CRB Monitor Securities Database Updates
During the week of April 4 - 10, 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 April 4 -10, 2022:
|
Tier |
Total # |
Active / Inactive |
Added |
Removed |
Net Change |
|
Tier 1A |
145 |
123 / 19 / 3 |
+11 | -0 | +11 |
|
Tier 1B |
711 |
589 / 119 / 3 |
+2 | -15 | -13 |
|
Tier 2 |
368 |
338 / 26 / 4 |
+3 | -0 | +3 |
|
Tier 3 |
574 |
546 / 27 / 1 |
+1 | -4 | -3 |
|
Total Issuances |
1,798 |
1,596 / 191 / 11 |
+17 |
-19 | -2 |
|
Total Issuers (w/o Pre-IPOs) |
1,390 |
- |
+5 |
-17 | -12 |
|
Total Issuers (w/ Pre-IPOs) |
1,401 |
- |
+6 |
-17 | -11 |
- Added 11 Tier 1A Securities:
- +1 = Pre-IPO Added (“Pioneer Green Farms, Inc.”)
- +8 = Convertible Debts Added to Existing Issuer (“Columbia Care Inc.”)
- +1 = Convertible Debt Added to Existing Issuer (“Incannex Healthcare Limited”)
- +1 = CRB Tier Upgraded from 1B (“Trulieve Cannabis Corp.”)
- Rationale = The company directly holds a cannabis license in Colorado (License Reported Type = "Owner- Entity"; License Uniform Type = "Owner/Investor")
- Added 2 Tier 1B Securities & Removed 15 Tier 1B Securities:
- +1 = New CRB (“Franchise Global Health Inc.”)
- +1 = New CRB (“Agro Capital Management Corp.”)
- -1 = CRB Tier Upgraded to 1A (“Trulieve Cannabis Corp.”)
- -14 = Removed CRBs from Database (14 Non-Cannabis-Themed ETFs)
- Rationale = CRB Monitor includes any ETF that holds at least one "pure-play" Tier 1 CRB. CRB Monitor has classified Tier 1A "22nd Century Group Inc." (CRBM ID: 65518) as "Non-Pure-Play." Therefore, any ETFs whose only holding was "22nd Century Group Inc." no longer qualify for inclusion. As a result, 14 Non-Cannabis-Themed ETFs were removed from the database.
- AdvisorShares Vice ETF
- Fidelity Blue Chip Growth ETF
- First Trust Developed Markets ex-US AlphaDEX Fund
- First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
- Franklin FTSE Canada ETF
- Invesco S&P International Developed Momentum ETF
- Invesco International Developed Dynamic Multifactor ETF
- iShares Core S&P Total U.S. Stock Market ETF
- iShares Global Healthcare ETF
- PIMCO RAFI Dynamic Multi-Factor International Equity ETF
- Nuveen ESG Small-Cap ETF
- Schwab International Equity ETF
- Vanguard Total Stock Market ETF
- Vanguard Extended Market VIPERs ETF
- Rationale = CRB Monitor includes any ETF that holds at least one "pure-play" Tier 1 CRB. CRB Monitor has classified Tier 1A "22nd Century Group Inc." (CRBM ID: 65518) as "Non-Pure-Play." Therefore, any ETFs whose only holding was "22nd Century Group Inc." no longer qualify for inclusion. As a result, 14 Non-Cannabis-Themed ETFs were removed from the database.
- Added 3 Tier 2 Securities:
- +2 = 1 Common & 1 Warrant Added to Existing Issuer (“Relativity Acquisition Corp.”)
- +1 = New CRB (“Revelstone Capital Acquisition Corp.”)
- Added 1 Tier 3 Security & Removed 4 Tier 3 Securities:
- +1 = New CRB (“AIkido Pharma Inc.”)
- -2 = Removed CRB from Database (“Anheuser-Busch InBev SA/NV”) – 2 Common Securities
- Rationale = In April 2022 Anheuser-Busch and Ambev announced that they "pulled the plug on its nonalcoholic CBD beverage unit." Labatt would not specify why it was closing Fluent but stated that “Fluent has decided to stop operations in Canada." Per its own admission, "The learnings from Fluent will be used to evaluate future opportunities within the category, and we will continue to monitor the cannabis sector closely." There is no evidence to suggest that Anheuser-Busch or Ambev have any other connection to the cannabis industry.
- -2 = Removed CRB from Database (“Ambev S.A.”) – 2 Common Securities
- Rationale = Refer to “Anheuser-Busch InBev SA/NV” (Same as Above ^)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
|
(Pre-IPO) |
1A | Yes | Licensed CRB |
(Pre-IPO) - Pioneer Green Farms is currently growing hemp in Colorado pursuant to its joint-venture. Pioneer Green Farms will be one of the first hemp growers in Colorado to partner with an existing all-natural cannabis cultivator established in 2016 for growing recreational cannabis to service the state's demand for adult-use cannabis. Pioneer Green Farms, Inc. intends to apply to list its common stock on OTC, under the ticker symbol "PGFF." |
| 1B | Yes | Owner/ Investor |
Franchise Global Health Inc., through its subsidiaries, is a multi-national operator in the medical cannabis and pharmaceutical industries, with principal operations in Germany. ACA Müller, Franchise’s wholly-owned German subsidiary, obtained the first medical cannabis import and distribution license in Germany in March 2017 and since then, has sold medical cannabis to over 1,200 pharmacies across Germany. |
|
| 1B | Yes | Owner/ Investor |
Agro Capital Management Corp. is a diversified holding company providing processing, management and consulting services to the agricultural industry. “We are a trusted partner to cultivation, manufacturing and retail side of the business.” Agro Capital acquired Apex Solutions, a California licensed manufacturer and distributor of adult-use and medicinal cannabis products. |
|
| 2 | Yes | SPAC |
Revelstone Capital Acquisition Corp. is a blank check company. Per its own admission, “Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location, although we intend to focus our search for target businesses in the cannabis industry.” |
|
| 3 | No | Media & Publishing |
AIkido Pharma Inc. is a biotechnology company engaged in developing a therapeutic drug pipeline through partnerships with educational institutions. AIkido Pharma entered into a securities purchase agreement with privately-held Kaya Holding Corporation, a technology company focused on the development of “High There,” the world's largest cannabis social network and the launch of the world's first cannabis media exchange. |