RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | July 22 - 28, 2024
Published on July 31, 2024

CRB Monitor Securities Database Updates

During the week of July 22 - 28, 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 July 22 - 28, 2024:

Tier

Total #

Active / Inactive / Pre-IPO

Added

Removed

Net Change

Tier 1A

146

121 / 23 / 2

+0 -0 +0

Tier 1B

707

556 / 149 / 2

+0 -0 +0

Tier 2

314

294 / 15 / 5

+0 -1 -1

Tier 3

478

450 / 27 / 1

+0 -1 -1

Total Issuances

1,645

1,421 / 214 / 10

+0 -2 -2

Total Issuers   (w/o Pre-IPOs)

1,233

-

+0 -2 -2

Total Issuers    (w/ Pre-IPOs)

1,243

-

+0 -2 -2

 

Removed 1 Tier 2 Security:

  • -1 = Discarded Business Record from Database: (“Life On Earth, Inc.”)
    • Rationale = Life On Earth, Inc. was a U.S.-based consumer packaged goods company which was involved in the cannabis industry through the production of cannabidiol (CBD) and hemp products, primarily beverages. However, the company's security has been revoked/delisted and it no longer trades.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.

Removed 1 Tier 3 Security:

  • -1 = Discarded Business Record from Database: (“American Eagle Outfitters, Inc.”)
    • Rationale = American Eagle Outfitters, Inc., based in the U.S., is engaged in the retail of apparel, accessories and personal care products, primarily through brick-and-mortar stores. The company also has an online business. American Eagle Outfitters was previously involved in the cannabis industry though the sale of topical hemp-derived cannabidiol (CBD) products for bath and body. However, the company has since discontinued this product line and no longer sells any cannabis-related products. There is no evidence to suggest that the company has any other connection to, or intention to re-enter, the cannabis industry. As a result, 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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