CRB Monitor Securities Database Updates
During the week of January 8 - 14, 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 8 - 14, 2024:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
146 |
121 / 23 / 2 |
+0 | -1 | -1 |
|
Tier 1B |
715 |
563 / 150 / 2 |
+0 | -0 | +0 |
|
Tier 2 |
326 |
306 / 15 / 5 |
+0 | -0 | +0 |
|
Tier 3 |
496 |
468 / 27 / 1 |
+3 | -0 | +3 |
|
Total Issuances |
1,683 |
1,458 / 215 / 10 |
+3 | -1 | +2 |
|
Total Issuers (w/o Pre-IPOs) |
1,269 |
- |
+2 | -1 | +1 |
|
Total Issuers (w/ Pre-IPOs) |
1,279 |
- |
+2 | -1 | +1 |
Removed 1 Tier 1A Security:
- -1 = Security Removed: (“PotNetwork Holdings, Inc.”)
- Rationale = PotNetwork Holdings, Inc.'s common stock previously traded only on OTC Expert. However, the company's security has been revoked/delisted and it no longer trades. As a result, the company is now private.
Added 3 Tier 3 Securities:
- +1 = New CRB: (“PSYC Corporation”)
- +2 = New CRB: (“Stran & Company, Inc.”) - 1 Issuer with 2 Issuances (1 Common & 1 Warrant)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 3 | No | Media & Publishing | PSYC Corporation is a US-based multimedia leader for progressive and emerging market sectors. The company, through its subsidiary, owns and operates a diversified collection of multimedia platforms primarily focused on medicinal psychedelics. Other platforms are focused on mining/precious metals and other general news. One platform (“Technical 420”) is focused on the cannabis market/news, which also displays advertisements from licensed producers. | |
| 3 | No | Containers & Packaging | Stran & Company, Inc. is a US-based leader in the promotional products industry specializing in branded merchandise and marketing/loyalty incentive programs. The company also provides ordering and logistics services including order processing, warehousing and fulfillment. Per its own admission, the company provides packaging to the cannabis industry. However, the company will only deliver the packaging and “will not touch or be involved in the co-packing, distribution, or any other matter related to the final product, which will include cannabis.” |