CRB Monitor Securities Database Updates
During the week of January 16 - 22, 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 January 16 - 22, 2023:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
152 |
128 / 22 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
727 |
591 / 134 / 2 |
+2 | -0 | +2 |
|
Tier 2 |
350 |
325 / 22 / 3 |
+0 | -3 | -3 |
|
Tier 3 |
515 |
486 / 28 / 1 |
+0 | -0 | +0 |
|
Total Issuances |
1,744 |
1,530 / 206 / 8 |
+2 | -3 | -1 |
|
Total Issuers (w/o Pre-IPOs) |
1,310 |
- |
+2 | -1 | +1 |
|
Total Issuers (w/ Pre-IPOs) |
1,318 |
- |
+2 | -1 | +1 |
- Added 2 Tier 1B Securities:
- +1 = New CRB: (“AAP, Inc.”)
- +1 = New CRB: (“Cantourage Group SE”)
- Removed 3 Tier 2 Securities:
- -3 = Discarded Business Record from Database: (“Tuscan Holdings Corp. II”) - 1 Issuer with 3 Securities (1 Common, 1 Warrant & 1 Unit)
- Rationale = Tuscan Holdings Corp. II, was a blank check company (SPAC) formed to complete a transaction within the cannabis industry. However, the company failed to complete any transaction by its deadline of December 2022. As a result, the company has been delisted from NASDAQ and no longer trades. Tuscan Holdings Corp. II has commenced the process of dissolving and liquidating.
- -3 = Discarded Business Record from Database: (“Tuscan Holdings Corp. II”) - 1 Issuer with 3 Securities (1 Common, 1 Warrant & 1 Unit)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 1B | Yes | Owner/ Investor | AAP, Inc. is a US-based company committed to exploring and investing in opportunities with advanced business models. AAP acquired a controlling interest in the Buddha Company, a Los Angeles based cannabis business. The Buddha Company has highly desirable licenses that allow for all commercial cannabis activities at one location that include: cultivation, manufacturing, retail delivery, retail storefront, and B2B distribution. | |
| 1B | Yes | Owner/ Investor | Cantourage Group SE is a publicly listed, leading European medical cannabis company. The Berlin-based company enables producers from all over the world to become part of the rapidly growing European medical cannabis market in a faster and more cost-effective way, while guaranteeing and developing the highest European quality standards. The company offers products in all relevant market segments: dried flowers, extracts, Dronabinol and pharma-grade Cannabidiol. The company indirectly holds a cannabis license in Germany through its subsidiary Cantourage GmbH. |