RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | September 25 - October 1, 2023
Published on October 5, 2023

CRB Monitor Securities Database Updates

During the week of September 25 - October 1, 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 25 - October 1, 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

341

316 / 20 / 5

+0 -1 -1

Tier 3

501

473 / 27 / 1

+1 -0 +1

Total Issuances

1,713

1,481 / 222 / 10

+1 -1 +0

Total Issuers   (w/o Pre-IPOs)

1,291

-

+1 -1 +0

Total Issuers    (w/ Pre-IPOs)

1,301

-

+1 -1 +0

  • Removed 1 Tier 2 Security:
    • -1 = Discarded Business Record from Database: (“Canna Corporation”)
      • Rationale = Canna Corporation is a US-based cryptocurrency company which entered into agreements to acquire companies operating in the hemp/CBD products sector. However, The company's security has been revoked/delisted and it no longer trades (announced by the SEC on September 28, 2023). 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.
  • Added 1 Tier 3 Security:
    • +1 = New CRB: (“Pathway Health Corp.”)

All newly-identified CRBs during the week:

Company Name

Tier

Pure-Play Sector

Description

Pathway Health Corp.

(TSXV: PHC)

3 No Professional Services Pathway Health Corp. is a Canada-based company, whose principal business is the operation of medical clinics that offer multidisciplinary therapies to patients that suffer from chronic pain. The clinical services are delivered in inter-disciplinary pain clinics operated by it and through virtual care by physicians and other health care providers, who are trained in managing chronic pain through assessment and multi-modality treatments that include minimally invasive approaches, intravenous therapies, allied health methods and the prescription of medical cannabis, which is supplied to the patient directly by licensed producers. Pathway has established itself as the leading partner with national and regional pharmacy companies for the delivery of medical cannabis services to their customers. Pathway is working with several pharmacy companies on the development of Cannabis Health Products (CHPs) for OTC product distribution through retail pharmacy locations across Canada.

 

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