CRB Monitor Securities Database Updates
During the week of Monday January 31, 2022, CRB Monitor’s research team made several updates to securities and added source documents and relevant news articles to the CRB Monitor database.
Summary of the updates for the Week of Monday January 31, 2022:
|
Tier |
Total # |
Active / Inactive |
Added |
Removed |
Net Change |
|
Tier 1A |
106 |
88 / 18 |
+0 | -0 | +0 |
|
Tier 1B |
689 |
581 / 108 |
+2 | -0 | +2 |
|
Tier 2 |
355 |
330 / 25 |
+2 | -1 | +1 |
|
Tier 3 |
572 |
551 / 21 |
+2 | -0 | +2 |
|
Total Issuances |
1,722 |
1,550 / 172 |
+6 |
-1 | +5 |
|
Total Issuers |
1,404 |
- |
+5 |
-0 | +5 |
- Added 2 Tier 1B Securities:
- +1 = New CRB ("Dr. Reddy's Laboratories Limited")
- +1 = CRB Tier Upgraded from Tier 2 (“Nutranomics, Inc.”)
- +1 = New CRB ("Dr. Reddy's Laboratories Limited")
- Added 2 Tier 2 Securities & Removed 1 Tier 2 Security:
- -1 = CRB Tier Upgraded to Tier 1B (“Nutranomics, Inc.”)
- +1 = New CRB ("SPO Networks, Inc.")
- +1 = New CRB ("Silver Spike Investment Corp.")
- Added 2 Tier 3 Securities:
- +1 = New CRB ("Unitil Corporation")
- +1 = New CRB ("PepsiCo, Inc.")
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Sector |
Description |
| 1B | Owner/Investor |
Dr. Reddy's Laboratories Limited is an India-based integrated pharmaceutical company. Dr. Reddy’s entered into a definitive agreement to acquire Nimbus Health GmbH, a privately owned & Germany-based licensed pharmaceutical wholesaler focusing on medical cannabis products. |
|
| 2 | SPAC |
SPO Networks, Inc. is a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries. SPO’s business plan is to acquire various cannabis-related real estate and assets through structured financing. SPO’s cannabis activities will include the cultivation, processing, and wholesaling of cannabis and cannabis extracts in Colorado to licensed retailers and wholesalers. |
|
| 2 | SPAC |
Silver Spike Investment Corp. is a newly-organized specialty finance company formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. |
|
| 3 | Professional Services |
Unitil Corporation is a public utility holding company. Through its subsidiary Fitchburg Gas and Electric, Unitil provides both electric and gas service in the greater Fitchburg area of north central Massachusetts. Per its own admission, Fitchburg's customers include "cannabis growing and processing facilities," among others. |
|
| 3 |
Food, Beverage & Tobacco |
PepsiCo, Inc. is a global food and beverage company. PepsiCo, through its brand Rockstar Energy, is creating a new kind of energy drink made with hemp oil. Additionally, PepsiCo released a line of hemp-infused energy drinks in Germany. |