RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | January 15 - 21, 2024
Published on January 25, 2024

CRB Monitor Securities Database Updates

During the week of January 15 - 21, 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 January 15 - 21, 2024:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

146

121 / 23 / 2

+0 -0 +0

Tier 1B

715

563 / 150 / 2

+0 -0 +0

Tier 2

325

305 / 15 / 5

+0 -1 -1

Tier 3

494

466 / 27 / 1

+0 -2 -2

Total Issuances

1,680

1,455 / 215 / 10

+0 -3 -3

Total Issuers   (w/o Pre-IPOs)

1,266

-

+0 -3 -3

Total Issuers    (w/ Pre-IPOs)

1,276

-

+0 -3 -3

 

Removed 1 Tier 2 Security:

  • -1 = Discarded Business Record from Database: (“Vert Infrastructure Ltd.”)
    • Rationale = Vert Infrastructure Ltd. is a Canada-based company engaged in the real estate investment trust business sector. The company previously provided services to licensed cannabis producers and processors. 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. The company’s website is dead. As a result, this business no longer qualifies for inclusion.

Removed 2 Tier 3 Securities:

  • -1 = Discarded Business Record from Database: (“De La Rue PLC”)
    • Rationale = De La Rue PLC is a UK-based company which designs, manufactures and delivers banknotes. The company also provides services related to product authentication and traceability. De La Rue previously provided anti-counterfeit security labels to 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: (“DirectView Holdings, Inc.”)
    • Rationale = DirectView Holdings, Inc. is a US-based provider of security-related services for residential, commercial, and industrial. The company previously provided services to cannabis cultivation facilities. However, The company's security has been revoked/delisted and it no longer trades.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 1 CRB, 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

 

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