MediPharm Labs Corp. said its common shares will begin trading on the OTCQB market, a U.S. trading platform operated by the OTC Markets Group.

Ontario-based MediPharm, a cannabis extraction and purification company, will trade under the ticker MLCPF. The company's shares will continue to trade on Canada's TSX Venture Exchange under the symbol LABS.

The additional listing will "improve liquidity and expand MediPharm's presence and exposure in the U.S.," President and CEO Pat McCutcheon said.