RESOURCES | Data Updates | Securities

Cannabis-Linked Securities | Weekly Update | November 7 - 13, 2022
Published on November 15, 2022

CRB Monitor Securities Database Updates

During the week of November 7 - 13, 2022, CRB Monitor’s research team made several updates to securities’ information and added source documents & relevant news articles to the CRB Monitor database.

Summary of the updates for the Week of November 7 - 13, 2022:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

151

127 / 22 / 2

+0 -0 +0

Tier 1B

724

590 / 132 / 2

+0 -0 +0

Tier 2

356

331 / 22 / 3

+0 -0 +0

Tier 3

539

509 / 29 / 1

+0 -4 -4

Total Issuances

1,770

1,557 / 205 / 8

+0 -4 -4

Total Issuers   (w/o Pre-IPOs)

1,367

-

+0 -4 -4

Total Issuers    (w/ Pre-IPOs)

1,377

-

+0 -4 -4

  • Removed 4 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“TraceSafe Inc.”) 
      • Rationale = TraceSafe Inc. is a British Virgin Islands-based company providing Internet of Things (IoT) solutions and analytics. TraceSafe was previously involved in the cannabis industry through the development of a blockchain technology platform designed for cannabis. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.
    • -1 = Discarded Business Record from Database: (“Sativus Tech Corp.”) 
      • Rationale = Sativus Tech Corp., a US-based company providing risk management and asset protection (RAP) solutions, previously serviced the cannabis industry. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.
    • -1 = Discarded Business Record from Database: (“Saddle Ranch Media, Inc.”) 
      • Rationale = Saddle Ranch Media, Inc. is a US-based telecom Internet of Things (IoT) services provider. Saddle Ranch was previously involved in the cannabis industry through an agreement to develop cultivation monitoring systems. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.
    • -1 = Discarded Business Record from Database: (“Cyber Security 1 AB”) 
      • Rationale = Cyber Security 1 AB, a Sweden-based cybersecurity solutions company, previously provided services the cannabis industry. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.

All newly-identified CRBs during the week:

Company Name

Tier

Pure-Play Sector

Description

N/A

N/A N/A N/A N/A

 

Most Popular

Subscribe For Updates

Explore how CRBMonitor can simplify your cannabis-related compliance challenges.

< !-- Google Tag Manager (noscript) -->