RESOURCES | Cannabis Securities News

Cannabis-Linked Securities | Weekly Update | December 26, 2022 - January 1, 2023
Published on January 4, 2023

CRB Monitor Securities Database Updates

During the week of December 26, 2022 - January 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 December 26, 2022 - January 1, 2023:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

152

128 / 22 / 2

+0 -0 +0

Tier 1B

725

589 / 134 / 2

+0 -0 +0

Tier 2

354

329 / 22 / 3

+0 -3 -3

Tier 3

515

486 / 28 / 1

+0 -0 +0

Total Issuances

1,746

1,532 / 206 / 8

+0 -3 -3

Total Issuers   (w/o Pre-IPOs)

1,341

-

+0 -3 -3

Total Issuers    (w/ Pre-IPOs)

1,351

-

+0 -3 -3

  • Removed 3 Tier 2 Securities:
    • -1 = Discarded Business Record from Database: (“Kid Castle Educational Corporation”) 
      • Rationale = Kid Castle Educational Corporation is a US-based operator/manager of a portfolio of real estate properties, digital assets, and other in-demand properties. Kid Castle was previously involved in the cannabis industry through the provision of consumer cannabidiol (CBD) products. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.
    • -1 = Discarded Business Record from Database: (“HQ Global Education, Inc.”) 
      • Rationale = HQ Global Education, Inc. is a US-based provider of film and TV production services. HQ Global was previously involved in the cannabis industry through the distribution of CBD products along with an intent to become an “industry leader in data gathering, intelligence and education for the industrial CBD industry in America.” However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.
    • -1 = Discarded Business Record from Database: (“International Endeavors Corp.”) 
      • Rationale = International Endeavors Corp. is a US-based alternative energy company focused on solar technology, battery storage, bi-directional charging and clean energy crypto mining rigs in the United States and Latin America. International Endeavors was previously involved in the cannabis industry through the creation of off-grid grow labs, biomedical devices, and clean-energy solutions. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in the cannabis industry. As a result, this business no longer qualifies for inclusion.

All newly-identified CRBs during the week:

Company Name

Tier

Pure-Play Sector

Description

N/A N/A N/A N/A N/A

 

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