RESOURCES | Cannabis Securities News

Cannabis-Linked Securities | Weekly Update | January 3 - 9, 2022
Published on January 12, 2022

CRB Monitor Securities Database Updates

During the week of Monday January 3, 2022, CRB Monitor’s research team made several updates to securities and added source documents and relevant news articles to the CRB Monitor database.

Summary of the updates for the Week of Monday January 3, 2022:

Tier

Total #

Active / Inactive

Added

Removed

Net Change

Tier 1A

106

88 / 18

+0 -0 +0

Tier 1B

685

577 / 108

+1 -0 +1

Tier 2

352

327 / 25

+0 -2 -2

Tier 3

568

547 / 21

+3 -6 -3

Total Issuances

1,711

1,539 / 172

+4

-8 -4

Total Issuers

1,395

-

+4

-7 -3

 

  • Added 1 Tier 1B Security:
    • +1 = New Common Security: Private 1B (“Mystic Holdings, Inc.”) went Public (Listed on OTC Markets)
  • Removed 2 Tier 2 Securities:
    • -2 = Removed from Database & Added to Watchlist (Mydecine Innovations Group Inc.) – 2 Securities (1 Common & 1 Warrant)
      • Rationale for Removal = Mydecine Innovations Group Inc. completed the spin-out of its cannabis assets. All the cannabis and CBD products were removed from the company. Per its own admission, it “will no longer be involved in or have ownership interest in the manufacturing or sale of cannabis and CBD products.”
  • Added 3 Tier 3 Securities & Removed 6 Tier 3 Securities:
    • +1 = New CRB (“Health Advance Inc.”)
    • +1 = New CRB (“Tiderock Companies, Inc.”)
    • +1 = New CRB (“Emerald Holding, Inc.”)
    • -1 = Removed from Database & Added to Watchlist (“Levi Strauss & Co.”)
    • -1 = Removed from Database & Added to Watchlist (“RSWM Limited”)
    • -1 = Removed from Database & Added to Watchlist (“Fenix Outdoor International AG”)
    • -1 = Removed from Database & Added to Watchlist (“ANTA Sports Products Limited”)
    • -1 = Removed from Database & Added to Watchlist (“Grasim Industries Limited”)
    • -1 = Removed from Database & Added to Watchlist (“Code Green Apparel Corp.”)
      • Rationale for Removal (For the Above 6 Businesses) = CRB Monitor no longer includes businesses whose only connection to the cannabis industry is through hemp-derived clothing/apparel/fabrics/textiles, unless that is their primary business and majority source of revenue (ie, the company would be a Tier 2 CRB).

All newly-identified CRBs during the week:

Company Name

Tier

Sector

Description

Health Advance Inc.

(OTC Pink: HADV)

3 Food, Beverage & Tobacco

A development-stage company & an online retailer of home medical products; Launched a joint venture to supply new CBD-infused wine globally. The joint venture, called Courtship Wines, is based in Nevada and “will develop and market CBD-infused beverages.”

Tiderock Companies, Inc.

(OTC Pink: TDRK)

3 Professional Services

A commercial real estate development and advisory services company; Per its own admission, “generates revenue from consulting services, licensing agreements, and testing of cannabis and hemp products for medicinal and adult-use consumption.”

Emerald Holding, Inc.

(NYSE: EEX)

3

Media & Publishing

An operator of business-to-business (B2B) trade shows; Completed the acquisition of "MJBiz," the leading event producer and content platform serving the wide range of companies operating in the large and rapidly growing cannabis industry.

 

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