RESOURCES | Data Updates | Securities

Cannabis-Linked Securities | Weekly Update | April 11 - 17, 2022
Published on April 21, 2022

CRB Monitor Securities Database Updates

During the week of April 11 - 17, 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 April 11 - 17, 2022:

Tier

Total #

Active / Inactive

Added

Removed

Net Change

Tier 1A

145

123 / 19 / 3

+0 -0 +0

Tier 1B

713

591 / 119 / 3

+13 -0 +13

Tier 2

370

340 / 26 / 4

+0 -1 -1

Tier 3

572

544 / 27 / 1

+0 -2 -2

Total Issuances

1,800

1,598 / 191 / 11

+13

-3 +10

Total Issuers   (w/o Pre-IPOs)

1,400

-

+12

-2 +10

Total Issuers    (w/ Pre-IPOs)

1,411

-

+12

-2 +10

 

  • Added 13 Tier 1B Securities:
    • +10 = New CRBs (10 Cannabis-Themed Indexes)
      • Cannabis Composite Index GTR
      • Cannabis Composite Index NTR
      • Cannabis Composite Index PR
      • DER AKTIONÄR North America Cannabis Select 10 Performance-Index NTR
      • DER AKTIONÄR North America Cannabis Select 10 Performance-Index PR
      • DER AKTIONÄR North America Cannabis Select 10 Performance-Index TR
      • Foxberry Medical Cannabis & Life Sciences USD Index
      • Foxberry Medical Cannabis & Life Sciences USD Net Total Return Index
      • Medical Cannabis and Wellness Equity Index PR
      • Medical Cannabis and Wellness Equity Index TR
    • +2 = New CRBs (2 Non-Cannabis-Themed ETFs)
      • B.A.D. ETF
      • Defiance Next Gen Altered Experience ETF
    • +1 = CRB Tier Upgraded to 1B (“Branded Legacy, Inc.”)
      • Rationale = Branded Legacy signed a letter of intent to acquire Kamino Propagation & Research, LLC. Kamino, located in Newberry, FL, is in the business of growing, farming, harvesting and selling industrial hemp (i.e., “plant-touching”).
  • Removed 1 Tier 2 Security:
    • -1 = CRB Tier Upgraded to 1B (“Branded Legacy, Inc.”)
  • Removed 2 Tier 3 Securities:
    • -1 = Removed CRB from Database (“Intema Solutions Inc.”)
      • Rationale = Intema Solutions Inc. was previously involved in the cannabis industry through the provision of consulting and marketing services. However, in April 2022 Intema announced it had "completed its name change from Intema Solutions Inc. to React Gaming Group Inc." Per its own admission, "it was time for us to re-brand our name to better reflect our activities in the esports and iGaming sector." There is no evidence to suggest that this company has any connection to the cannabis industry.
    • -1 = Removed CRB from Database (“TRICCAR, Inc.”)
      • Rationale = TRICCAR was previously involved in the cannabis industry through the development of CBD supplements. However, in April 2022 TRICCAR announced it had completed the company’s corporate name change to Correlate Infrastructure Partners, Inc. Per its own admission, "The name change to Correlate Infrastructure Partners better reflects the Company’s business model and operational focus going forward." The company is now focused on providing proprietary clean energy assessment solutions for the commercial real estate industry. As a result, there is no evidence to suggest that this company has any connection to the cannabis industry.

All newly-identified CRBs during the week:

Company Name

Tier

Pure-Play Sector

Description

B.A.D. ETF

(NYSE Arca: BAD)

1B No ETF - Non-Cannabis-Themed

The B.A.D. ETF (BAD) is a large cap fund designed to track the EQM BAD Index (BADIDX), which tracks price movements of a portfolio of U.S. listed companies with exposure to the following B.A.D. market segments: Betting, Alcohol, Cannabis, and Drugs (Pharmaceuticals and Biotechnology).

Defiance Next Gen Altered Experience ETF

(NYSE Arca: PSY)

1B No ETF - Non-Cannabis-Themed

Defiance Next Gen Altered Experience ETF is the first US-listed psychedelics ETF. It seeks to track the BITA Medical Psychedelics, Cannabis, and Ketamine Index, a rules-based index that tracks the performance of a portfolio of companies listed on North American Exchanges conducting legal activities under the national laws of the applicable country related to medical psychedelics, medical cannabis, cannabis pharmaceuticals and cannabidiol ("CBD") derivatives, and ketamine.

Cannabis Composite Index PR

1B Yes Index

Cannabis-themed Market Index (Solactive)

Cannabis Composite Index NTR

1B Yes Index

Cannabis-themed Market Index (Solactive)

Cannabis Composite Index GTR

1B Yes Index

Cannabis-themed Market Index (Solactive)

DER AKTIONÄR North America Cannabis Select 10 Performance-Index NTR

1B Yes Index

Cannabis-themed Market Index (Solactive)

DER AKTIONÄR North America Cannabis Select 10 Performance-Index PR

1B Yes Index

Cannabis-themed Market Index (Solactive)

DER AKTIONÄR North America Cannabis Select 10 Performance-Index TR

1B Yes Index

Cannabis-themed Market Index (Solactive)

Foxberry Medical Cannabis & Life Sciences USD Index

1B Yes Index

Cannabis-themed Market Index (Solactive)

Foxberry Medical Cannabis & Life Sciences USD Net Total Return Index

1B Yes Index

Cannabis-themed Market Index (Solactive)

Medical Cannabis and Wellness Equity Index PR

1B Yes Index

Cannabis-themed Market Index (Solactive)

Medical Cannabis and Wellness Equity Index TR

1B Yes Index

Cannabis-themed Market Index (Solactive)

 

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