RESOURCES | Cannabis Securities News

Cannabis-Linked Securities | Weekly Update | October 31 - November 6, 2022
Published on November 8, 2022

CRB Monitor Securities Database Updates

During the week of October 31 - November 6, 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 October 31 - November 6, 2022:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

151

127 / 22 / 2

+0 -0 +0

Tier 1B

724

592 / 130 / 2

+0 -0 +0

Tier 2

356

331 / 22 / 3

+0 -0 +0

Tier 3

543

514 / 28 / 1

+0 -3 -3

Total Issuances

1,774

1,564 / 202 / 8

+0 -3 -3

Total Issuers   (w/o Pre-IPOs)

1,371

-

+0 -3 -3

Total Issuers    (w/ Pre-IPOs)

1,381

-

+0 -3 -3

  • Removed 3 Tier 3 Securities:
    • -1 = Discarded Business Record from Database: (“XTM Inc.”) 
      • Rationale = XTM Inc. is a Canada-based fintech company which previously entered into a letter of intent to collaborate on a proprietary cashless payment network for 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: (“UPD Holding Corp.”) 
      • Rationale = UPD Holding Corp. is a US-based holding company operating in the health and wellness industry. UPD previously announced that it had entered into an agreement for the development of a hemp-infused beverage product. 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: (“Sensera Limited”) 
      • Rationale = Sensera Limited is an Australia-based company focused on specialized micro-electro-mechanical systems. Sensera previously announced that it was developing “cannabis gas monitoring” equipment. 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.