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Cannabis-Linked Securities Update | Week of October 4, 2021
Published on October 19, 2021

CRB Monitor Securities Database Updates

During the week of Monday October 4, 2021, CRB Monitor’s research team made several updates to securities’ information and added source documents & relevant news articles to the CRB Monitor database. Here is a summary of the updates for the Week of Monday October 4, 2021:

Tier

Total #

Active / Inactive

Added

Removed

Net Change

Tier 1A

103

85 / 18

+0

-0

+0

Tier 1B

682

579 / 103

+0

-0

+0

Tier 2

348

323 / 25

+4

-12

-8

Tier 3

534

518 / 16

+1

-20

-19

Total Issuances

1,667

1,505 / 162

+5

-32

-27

Total Issuers

1,380

-

+3

-32

-29

 

Tier 2/3 Review:  During the month September, CRB Monitor's research team reviewed all Tier 2 and Tier 3 CRBs to see if their tiering categorization was still accurate.

  • Added 4 Tier 2 Securities and Removed 12 Tier 2 Securities
    • +1 = New CRB ("Better For You Wellness Inc.")
    • +3 = New CRB ("890 5th Avenue Partners, Inc.") - Has 3 Issuances (Common, Warrant & Unit)
    • -12 = Removed from Database & Added to Watchlist (from Tier 2/3 Review)
  • Added Thirteen Tier 3 Securities & Removed Eleven Tier 3 Securities
    • +1 = New CRB ("LiveOne, Inc.")
    • -20 = Removed from Database & Added to Watchlist (from Tier 2/3 Review)

All newly-identified CRBs during the week:

Company Name

Tier

Sector

Description

 

890 5th Avenue Partners, Inc.

(NASDAQ: ENFA)

2

SPAC

890 5th Avenue Partners is a special purpose acquisition company that specializes in converging technology, media, and telecommunications opportunities. It entered into an agreement to acquire BuzzFeed Inc., the world's leading tech-powered, diversified media company, and Complex Networks, a leading global youth network. Per its own admission, BuzzFeed and Complex Networks collect revenue from advertisements relating to cannabis. The cannabis-related advertisements on both BuzzFeed's and Complex Networks' platforms follow state and local laws.

 

Better For You Wellness Inc.

(OTC: BFYW)

2

SPAC

Better For You Wellness is a blank-check company that is exploring and evaluating various business opportunities in the plant-based food, beverage, and consumer packaged goods. It is vetting about 15 potential acquisition targets, which would range in size from less than $1 million to $15 million. Per its own admission, "CBD (cannabidiol) might be in the mix, but the scope is the broader health, nutrition and wellness market."

 

LiveOne, Inc.

(NASDAQ: LVO)

3

Media & Publishing

LiveOne is engaged in acquisition, distribution and monetization of live music events, internet radio, podcasting/vodcasting and music-related subscription, streaming and video content. Live One secured the exclusive sales and distribution rights for B-Real's Dr. Greenthumb, a cannabis-themed podcast.

 

 

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