---
title: Cannabis-Related Securities | Weekly Update | May 15 - 21, 2023
description: Cannabis-Related Securities Update
image: https://www.crbmonitor.com/hubfs/cannabis-financial-banking-bill.jpg
---

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# RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | May 15 - 21, 2023

##### Published on May 25, 2023

**CRB Monitor Securities Database Updates **

During the week of May 15 - 21, 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 May 15 - 21, 2023**:

| **Tier** | **Total #** | **Active / Inactive / Pre-IPO** | **Added** | **Removed** | **Net Change** |
| --- | --- | --- | --- | --- | --- |
| **Tier 1A** | **148** | **124 / 22 / 2** | **+0** | **-0** | **+0** |
| **Tier 1B** | **725** | **576 / 147 / 2** | **+0** | **-0** | **+0** |
| **Tier 2** | **340** | **317 / 19 / 4** | **+0** | **-0** | **+0** |
| **Tier 3** | **507** | **479 / 27 / 1** | **+0** | **-1** | **-1** |
| **Total Issuances** | **1,720** | **1,496 / 215 / 9** | **+0** | **-1** | **-1** |
| **Total Issuers   (w/o Pre-IPOs)** | **1,297** | **-** | **+0** | **-1** | **-1** |
| **Total Issuers    ****(w/ Pre-IPOs)** | **1,306** | **-** | **+0** | **-0** | **+0** |

- **Removed 1 Tier 3 Security:** 
    - -1 = Discarded Business Record from Database: (“iBio, Inc.”)  
          - Rationale = iBio, Inc. is a US-based biopharmaceutical company which was previously exploring the incorporation of cannabis into its existing design and build turn-key facility model. However, it has been over a year since there has been any mention of cannabis in connection with this company. There is no evidence to suggest that this company is still actively engaged in 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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