RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | February 27 - March 5, 2023
Published on March 8, 2023

CRB Monitor Securities Database Updates

During the week of February 27 - March 5, 2023, 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 27 - March 5, 2023:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

145

121 / 22 / 2

+0 -0 +0

Tier 1B

731

589 / 140 / 2

+0 -0 +0

Tier 2

343

322 / 18 / 3

+0 -1 -1

Tier 3

504

476 / 27 / 1

+1 -0 +1

Total Issuances

1,723

1,508 / 207 / 8

+1 -1 +0

Total Issuers   (w/o Pre-IPOs)

1,299

-

+1 -1 +0

Total Issuers    (w/ Pre-IPOs)

1,307

-

+1 -1 +0

  • Removed 1 Tier 2 Security:
    • -1 = Discarded Business Record from Database: (“VaporBrands International, Inc.”)
      • Rationale = VaporBrands International is a US-based company developing electric vehicles. VaporBrands was previously involved in the cannabis industry through the manufacture and sale of hemp-derived CBD products with a focus on the “vaping” industry. However, per its own admission VaporBrands “has ceased all Vape or CBD related activities.” VaporBrands “will put all its efforts towards” electric vehicles. As a result, this business no longer qualifies for inclusion.
  • Added 1 Tier 3 Security:
    • +1 = New CRB: (“SNM Global Holdings”)

All newly-identified CRBs during the week:

Company Name

Tier

Pure-Play Sector

Description

SNM Global Holdings

(OTC Pink: SNMN)

3 No IT Services & Software Business Description: SNM Global Holdings, is a diversified public company firmly committed to building a portfolio of companies spanning every business sector by using forensic research and timely action to capitalize on value-based opportunities that will establish a lasting stable foundation of shareholder value.

Inclusion Rationale: Per its own admission, it now has four portfolio companies under the SNM Global umbrella. Only one is cannabis-related: “HempHUB” which aims to provide medical cannabis and hemp products through a health focused experience so that its customers are connected to the benefits cannabis can provide, which will primarily be done through the mobile apps and website.

 

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