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Cannabis-Linked Securities | Weekly Update | October 24 - 30, 2022
Published on November 1, 2022

CRB Monitor Securities Database Updates

During the week of October 24 - 30, 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 October 24 - 30, 2022:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

151

127 / 22 / 2

+0 -0 +0

Tier 1B

724

592 / 130 / 2

+0 -0 +0

Tier 2

356

331 / 22 / 3

+0 -0 +0

Tier 3

546

517 / 28 / 1

+0 -5 -5

Total Issuances

1,777

1,567 / 202 / 8

+0 -5 -5

Total Issuers   (w/o Pre-IPOs)

1,374

-

+0 -5 -5

Total Issuers    (w/ Pre-IPOs)

1,384

-

+0 -5 -5

  • Removed 5 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“Zhejiang Shouxiangu Pharmaceutical Co., Ltd.”) 
      • Rationale = Zhejiang Shouxiangu Pharmaceutical Co., Ltd. Is a China-based company principally engaged in the production and sales of traditional Chinese medicines. Zhejiang Shouxiangu previously announced a joint venture for a research project to explore the development of products containing cannabis extracts such as cannabidiol. 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: (“Yield10 Bioscience, Inc.”) 
      • Rationale = Yield10 Bioscience, Inc. is a US-based agricultural bioscience company which was previously involved in a project aimed to increase oil content in plants including cannabis, among others. 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: (“Brenntag AG”) 
      • Rationale = Brenntag AG is a Germany-based company active in the field of full-line chemical distribution. Brenntag previously announced a collaboration for the development of various nutraceutical products with ingredients including cannabis, among others. 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: (“ViaDerma, Inc.”) 
      • Rationale = ViaDerma, Inc. is a US-based specialty pharmaceutical company. ViaDerma previously announced that it was in the early development stage of a medical cannabis product containing cannabidiol that could be absorbed through the skin with its proprietary transdermal delivery system. 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: (“NanoVibronix, Inc.”) 
      • Rationale = NanoVibronix, Inc. is a US-based medical device company which previously announced intent to explore the development of a transdermal delivery device for CBD. 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

 

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