CRB Monitor Securities Database Updates
During the week of October 30 - November 5, 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 30 - November 5, 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 |
338 |
313 / 20 / 5 |
+1 | -2 | -1 |
|
Tier 3 |
495 |
467 / 27 / 1 |
+0 | -1 | -1 |
|
Total Issuances |
1,704 |
1,472 / 222 / 10 |
+1 | -3 | -2 |
|
Total Issuers (w/o Pre-IPOs) |
1,283 |
- |
+1 | -3 | -2 |
|
Total Issuers (w/ Pre-IPOs) |
1,293 |
- |
+1 | -3 | -2 |
- Added 1 Tier 2 Security & Removed 2 Tier 2 Securities:
- +1 = New CRB: (“StickIt Technologies Inc.”)
-
- -1 = Discarded Business Record from Database: (“Premier Products Group, Inc.”)
- Rationale = Premier Products Group, Inc. is a US-based technology company. Premier Products Group previously provided administration/management services to the cannabis industry including regulatory reporting, accounting, product testing, tax reporting and compliance adherence built on blockchain technology. However, it has been over a year 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.
- -1 = Discarded Business Record from Database: (“Nuvus Gro Corp.”)
- Rationale = Nuvus Gro Corp. is a US-based company which previously provided cultivation technology and consulting services to the cannabis industry. However, the company has since changed its name and left the cannabis industry, transitioning its business focus to the music industry. 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.
- -1 = Discarded Business Record from Database: (“Premier Products Group, Inc.”)
- Removed 1 Tier 3 Security:
- -1 = Discarded Business Record from Database: (“Amfil Technologies Inc.”)
- Rationale = Amfil Technologies Inc. is a Canada-based company which operates in the board game industry and hardscape/construction industry. Amfil was previously involved in the cannabis industry through the provision of antimicrobial/sanitization technologies for cannabis-infused beverage production facilities. However, it has been over a year 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.
- -1 = Discarded Business Record from Database: (“Amfil Technologies Inc.”)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 2 | Yes |
CBD - Personal Products |
StickIt Technologies Inc., based in Canada, is the parent company of the Israeli technology and cannabinoid company StickIt Ltd. Founded in 2019, StickIt Ltd. developed a line of products as toothpick-sized products inserted into any cigarette to provide the smoker with a functional experience with CBD, CBG, HHC or other cannabinoids. StickIt is a technology specializing in development of "Cannabis Sticks", a device that resembles a toothpick in shape, and allows it to be easily inserted into any combustion smoking device in the form of a cigarette. StickIt can be tucked into any smokable including Hemp cigarettes, CBD cigarettes, tobacco cigarettes, pre-rolls, etc. Stickit's operating model is to establish joint ventures in countries around the world where recreational cannabis is permitted. Each licensee/joint venture partner will establish a production facility in which they will add the cannabis content to sticks produced and supplied by Stickit. As part of those arrangements StickIt is expected to provide the joint venture with the know-how required to manufacture the finished product. The licensee/joint venture partner will produce the finished product, adding cannabis to the raw materials provided by StickIt, and will sell them either directly to the points of sale or through distributors. |