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