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CRB Monitor | Weekly Update | April 12 - April 18, 2025
Published on April 23, 2025

CRB Monitor Database: Charting Growth

As Tier 1A cannabis-related business records grew by 58 the week of April 12, beneficial owner records jumped by 160. Meanwhile, active business licenses continued to grow, increasing by 96 during the week.

Tier 1 Cannabis-Related Business Counts

Weekly Summary: 89,091 1A CRBs + 4,937 1B CRBs = 94,028 total

1A CRBs

1A CRB-042225
Tier 1A defined: Businesses in this tier literally touch the cannabis plant at some point along the supply chain from "seed to sale," and are generally licensed by a government agency or regulator. Effectively all of their actual or expected revenue is derived from the cultivation, production, testing or sale of cannabis. 

1B CRBs 

1B CRB-042225
Tier 1B defined: Businesses that have a financial or controlling interest in a Tier 1A CRB. CRB Monitor generally considers 1B businesses as seemingly unrelated businesses highlighted as red flags by FinCEN in its marijuana banking guidance and are similar in nature to individual beneficial owners. 

Cannabis Business Licenses

CBL-042225
Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.

Beneficial Owners Count

BOR-042225
Beneficial owners defined: For beneficial owners, each economic owner or controlling person is classified into one or more categories based on their relationship to the linked CRB including: (1) Owner/Investor, (2) Board Member, (3) Corporate Officer, (4) Executive, (5) Non-commercial Registered Agent or (6) Senior Manager. 

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Cannabis News of Note

A selection of relevant cannabis-related news. Items marked with logo_color_markonly 20px indicate links to licensed business profiles in the CRB Monitor database.

Adverse Media

Missouri Regulators Revoke Another 25 Licenses
California shutters marijuana testing lab for 7 alleged violations logo_color_markonly 20px

Legalization & Regulation

Rhode Island Commission Approves Final Regulations
Minnesota’s adult-use cannabis rules officially in effect, but launch delays expected (subscription)
Trulieve contributes nearly $20 million to Florida adult-use marijuana legalization logo_color_markonly 20px

Licensing

Delaware Bill Could Revive Adult-Use Launch 

Markets

Maryland Cannabis Workers at gLeaf Dispensary Unionize With UFCW logo_color_markonly 20px
Nevada’s first cannabis consumption lounge shuttered logo_color_markonly 20px

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