RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | June 17 - 23, 2024
Published on June 28, 2024

CRB Monitor Securities Database Updates

During the week of June 17 - 23, 2024, 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 June 17 - 23, 2024:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

146

121 / 23 / 2

+0 -0 +0

Tier 1B

706

555 / 149 / 2

+0 -0 +0

Tier 2

314

294 / 15 / 5

+0 -2 -2

Tier 3

482

454 / 27 / 1

+0 -0 +0

Total Issuances

1,648

1,424 / 214 / 10

+0 -2 -2

Total Issuers   (w/o Pre-IPOs)

1,238

-

+0 -2 -2

Total Issuers    (w/ Pre-IPOs)

1,248

-

+0 -2 -2

 

Removed 2 Tier 2 Securities:

  • -1 = Discarded Business Record from Database: (“New You Inc.”)
    • Rationale = New You Inc., based in the U.S., primarily engaged in the business activity of providing personal care products (skin protection/hydration, anti-aging, etc.). The company was previously involved in the development of cannabidiol (CBD) hemp oil-based products (topical & edible). However, the company's security has been revoked/delisted and it no longer trades. As a result, the company is now private. This is a business without any connection to (1) a cannabis license/"plant-touching" operation, (2) a Tier 1 CRB, and/or (3) a publicly-traded CRB. Therefore, this business no longer qualifies for inclusion.
  • -1 = Discarded Business Record from Database: (“Nhale, Inc.”)
    • Rationale = Nhale, Inc. previously developed and sold grow technology in the marijuana space, with a key focus area of cultivation. However, the company has changed its name and will now focus on elderly care services, software and mamnagement. There is no evidence to suggest that the company has any other connection to, or intention to re-enter, 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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