CRB Monitor Securities Database Updates
During the week of March 6 - 12, 2023, 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 6 - 12, 2023:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
145 |
121 / 22 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
731 |
588 / 141 / 2 |
+0 | -0 | +0 |
|
Tier 2 |
340 |
319 / 18 / 3 |
+0 | -1 | -1 |
|
Tier 3 |
505 |
477 / 27 / 1 |
+1 | -2 | -1 |
|
Total Issuances |
1,721 |
1,505 / 208 / 8 |
+1 | -3 | -2 |
|
Total Issuers (w/o Pre-IPOs) |
1,297 |
- |
+1 | -3 | -2 |
|
Total Issuers (w/ Pre-IPOs) |
1,305 |
- |
+1 | -3 | -2 |
- Removed 1 Tier 2 Security:
- -1 = Discarded Business Record from Database: (“Gala Pharmaceutical, Inc.”)
- Rationale = The company's security has been revoked/delisted and it no longer trades. 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: (“Gala Pharmaceutical, Inc.”)
- Added 1 Tier 3 Security & Removed 2 Tier 3 Securities:
- +1 = New CRB: (“Communities First Financial Corporation”)
- -1 = Discarded Business Record from Database: (“Radius Health, Inc.”)
- Rationale = The company's security has been revoked/delisted and it no longer trades. 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: (“Stada Arzneimittel AG”)
- Rationale = The company's security has been revoked/delisted and it no longer trades. 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 = New CRB: (“Communities First Financial Corporation”)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 3 | No | Financial Services | Business Description: Communities First Financial Corporation is a bank holding company established in 2014, is the parent company of Fresno First Bank, founded in 2005 in Fresno, California. Fresno First Bank is a leading SBA Lender in California's Central Valley and has expanded into Southern California. The Bank is also a direct acquiring bank with VISA and MasterCard and processes payments for merchants across the Country directly and through partners. Inclusion Rationale: Communities First Financial Corporation, through its subsidiary Fresno First Bank, provides financial/banking services to companies involved in the cannabidiol (CBD) industry. Per its own admission, "It's hard enough finding a bank that works with CBD companies. Much less a bank that actually works for CBD companies. With Fresno First Bank, you're connected to a variety of products and services designed for the unique needs of CBD companies." |