---
title: Cannabis-Related Securities | Weekly Update | April 29 - May 5, 2024
description: Cannabis-Related Securities Update
image: https://www.crbmonitor.com/hubfs/cannabis-financial-banking-bill.jpg
---

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# RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | April 29 - May 5, 2024

##### Published on May 9, 2024

**CRB Monitor Securities Database Updates **

During the week of April 29 - May 5, 2024, 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 April 29 - May 5, 2024**:

| **Tier** | **Total #** | **Active / Inactive / Pre-IPO** | **Added** | **Removed** | **Net Change** |
| --- | --- | --- | --- | --- | --- |
| **Tier 1A** | **146** | **121 / 23 / 2** | **+0** | **-0** | **+0** |
| **Tier 1B** | **708** | **557 / 149 / 2** | **+0** | **-0** | **+0** |
| **Tier 2** | **319** | **299 / 15 / 5** | **+0** | **-0** | **+0** |
| **Tier 3** | **484** | **456 / 27 / 1** | **+0** | **-1** | **-1** |
| **Total Issuances** | **1,657** | **1,433 / 214 / 10** | **+0** | **-1** | **-1** |
| **Total Issuers   (w/o Pre-IPOs)** | **1,246** | **-** | **+0** | **-1** | **-1** |
| **Total Issuers    ****(w/ Pre-IPOs)** | **1,256** | **-** | **+0** | **-1** | **-1** |

 

**Removed 1 Tier 3 Security:**

- -1 = Discarded Business Record from Database: (“Beijing Chieftain Control Engineering Technology Co., Ltd.”) 
    - Rationale = Beijing Chieftain Control Engineering Technology Co., Ltd. is a China-based provider of pharmaceutical and biotechnology industrial control systems including automation engineering, pneumatic diaphragms, operating equipment, etc. The company was previously involved in the cannabis industry through the development of machinery and equipment used in the field of industrial hemp CBD extraction. However, it has been over two years since there has been any mention of cannabis in connection with this company. The company's website page featuring its hemp production line is blank. 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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