CRB Monitor Securities Database Updates
During the week of January 30 - February 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 January 30 - February 5, 2023:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
152 |
128 / 22 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
723 |
587 / 134 / 2 |
+0 | -4 | -4 |
|
Tier 2 |
350 |
325 / 22 / 3 |
+0 | -0 | +0 |
|
Tier 3 |
515 |
486 / 28 / 1 |
+0 | -0 | +0 |
|
Total Issuances |
1,740 |
1,526 / 206 / 8 |
+0 | -4 | -4 |
|
Total Issuers (w/o Pre-IPOs) |
1,308 |
- |
+0 | -2 | -2 |
|
Total Issuers (w/ Pre-IPOs) |
1,316 |
- |
+0 | -2 | -2 |
- Removed 4 Tier 1B Securities:
- -2 = Discarded Business Record from Database: (“Molson Coors Beverage Company”) - 1 Issuer with 2 Securities (2 Common)
- -2 = Discarded Business Record from Database: (“Molson Coors Canada Inc.”) - 1 Issuer with 2 Securities (2 Common)
- Rationale = Molson Coors Beverage Company, along with its subsidiary Molson Coors Canada Inc., were previously involved in the cannabis industry through a joint venture with publicly-traded Tier 1 HEXO Corp. to develop non-alcohol hemp-derived CBD beverages. However, Molson Coors announced that it made the decision to "unwind" its joint venture with Canadian-based HEXO as part of the Truss USA joint venture into the CBD beverage market. The reason? “There remains no near-term pathway to federal legalization, leaving uncertainty in the market.” “Should the regulatory landscape in the U.S. change,” the company will “re-enter.”
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
|
N/A |
N/A | N/A | N/A | N/A |