CRB Monitor Securities Database Updates
During the week of March 28 - April 3, 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 28 - April 3, 2022:
|
Tier |
Total # |
Active / Inactive |
Added |
Removed |
Net Change |
|
Tier 1A |
130 |
109 / 19 / 2 |
+2 | -0 | +2 |
|
Tier 1B |
717 |
596 / 118 / 3 |
+9 | -1 | +8 |
|
Tier 2 |
368 |
338 / 26 / 4 |
+11 | -1 | +10 |
|
Tier 3 |
577 |
549 / 27 / 1 |
+1 | -0 | +1 |
|
Total Issuances |
1,792 |
1,592 / 190 / 10 |
+23 |
-2 | +21 |
|
Total Issuers (w/o Pre-IPOs) |
1,402 |
- |
+1 |
-2 | -1 |
|
Total Issuers (w/ Pre-IPOs) |
1,412 |
- |
+11 |
-2 | +9 |
- Added 2 Tier 1A Securities:
- +2 = Pre-IPOs Added
- Added 9 Tier 1B Securities & Removed 1 Tier 1B Security:
- +1 = New CRB (“DrazCanna, Inc.”)
- +2 = Warrants Added to Existing Issuer (“SugarBud Craft Growers Corp.”)
- +2 = Warrants Added to Existing Issuer (“Together Pharma Ltd.”)
- +1 = Convertible Debt Added to Existing Issuer (“Creso Pharma Ltd.”)
- +3 = Pre-IPOs Added
- -1 = Removed from Database (“Goldman Sachs ActiveBeta International Equity ETF”)
- Rationale = Goldman Sachs ActiveBeta International Equity ETF previously held an investment in Canopy Growth Corporation, a pure-play Tier 1 CRB. However, this ETF has since divested itself of this holding. This ETF no longer holds any pure-play Tier 1 CRBs. As a result, this ETF no longer qualifies for inclusion in CRB Monitor's database.
- Added 11 Tier 2 Securities & Removed 1 Tier 2 Security:
- +1 = Warrant Added to Existing Issuer (“Tetra Bio-Pharma Inc.”)
- +3 = Convertible Debts Added to Existing Issuer (“Roto-Gro International Limited”)
- +1 = Convertible Debt Added to Existing Issuer (“AFC Gamma, Inc.”)
- +2 = Convertible Debts Added to Existing Issuer (“FinCanna Capital Corp.”)
- +4 = Pre-IPOs Added
- -1 = Removed from Database (“Petra Acquisition Inc.”)
- Rationale = Petra Acquisition Inc. was a blank check company which intended to focus its search for target businesses on companies in the cannabis industry. However, Petra subsequently entered into and completed a non-cannabis deal.
- Added 1 Tier 3 Security:
- +1 = Pre-IPO Added
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Sector |
Description |
| 1B | Owner/Investor |
DrazCanna, Inc. was operating in the educational sector until 2016 and was dormant until 2021 when the corporation filed its reports to achieve current status. DrazCanna intends to enter the United States legal cannabis industry. DrazCanna entered into a letter of intent for a reverse merger with a Michigan-based corporation, also named DrazCanna, Inc., to enter the cannabis bio-pharmaceutical supply chain. The Michigan-based corporation focuses on a nutrient optimizer algorithm for cannabis cultivation and female-to-female strain development process. The Michigan-based corporation owns two subsidiaries, Lybull, Inc. and Drazmatic, Inc. Lybull holds a cannabis pre-license in Michigan. |
|
| 1A | Licensed CRB | Pre-IPO | |
| 1A | Licensed CRB | Pre-IPO | |
| 1B | Owner/Investor | Pre-IPO | |
| 1B | Owner/Investor | Pre-IPO | |
| 1B | Owner/Investor | Pre-IPO | |
| 2 | Pharma & Biotech | Pre-IPO | |
| 2 | IT Services & Software | Pre-IPO | |
| 2 | Real Estate | Pre-IPO | |
| 2 | Financial Services | Pre-IPO | |
| 3 | Traditional Retail | Pre-IPO |