---
title: Cannabis-Linked Securities | Weekly Update | November 21 - 27, 2022
description: Cannabis-Linked Securities Update
image: https://www.crbmonitor.com/hubfs/cannabis-financial-banking-bill.jpg
---

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# RESOURCES | Data Updates | Securities

Cannabis-Linked Securities | Weekly Update | November 21 - 27, 2022

##### Published on November 29, 2022

**CRB Monitor Securities Database Updates **

During the week of November 21 - 27, 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 21 - 27, 2022**:

| **Tier** | **Total #** | **Active / Inactive / Pre-IPO** | **Added** | **Removed** | **Net Change** |
| --- | --- | --- | --- | --- | --- |
| **Tier 1A** | **152** | **128 / 22 / 2** | **+0** | **-0** | **+0** |
| **Tier 1B** | **723** | **587 / 134 / 2** | **+0** | **-0** | **+0** |
| **Tier 2** | **357** | **332 / 22 / 3** | **+0** | **-0** | **+0** |
| **Tier 3** | **531** | **502 / 28 / 1** | **+0** | **-4** | **-4** |
| **Total Issuances** | **1,763** | **1,549 / 206 / 8** | **+0** | **-4** | **-4** |
| **Total Issuers   (w/o Pre-IPOs)** | **1,359** | **-** | **+0** | **-4** | **-4** |
| **Total Issuers    ****(w/ Pre-IPOs)** | **1,369** | **-** | **+0** | **-4** | **-4** |

- **Removed 4 Tier 3 Securities:** 
    - -1 = Discarded Business Record from Database: (“Abercrombie & Fitch Co.”)   
          - Rationale = Abercrombie & Fitch Co. is a US-based specialty retailer of apparel and accessories. Abercrombie was previously involved in the cannabis industry through the sale of CBD-infused body-care 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: (“Dezhan Healthcare Company Limited”)   
          - Rationale = Dezhan Healthcare Company Limited is a China-based company mainly engaged in the research and development, production and sales of pharmaceuticals. Dezhan was previously involved in the cannabis industry through a joint venture to explore the development of CBD pharmaceutical 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: (“Tevano Systems Holdings Inc.”)   
          - Rationale = Tevano Systems Holdings Inc. is a Canada-based hardware and software technology company. Tevano was previously involved in the cannabis industry through the provision of software and payment system kiosks to dispensaries. 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: (“Reed's Inc.”)   
          - Rationale = Reed's Inc. is a US-based beverage company specializing in ginger-based beverages. Reed’s Inc. was previously involved in the cannabis industry through a test pilot for the development and sale of a ginger beer beverage product containing hemp extract. 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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