RESOURCES | Cannabis Securities News

Cannabis-Linked Securities | Weekly Update | November 14 - 20, 2022
Published on November 22, 2022

CRB Monitor Securities Database Updates

During the week of November 14 - 20, 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 November 14 - 20, 2022:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

152

128 / 22 / 2

+0 -0 +0

Tier 1B

722

587 / 133 / 2

+0 -0 +0

Tier 2

357

332 / 22 / 3

+0 -0 +0

Tier 3

535

506 / 28 / 1

+0 -4 -4

Total Issuances

1,766

1,553 / 205 / 8

+0 -4 -4

Total Issuers   (w/o Pre-IPOs)

1,363

-

+0 -4 -4

Total Issuers    (w/ Pre-IPOs)

1,373

-

+0 -4 -4

  • Removed 4 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“Quest Resource Holding Corporation”) 
      • Rationale = Quest Resource Holding Corporation is a US-based provider of waste and recycling services. Quest Resource was previously involved in the cannabis industry through a partnership to distribute cannabis waste processing systems. 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: (“Burger Fuel Group Limited”) 
      • Rationale = Burger Fuel Group Limited is a New Zealand-based franchisor of gourmet burger restaurants. Burger Fuel Group was previously involved in the cannabis industry through the sale of hemp-infused food 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: (“BBHC, Inc.”) 
      • Rationale = BBHC, Inc. is a US-based alternative energy company. BBHC previously provided industrial gases and energy-related services to the cannabis industry. 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: (“IDGlobal Corp.”) 
      • Rationale = IDGlobal Corp. is a US-based diversified holdings company offering a range of consulting services. IDGlobal was previously involved in the cannabis industry through an agreement to offer cannabis consulting services. 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.