CRB Monitor Securities Database Updates
During the week of September 9 - 15, 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 September 9 - 15, 2024:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
146 |
121 / 23 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
704 |
553 / 149 / 2 |
+0 | -1 | -1 |
|
Tier 2 |
307 |
288 / 14 / 5 |
+0 | -0 | +0 |
|
Tier 3 |
473 |
445 / 27 / 1 |
+0 | -1 | -1 |
|
Total Issuances |
1,630 |
1,407 / 213 / 10 |
+0 | -2 | -2 |
|
Total Issuers (w/o Pre-IPOs) |
1,221 |
- |
+0 | -2 | -2 |
|
Total Issuers (w/ Pre-IPOs) |
1,231 |
- |
+0 | -2 | -2 |
Removed 1 Tier 1B Security:
- -1 = Discarded Business Record: (“Heritage Cannabis Holdings Corp.”)
- Rationale = Heritage Cannabis Holdings Corp., based in Canada, is a vertically-integrated cannabis provider focused on cannabis-based medical solutions. The company also provides cannabis extraction services and develops drug delivery systems for cannabinoids. However, the company's security has been revoked/delisted and it no longer trades (“failure to file certain continuous disclosure documents”). 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: (“Snipp Interactive Inc.”)
- Rationale = Snipp Interactive Inc., based in Canada, engages in the development and sale of mobile marketing solutions. This includes promotions/contests, loyalty programs, rebates, etc. Snipp Interactive was previously involved in the cannabis industry through the provision of marketing and technology services for a cannabis social network platform. However, it has been over two years 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 |