RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | March 17 - 23, 2025
Published on March 28, 2025

CRB Monitor Securities Database Updates

During the week of March 17 - 23, 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 17 - 23, 2025:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

144

119 / 23 / 2

+0 -0 +0

Tier 1B

702

551 / 149 / 2

+0 -1 -1

Tier 2

300

281 / 14 / 5

+1 -0 +1

Tier 3

451

423 / 27 / 1

+0 -0 +0

Total Issuances

1,597

1,374 / 213 / 10

+1 -1 +0

Total Issuers   (w/o Pre-IPOs)

1,190

-

+0 -0 +0

Total Issuers    (w/ Pre-IPOs)

1,200

-

+0 -0 +0

 

Removed 1 Tier 1B Security:

  • -1 = Tier Downgraded to Tier 2: (“Beckett's Inc.”)

Added 1 Tier 2 Security:

  • +1 = Tier Downgraded to Tier 2: (“Beckett's Inc.”)
    • Rationale = Beckett's Inc., formerly The Tinley Beverage Company Inc., sells a line of liquor-inspired, non-alcoholic, non-cannabis-infused beverages. The company also sells hemp-derived delta-9 THC-infused versions of its high performing non-alcoholic drinks. The company, through its subsidiary, previously operated a licensed cannabis manufacturing facility in California where it produced marijuana-infused beverages. However, the company closed and exited from this facility. The cannabis licenses have been surrendered or expired. As a result, the company no longer holds any active cannabis licenses directly or indirectly. Beckett’s will continue to focus on the sale of its non-alcoholic and hemp-infused beverages. Beckett’s involvement in the cannabis industry constitutes a substantial revenue source, relative to its overall business. Therefore, Beckett’s qualifies for Tier 2.

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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