RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | August 26 - September 1, 2024
Published on September 5, 2024

CRB Monitor Securities Database Updates

During the week of August 26 - September 1, 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 August 26 - September 1, 2024:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

146

121 / 23 / 2

+0 -0 +0

Tier 1B

707

556 / 149 / 2

+0 -0 +0

Tier 2

307

288 / 14 / 5

+0 -0 +0

Tier 3

474

446 / 27 / 1

+0 -2 -2

Total Issuances

1,634

1,411 / 213 / 10

+0 -2 -2

Total Issuers   (w/o Pre-IPOs)

1,225

-

+0 -2 -2

Total Issuers    (w/ Pre-IPOs)

1,235

-

+0 -2 -2

 

Removed 2 Tier 3 Securities:

  • -1 = Discarded Business Record: (“Johnson Matthey Plc”)
    • Rationale = Johnson Matthey Plc, based in the United Kingdom, is engaged in the production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals, oil, and gas sectors. Johnson Matthey Plc was previously involved in the cannabis industry through the development of a new process to synthesise ultra-pure cannabidiol (CBD). The company was also involved in the development of various cannabidiol and cannabinoid products for medicinal purposes. However, it has been over two years 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: (“MGX Minerals Inc.”)
    • Rationale = MGX Minerals Inc., based in Canada, is a diversified resource, technology, and mining company with interests in advanced materials, metals and energy technologies. The company is engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. MGX Minerals Inc. was previously involved in the cannabis industry through a strategic partnership agreement to co-develop and market a packaged energy management product offering for the cannabis cultivation market. However, it has been over two years 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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