RESOURCES | Data Updates | Securities

Cannabis-Linked Securities | Weekly Update | October 3 - 9, 2022
Published on October 12, 2022

CRB Monitor Securities Database Updates

During the week of October 3 - 9, 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 3 - 9, 2022:

Tier

Total #

Active / Inactive

Added

Removed

Net Change

Tier 1A

151

127 / 22 / 2

+0 -0 +0

Tier 1B

723

592 / 128 / 3

+0 -0 +0

Tier 2

359

333 / 22 / 4

+0 -3 -3

Tier 3

563

533 / 29 / 1

+0 -2 -2

Total Issuances

1,796

1,585 / 201 / 10

+0 -5 -5

Total Issuers   (w/o Pre-IPOs)

1,382

-

+0 -5 -5

Total Issuers    (w/ Pre-IPOs)

1,392

-

+0 -5 -5

  • Removed 3 Tier 2 Securities:
    • -1 = Discarded Business Record from Database: (“Net Savings Link Inc.”)
      • Rationale = Net Savings Link Inc. is a technology company providing a range of software, e-commerce, financial and advisory services. The company previously announced intent to service 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: (“Nouveau Life Pharmaceuticals, Inc.”)
      • Rationale = Nouveau Life Pharmaceuticals, Inc. is a healthcare solutions company which was previously in research with cannabinoids. 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: (“Novagant Corp.”)
      • Rationale = Novagant Corp. is a development stage company which was previously involved in the cannabis industry through the manufacture of CBD products. 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. The company's website is dead. As a result, this business no longer qualifies for inclusion.
  • Removed 2 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“Nerds on Site Inc.”)
      • Rationale = Nerds on Site Inc. is a mobile IT technology solutions company which 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: (“Novartis AG”)
      • Rationale = Novartis AG is a Switzerland-based pharmaceutical company which previously announced an agreement to collaborate on the development of medical cannabis products. 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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