CRB Monitor Securities Database Updates
During the week of March 21 - 27, 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 March 21 - 27, 2022:
|
Tier |
Total # |
Active / Inactive |
Added |
Removed |
Net Change |
|
Tier 1A |
128 |
109 / 19 |
+0 | -0 | +0 |
|
Tier 1B |
710 |
602 / 108 |
+1 | -0 | +1 |
|
Tier 2 |
357 |
332 / 25 |
+0 | -1 | -1 |
|
Tier 3 |
576 |
554 / 22 |
+2 | -0 | +2 |
|
Total Issuances |
1,771 |
1,597 / 174 |
+3 |
-1 | +2 |
|
Total Issuers |
1,403 |
- |
+2 |
-0 | +2 |
- Added 1 Tier 1B Security:
- +1 = CRB Tier Upgraded to Tier 1B (“Simply Better Brands Corp.”)
- Rationale = Simply Better Brands Corp. completed the acquisition of Hervé Edibles Limited, a California-licensed THC-infused desserts maker.
- +1 = CRB Tier Upgraded to Tier 1B (“Simply Better Brands Corp.”)
- Removed 1 Tier 2 Security:
- -1 = CRB Tier Upgraded to Tier 1B (“Simply Better Brands Corp.”)
- Added 2 Tier 3 Securities:
- +1 = New CRB (“SpotLite360 IOT Solutions, Inc.”)
- +1 = New CRB (“PowerFleet, Inc.”)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Sector |
Description |
| 3 | IT Services & Software |
SpotLite360 IOT Solutions is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform; Acquired a majority equity stake interest in E3 Service Group. E3 has successfully built an award-winning design, engineering and implementation practice in the agricultural/cannabis environmental space. Additionally, SpotLite360 entered into an agreement with Control Union in which the parties will produce, develop, market and deliver an exclusive global hemp supply chain certification. |
|
| 3 | IT Services & Software |
PowerFleet is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets; Secured a new contract with Hafuz Distribution whereby PowerFleet’s IoT solution was selected to verify the temperature of medical cannabis shipments to ensure quality control and regulatory compliance. The company’s technology also helps Hafuz comply with the strict standards required for the transportation of medical cannabis. |