RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | March 10 - 16, 2025
Published on March 21, 2025

CRB Monitor Securities Database Updates

During the week of March 10 - 16, 2025, 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 March 10 - 16, 2025:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

144

119 / 23 / 2

+0 -1 -1

Tier 1B

702

551 / 149 / 2

+0 -0 +0

Tier 2

300

281 / 14 / 5

+0 -0 +0

Tier 3

451

423 / 27 / 1

+0 -1 -1

Total Issuances

1,597

1,374 / 213 / 10

+0 -2 -2

Total Issuers   (w/o Pre-IPOs)

1,190

-

+0 -2 -2

Total Issuers    (w/ Pre-IPOs)

1,200

-

+0 -2 -2

 

Removed 1 Tier 1A Security:

  • -1 = Discarded Business Record: (“The Sustainable Nutrition Group Ltd.”)
    • Rationale = The Sustainable Nutrition Group Ltd. was an Australian company operating in the cannabis industry through the production of hemp-derived products. The company was previously involved in the cultivation and production of hemp. However, The Sustainable Nutrition Group Ltd. was acquired by publicly-traded "Elixinol Wellness Limited". As a result, The Sustainable Nutrition Group Ltd.'s security was delisted from all exchanges and the company ceased to be a reporting issuer. The company ceased all "plant-touching" operations (hemp cultivation and production), none of which were absorbed by the acquirer Elixinol Wellness Limited. Therefore, The Sustainable Nutrition Group Ltd. no longer qualifies for inclusion.

Removed 1 Tier 3 Security:

  • -1 = Discarded Business Record: (“GreenBank Capital Inc.”)
    • Rationale = GreenBank Capital Inc., based in Canada, is a merchant bank which also provides consultancy services. GreenBank primarily focuses on the software development and mineral exploration industries. The company, through its subsidiary, was previously involved in the development of blockchain solutions along with an industry-wide digital information management system specifically for the cannabis industry. However, it has been over two years 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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