---
title: Cannabis-Related Securities | Weekly Update | May 20 - 26, 2024
description: Cannabis-Related Securities Update
image: https://www.crbmonitor.com/hubfs/cannabis-financial-banking-bill.jpg
---

[![CRB Monitor](https://www.crbmonitor.com/hubfs/Crbmonitor%20-%20December2019/Images/logo.svg "CRB Monitor")](https://www.crbmonitor.com/)

Close

## Request More Info

We'd love to hear from you! Let us know how we can help.

# RESOURCES | Data Updates | Securities

Cannabis-Related Securities | Weekly Update | May 20 - 26, 2024

##### Published on May 30, 2024

**CRB Monitor Securities Database Updates **

During the week of May 20 - 26, 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 May 20 - 26, 2024**:

| **Tier** | **Total #** | **Active / Inactive / Pre-IPO** | **Added** | **Removed** | **Net Change** |
| --- | --- | --- | --- | --- | --- |
| **Tier 1A** | **146** | **121 / 23 / 2** | **+0** | **-0** | **+0** |
| **Tier 1B** | **706** | **555 / 149 / 2** | **+0** | **-2** | **-2** |
| **Tier 2** | **319** | **299 / 15 / 5** | **+0** | **-0** | **+0** |
| **Tier 3** | **482** | **454 / 27 / 1** | **+0** | **-0** | **+0** |
| **Total Issuances** | **1,653** | **1,429 / 214 / 10** | **+0** | **-2** | **-2** |
| **Total Issuers   (w/o Pre-IPOs)** | **1,243** | **-** | **+0** | **-1** | **-1** |
| **Total Issuers    ****(w/ Pre-IPOs)** | **1,253** | **-** | **+0** | **-1** | **-1** |

 

**Removed 2 Tier 1B Securities:**

- -2 = Discarded Business Record from Database: (“Nature's Miracle Holding Inc.”) - *1 Issuer with 2 Issuances (1 Common & 1 Warrant)*  
    - Rationale = On April 17, 2024 Nature's Miracle Holding Inc. entered into a term sheet to merge with and acquire 100% of publicly-traded Tier 1 CRB "Agrify Corporation". On May 16, 2024 both companies signed a definitive merger agreement. However, on May 20, 2024 both companies announced they have mutually agreed to terminate this agreement citing unfavorable market conditions. James Li, Chairman and CEO of Nature's Miracle Holding Inc. stated, "Based on the current unfavorable market conditions, we've determined this is in the best interest of our shareholders and the long-term value of our business. At Nature's Miracle, we will continue to focus on our core indoor growing products including grow light, dehumidifier and container growing systems where we are seeing strong momentum.  We extend our appreciation to the Agrify team for their cooperation." While Nature's Miracle sells growing products, there is no evidence to suggest that these are sold to the cannabis industry. Rather, growers of general produce use these products. As a result, Nature's Miracle 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 |

 

### Most Popular

### Subscribe For Updates

## Explore how CRBMonitor can simplify your cannabis-related compliance challenges.

Request Demo

### CRB Monitor Cannabis Corporate Intelligence

### Contact Us

[Info@CRBMonitor.com](mailto:Info@CRBMonitor.com)   
[844-672-3282](tel:844-672-3282)

###### [EVENTS & ENGAGEMENTS](https://www.crbmonitor.com/events-and-speaking-engagements) [CRB RISK TIERS](https://www.crbmonitor.com/resources/defining-cannabis-marijuana-related-business) [DIGITAL ASSETS](https://www.crbmonitor.com/digital-asset-related-businesses-and-securities)

###### [PRIVACY POLICY](https://www.crbmonitor.com/privacy-policy/)

### Pressroom

- [LinkedIn ](https://www.linkedin.com/company/mrb-monitor)

< !-- Google Tag Manager (noscript) -->

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Jim Francis",
    "url" : "https://www.crbmonitor.com/resources/author/jim-francis"
  },
  "dateModified" : "2024-05-30T00:30:57.674Z",
  "datePublished" : "2024-05-30T00:30:57.000Z",
  "headline" : "Cannabis-Related Securities | Weekly Update | May 20 - 26, 2024",
  "image" : [ "https://www.crbmonitor.com/hubfs/cannabis-financial-banking-bill.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.crbmonitor.com/resources/cannabis-related-securities-weekly-update-may-20-26-2024",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://www.crbmonitor.com/hubfs/logo_color_full.png"
    },
    "name" : "CRB Monitor"
  }
}
```