CRB Monitor Securities Database Updates
During the week of February 12 - 18, 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 February 12 - 18, 2024:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
146 |
121 / 23 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
710 |
558 / 150 / 2 |
+0 | -1 | -1 |
|
Tier 2 |
323 |
303 / 15 / 5 |
+0 | -0 | +0 |
|
Tier 3 |
490 |
462 / 27 / 1 |
+0 | -3 | -3 |
|
Total Issuances |
1,669 |
1,444 / 215 / 10 |
+0 | -4 | -4 |
|
Total Issuers (w/o Pre-IPOs) |
1,256 |
- |
+0 | -4 | -4 |
|
Total Issuers (w/ Pre-IPOs) |
1,266 |
- |
+0 | -4 | -4 |
Removed 1 Tier 1B Security:
- -1 = Discarded Business Record from Database: (“Global X Cannabis ETF”)
- Rationale = The Global X Cannabis ETF was an exchange-traded fund formed to offer straightforward exposure to cannabis equities in developed markets. The fund tracked an index of developed market companies related to cannabis, hemp & CBD. However, this fund was closed. The security has been delisted. As a result, this business no longer qualifies for inclusion.
Removed 3 Tier 3 Securities:
- -1 = Discarded Business Record from Database: (“Acerus Pharmaceuticals Corporation”)
- Rationale = Acerus Pharmaceuticals Corporation is a Canada-based pharmaceutical company focused on the commercialization and development of prescription products, with a primary focus in the field of men's health. Acerus Pharmaceuticals was previously involved in the cannabis industry through the development of a nasal gel technology to deliver cannabinoids. However, the company's security has been revoked/delisted and it no longer trades. As a result, the company is now private. This is a business without any connection to (1) a cannabis license/"plant-touching" operation, (2) a Tier 1CRB, and/or (3) a publicly-traded CRB. Therefore, this business no longer qualifies for inclusion.
- -1 = Discarded Business Record from Database: (“APEX Global Brands Inc.”)
- Rationale = APEX Global Brands Inc. is a U.S.-based marketer and manager of a portfolio of various fashion and lifestyle brands. APEX Global was previously involved in the cannabis industry through licensing brands to CBD companies and assisting in marketing the products. However, the company's security has been revoked/delisted and it no longer trades. As a result, the company is now private. This is a business without any connection to (1) a cannabis license/"plant-touching" operation, (2) a Tier 1CRB, and/or (3) a publicly-traded CRB. Therefore, this business no longer qualifies for inclusion.
- -1 = Discarded Business Record from Database: (“Sunora Foods Inc.”)
- Rationale = Sunora Foods Inc. is a Canada-based supplier of specialty cooking and food oils. Sunora Foods was previously involved in the cannabis industry through the supply of Medium Chain Triglyceride ("MCT") oil. Sunora supplied MCT oil to act as a carrier for infusion into cannabis and hemp elixirs, tinctures and edibles. However, the company's security has been revoked/delisted and it no longer trades. As a result, the company is now private. This is a business without any connection to (1) a cannabis license/"plant-touching" operation, (2) a Tier 1CRB, and/or (3) a publicly-traded CRB. Therefore, 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 |