CRB Monitor Database: Charting Growth
Active cannabis business licenses broke a weeks-long slump and grew by 29 during the week of April 5. Plus, approved/pending licenses increased by 18. Beneficial owner records jumped by 210. Total Tier 1 CRBs increased by 64 records during the week, almost all Tier 1A.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 89,033 1A CRBs + 4,937 1B CRBs = 93,970 total
1A CRBs
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
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
Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.
Beneficial Owners Count
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.
Cannabis News of Note
A selection of relevant cannabis-related news. Items marked with 
indicate links to licensed business profiles in the CRB Monitor database.
Adverse Media
Gold Flora Enters Receivership Amid Cash Crunch
Litigation
Pomerantz LCC Announces Class Action Against Canopy Growth Corp.
Robbins LLP Reminds Canopy Growth Corp. Investors of Class Action Lawsuit
Metrc allowing rampant illegal marijuana activity, former employee claims in lawsuit
Marijuana operator’s petition, lawsuit allege Alabama commissioners are unfair
Minnesota judge reinstates lottery for adult-use cannabis social equity licenses
Legalization & Regulation
Marijuana Rescheduling Indefinitely Postponed
Rhode Island Cannabis Control Commission Approves Final Regulations
California seizes over $316 million of illegal cannabis (subscription)
New York investigating marijuana giant Stiiizy for possible ‘inversion,’ report says
MA social equity advocates lobby against loosening cannabis licensing rules (subscription)
Legal opinion finds PA state run stores conflict with Controlled Substances Act (subscription)
Connecticut’s social equity cannabis operators want flexibility to sell stakes (subscription)
Connecticut creates new division to oversee state’s marijuana industry
Licensing
Delaware Bill Could Revive Adult-Use Launch
Judge OKs Minnesota adult-use cannabis rules, setting stage for sales to begin
Mergers & Acquisitions
SNDL pays CA$32.2M for 32 cannabis stores in 3 Canadian provinces
Scotts Miracle-Gro transfers cannabis-investment unit to ‘strategic partner’
Markets
SNDL Announces Listing on the CSE
MariMed Promotes Ryan Crandall to Chief Commercial Officer
Green rush turns brown for some cannabis companies (subscription)
Stiiizy Opening California Dispensary in Hawthorne
PharmaCann Opens 3rd Verilife Dispensary in Massachusetts
Terrasana Opening 5th Ohio Dispensary in Middletown
Glass House, Eaze Partner to Bring Cannabis Edibles to Florida
How American cannabis businesses are responding to Trump’s tariffs
Mavuno Opening 2 Ohio Dispensaries in Summer 2025
International
Israel threatens tariffs of up to 165% on medical marijuana imported from Canada