RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | September 11 - 17, 2023
Published on September 21, 2023

CRB Monitor Securities Database Updates

During the week of September 11 - 17, 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 September 11 - 17, 2023:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

147

122 / 23 / 2

+0 -0 +0

Tier 1B

721

567 / 152 / 2

+1 -6 -5

Tier 2

342

317 / 20 / 5

+0 -0 +0

Tier 3

502

474 / 27 / 1

+0 -0 +0

Total Issuances

1,712

1,480 / 222 / 10

+1 -6 -5

Total Issuers   (w/o Pre-IPOs)

1,290

-

+1 -2 -1

Total Issuers    (w/ Pre-IPOs)

1,300

-

+1 -2 -1

  • Added 1 Tier 1B Security & Removed 6 Tier 1B Securities:
    • +1 = New CRB: (“Hellenic Dynamics Plc”)
    • -1 = Discarded Business Record from Database: (“Loblaw Companies Limited”)
      • Rationale = Loblaw Companies Limited is a Canada-based grocery, pharmacy, and general merchandise retailer. Loblaw was previously involved in the cannabis industry through its ownership in "Shoppers Drug Mart Inc." However, Shoppers Drug Mart sold its cannabis business and operations to publicly-traded "Avicanna Inc." Given that Shoppers Drug Mart is no longer cannabis-related, Loblaw Companies Limited no longer qualifies for inclusion as it doesn't have any other connection to the cannabis industry.
    • -5 = Discarded Business Record from Database: (“George Weston Limited”) – 1 Company with 5 Securities (1 Common & 4 Preferred)
      • Rationale = George Weston Limited is a Canada-based holding company engaged in food processing and distribution business. George Weston’s subsidiary, Loblaw Companies Limited, was previously involved in the cannabis industry through its ownership in "Shoppers Drug Mart Inc." However, Shoppers Drug Mart sold its cannabis business and operations to publicly-traded "Avicanna Inc." Given that Shoppers Drug Mart is no longer cannabis-related, George Weston Limited no longer qualifies for inclusion as it doesn't have any other connection to the cannabis industry.

All newly-identified CRBs during the week:

Company Name

Tier

Pure-Play Sector

Description

Hellenic Dynamics Plc

(LSE: HELD)

1B Yes Owner/ Investor Hellenic Dynamics Plc is a United Kingdom-based cultivator and supplier of finished pharmaceutical standard medical cannabis products. The Company is involved in the cultivation, production and export of tetrahydrocannabinol (THC) dominant strains of dried medical cannabis flowers and flower extracts to the medical cannabis markets across Europe. The Company, through its subsidiary, develops and operates approximately 40,000 square meter active cultivation license from its 195,506 square meter facility located near Thessaloniki in Northern Greece.

 

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