RESOURCES | Cannabis Securities News

Cannabis-Related Securities | Weekly Update | January 9 - 15, 2023
Published on January 19, 2023

CRB Monitor Securities Database Updates

During the week of January 9 - 15, 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 9 - 15, 2023:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

152

128 / 22 / 2

+0 -0 +0

Tier 1B

725

589 / 134 / 2

+0 -0 +0

Tier 2

353

328 / 22 / 3

+0 -1 -1

Tier 3

515

486 / 28 / 1

+1 -0 +1

Total Issuances

1,745

1,531 / 206 / 8

+1 -1 +0

Total Issuers   (w/o Pre-IPOs)

1,340

-

+0 -0 +0

Total Issuers    (w/ Pre-IPOs)

1,350

-

+0 -0 +0

  • Removed 1 Tier 2 Security:
    • -1 = CRB Tier Downgraded to Tier 3: (“Scopus BioPharma Inc.”)
  • Added 1 Tier 3 Security:
    • +1 = CRB Tier Downgraded to Tier 3: (“Scopus BioPharma Inc.”) 
      • Rationale = There is no evidence to suggest that the company directly or indirectly (1) holds a cannabis license and/or (2) engages in "plant-touching" operations. Additionally, the company's involvement in the cannabis industry does not constitute a substantial revenue source, relative to its overall business. Therefore, qualifies for Tier 3.

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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