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Cannabis-Linked Securities | Weekly Update | March 28 - April 3, 2022
Published on April 5, 2022

CRB Monitor Securities Database Updates

During the week of March 28 - April 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 March 28 - April 3, 2022:

Tier

Total #

Active / Inactive

Added

Removed

Net Change

Tier 1A

130

109 / 19 / 2

+2 -0 +2

Tier 1B

717

596 / 118 / 3

+9 -1 +8

Tier 2

368

338 / 26 / 4

+11 -1 +10

Tier 3

577

549 / 27 / 1

+1 -0 +1

Total Issuances

1,792

1,592 / 190 / 10

+23

-2 +21

Total Issuers   (w/o Pre-IPOs)

1,402

-

+1

-2 -1

Total Issuers    (w/ Pre-IPOs)

1,412

-

+11

-2 +9

 

  • Added 2 Tier 1A Securities:
    • +2 = Pre-IPOs Added
  • Added 9 Tier 1B Securities & Removed 1 Tier 1B Security:
    • +1 = New CRB (“DrazCanna, Inc.”)
    • +2 = Warrants Added to Existing Issuer (“SugarBud Craft Growers Corp.”)
    • +2 = Warrants Added to Existing Issuer (“Together Pharma Ltd.”)
    • +1 = Convertible Debt Added to Existing Issuer (“Creso Pharma Ltd.”)
    • +3 = Pre-IPOs Added
    • -1 = Removed from Database (“Goldman Sachs ActiveBeta International Equity ETF”)
      • Rationale = Goldman Sachs ActiveBeta International Equity ETF previously held an investment in Canopy Growth Corporation, a pure-play Tier 1 CRB. However, this ETF has since divested itself of this holding. This ETF no longer holds any pure-play Tier 1 CRBs. As a result, this ETF no longer qualifies for inclusion in CRB Monitor's database.
  • Added 11 Tier 2 Securities & Removed 1 Tier 2 Security:
    • +1 = Warrant Added to Existing Issuer (“Tetra Bio-Pharma Inc.”)
    • +3 = Convertible Debts Added to Existing Issuer (“Roto-Gro International Limited”)
    • +1 = Convertible Debt Added to Existing Issuer (“AFC Gamma, Inc.”)
    • +2 = Convertible Debts Added to Existing Issuer (“FinCanna Capital Corp.”)
    • +4 = Pre-IPOs Added
    • -1 = Removed from Database (“Petra Acquisition Inc.”)
      • Rationale = Petra Acquisition Inc. was a blank check company which intended to focus its search for target businesses on companies in the cannabis industry. However, Petra subsequently entered into and completed a non-cannabis deal.
  • Added 1 Tier 3 Security:
    • +1 = Pre-IPO Added

All newly-identified CRBs during the week:

Company Name

Tier

Sector

Description

DrazCanna, Inc.

(OTC Pink: SIBED)

1B Owner/Investor

DrazCanna, Inc. was operating in the educational sector until 2016 and was dormant until 2021 when the corporation filed its reports to achieve current status. DrazCanna intends to enter the United States legal cannabis industry. DrazCanna entered into a letter of intent for a reverse merger with a Michigan-based corporation, also named DrazCanna, Inc., to enter the cannabis bio-pharmaceutical supply chain. The Michigan-based corporation focuses on a nutrient optimizer algorithm for cannabis cultivation and female-to-female strain development process. The Michigan-based corporation owns two subsidiaries, Lybull, Inc. and Drazmatic, Inc. Lybull holds a cannabis pre-license in Michigan.

Bright Green Corporation

1A Licensed CRB Pre-IPO

Cilo Cybin Pharmaceutical Ltd.

1A Licensed CRB Pre-IPO

Asterion Cannabis Inc.

1B Owner/Investor Pre-IPO

Hempacco Co., Inc.

1B Owner/Investor Pre-IPO

Kolaboration Ventures Corporation

1B Owner/Investor Pre-IPO

Raphael Pharmaceutical Inc.

2 Pharma & Biotech Pre-IPO

CannaTrac Technology, Inc.

2 IT Services & Software Pre-IPO

Freehold Properties, Inc.

2 Real Estate Pre-IPO

Altmore BDC, Inc.

2 Financial Services Pre-IPO

Yesway, Inc.

3 Traditional Retail Pre-IPO

 

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