RESOURCES | Data Updates | Securities

Cannabis-Linked Securities | Weekly Update | December 5 - 11, 2022
Published on December 13, 2022

CRB Monitor Securities Database Updates

During the week of December 5 - 11, 2022, 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 5 - 11, 2022:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

152

128 / 22 / 2

+0 -0 +0

Tier 1B

723

588 / 133 / 2

+0 -0 +0

Tier 2

357

332 / 22 / 3

+0 -0 +0

Tier 3

523

494 / 28 / 1

+0 -4 -4

Total Issuances

1,755

1,542 / 205 / 8

+0 -4 -4

Total Issuers   (w/o Pre-IPOs)

1,353

-

+0 -4 -4

Total Issuers    (w/ Pre-IPOs)

1,363

-

+0 -4 -4

  • Removed 4 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“JPX Global Inc.”) 
      • Rationale = JPX Global Inc. is a US-based development-stage company looking to capitalize on opportunities in its integrated waste and waste management service operations. JPX was previously involved in the cannabis industry through a partnership and licensing deal with a Colorado-based hotel chain for two “Bud and Breakfast” (to serve cannabis products) locations in the Denver metro and Idyllwild, California areas. 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. The company's website is dead. As a result, this business no longer qualifies for inclusion.
    • -1 = Discarded Business Record from Database: (“Digital Asset Monetary Network, Inc.”) 
      • Rationale = Digital Asset Monetary Network, Inc. is a US-based Public Accelerator-Incubator (PAI) adding niche opportunities to both the microcap and startup communities. Digital Asset Monetary Network was previously involved in the cannabis industry through a strategic alliance to focus on crowdfunding for cannabis. 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: (“Artificial Intelligence Technology Solutions”) 
      • Rationale = Artificial Intelligence Technology Solutions is a US-based company which engages in the provision of artificial intelligence (AI) solutions. Artificial Intelligence Technology Solutions was previously involved in the cannabis industry through an agreement to develop custom solutions for “Grapefruit USA, Inc.” (a Tier 1B pure-play CRB). 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: (“Kibush Capital Corp.”) 
      • Rationale = Kibush Capital Corp. is a US-based provider of financial and managerial expertise, primarily to companies operating in the resource sectors of Papua New Guinea. Kibush Capital was previously involved in the cannabis industry through an agreement to acquire an Australian importer of (cannabidiol) CBD. 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

 

Most Popular

Subscribe For Updates

Explore how CRBMonitor can simplify your cannabis-related compliance challenges.