CRB Monitor Securities Database Updates
During the week of October 23 - 29, 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 October 23 - 29, 2023:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
149 |
124 / 23 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
722 |
568 / 152 / 2 |
+0 | -0 | +0 |
|
Tier 2 |
339 |
314 / 20 / 5 |
+0 | -1 | -1 |
|
Tier 3 |
496 |
468 / 27 / 1 |
+1 | -3 | -2 |
|
Total Issuances |
1,706 |
1,474 / 222 / 10 |
+1 | -4 | -3 |
|
Total Issuers (w/o Pre-IPOs) |
1,285 |
- |
+1 | -3 | -2 |
|
Total Issuers (w/ Pre-IPOs) |
1,295 |
- |
+1 | -3 | -2 |
- Removed 1 Tier 2 Security:
- -1 = Discarded Business Record from Database: (“Nature Consulting, Inc.”)
- Rationale = Nature Consulting, Inc. is a US-based land, real estate development & acquisitions company. Nature Consulting previously provided various services to the cannabis industry including brand building and targeted marketing. The company also sold cannabidiol (CBD) products. However, per its own admission the company divested itself of all cannabis investments and operations. As a result, this business no longer qualifies for inclusion.
- -1 = Discarded Business Record from Database: (“Nature Consulting, Inc.”)
- Added 1 Tier 3 Security & Removed 3 Tier 3 Securities:
- +1 = New CRB: (“Revvity, Inc.”)
-
- -1 = Discarded Business Record from Database: (“PerkinElmer, Inc.”)
- Rationale = PerkinElmer, Inc. is a US-based analytical solutions, diagnostics and life sciences company. PerkinElmer had worked with government and contract cannabis laboratories to develop various analytical methods and technology to increase laboratory uptime. However, The company's security has been revoked/delisted and it no longer trades.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.
- -2 = Discarded Business Record from Database: (“Franchise Group, Inc.”) - 1 Issuer with 2 Issuances (1 Common & 1 Preferred)
- Rationale = Franchise Group, Inc. is a US-based company which acquires and manages mainly franchise companies, one of which includes “The Vitamin Shoppe.” Franchise Group, through its Vitamin Shoppe segment, sold several dietary supplement and topical products containing cannabidiol (CBD). 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: (“PerkinElmer, Inc.”)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 3 | No | Health Care Equipment, Devices & Supplies | Revvity, Inc. is a US-based provider of health science solutions, analytics, technologies and services. Revvity serves customers across pharmaceutical and biotech, diagnostic labs, life sciences, academia and governments. Revvity, through its subsidiary, provides various solutions to the cannabis industry including analytical testing equipment, regulatory compliance testing and laboratory automation workflows. |