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Cannabis-Linked Securities | Weekly Update | November 28 - December 4, 2022
Published on December 6, 2022

CRB Monitor Securities Database Updates

During the week of November 28 - December 4, 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 28 - December 4, 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

+2 -0 +2

Tier 2

357

332 / 22 / 3

+0 -0 +0

Tier 3

527

498 / 28 / 1

+0 -4 -4

Total Issuances

1,759

1,546 / 205 / 8

+2 -4 -2

Total Issuers   (w/o Pre-IPOs)

1,357

-

+2 -4 -2

Total Issuers    (w/ Pre-IPOs)

1,367

-

+2 -4 -2

  • Added 2 Tier 1B Securities:
    • +1 = New CRB: (“Cannovum Health eG”)
    • +1 = New CRB: (“SynBiotic SE”)
  • Removed 4 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“Designer Brands Inc.”) 
      • Rationale = Designer Brands Inc. is a US-based designer, producer and retailer of footwear and accessories (operates Designer Shoe Warehouse aka DSW). Designer Brands 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: (“Holista Colltech Limited”) 
      • Rationale = Holista Colltech Limited is an Australian-based biotech company focused on researching, developing, manufacturing, and marketing health-style products. Holista was previously involved in the cannabis industry through the development of a “water-soluble delivery system” for 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.
    • -1 = Discarded Business Record from Database: (“Datametrex AI Limited”) 
      • Rationale = Datametrex AI Limited  is a Canada-based technology company focused artificial intelligence for the cyber security, telehealth, and electric vehicle (EV) verticals. Datametrex was previously involved in the cannabis industry through a pilot program to analyze “patients' awareness of cannabis-based treatment options and the ongoing effectiveness.” 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: (“Waters Corporation”) 
      • Rationale = Waters Corporation is a US-based specialty measurement company and leader in analytical instruments and software. Waters Corporation was previously involved in the cannabis industry through the provision of cannabis testing equipment and 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

Cannovum AG

(XBER: 27N)

1B Yes Owner/ Investor Cannovum AG is a Germany-based company. The Company engages as a wholesaler, importer and manufacturer of cannabis-based medicines and provide patients in Germany with medical cannabis. Through its subsidiary Cannovum Health eG, it is a fully licensed pharmaceutical wholesaler, importer and manufacturer of high-quality medical cannabis products based in Berlin. The company focuses on the importation of high-quality cannabinoid precursors, medical-scientific education and nationwide distribution for simplified and equitable access to cannabis-based therapies.

SynBiotic SE

(XETRA: SBX)
1B Yes Owner/ Investor SynBiotic SE is a Germany-based investment company. A core business of the company is the research & development, production and marketing of cannabinoid and terpene-based solutions to address major societal problems such as pain, sleep deprivation and anxiety. In addition to the food supplement and cosmetics market, SynBiotic SE is also active in the medical sector, and will shortly also enter the recreational cannabis sector. Through its subsidiary SynBiotic Distribution GmbH (formerly GECA Pharma GmbH), it is a licensed importer and wholesaler of medical cannabis products in Germany.

 

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