Week of December 9 - December 15, 2023
Do you love data and staying up to date with the latest cannabis-related headlines? Are you searching for industry news to inform your institution’s approach to cannabis risk and compliance?
You've come to the right place.
Hashing Out the Truth
CRB Monitor’s database growth by the numbers.
Tier 1 Marijuana-Related Business Counts
Weekly Summary (December 9 - December 15, 2023):
75,644 1A MRBs + 3,899 1B MRBs = 79,543 total
1A MRBs
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 MRBs
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.
Marijuana 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.
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
Oklahoma accountant accused of being a ‘front’ for illegal cultivation sites
TerrAscend Fined $20K in New Jersey for Patient Access Violations
PharmaCann Fined $15K by Maryland Regulators for Securities Transfer Violations
Seven Points Agro Therapeutics agreed to pay $62,000 to Maryland after violations
Detroit dispensary owner banned from selling weed after more than a dozen violations
Calif. County Sued For 'Shock And Awe' Raid On Cannabis Op
A quarter of Missouri cannabis microbusiness license winners deemed ineligible
New York regulators issue first cannabis product recall
Litigation
Residency Requirement Foe Picks New Legal Fight in Washington State
Ohio Panel Topples Pot Dispensary's Victory In Lease Fight
Legalization & Regulation
PA Governor Signs Bill Allowing Marijuana Growers To Sell To Patients, Dispensaries To Cultivate
New Federal Legalization Bill Gives Industry Possible Rallying Point
Cannabis delivery companies celebrate as Mass. CCC approves rule change
Mississippi regulators filed revised medical cannabis rules
Federal Study: States That Ban Marijuana May ‘Unintentionally Promote’ Unregulated Delta-8 THC
Illinois looking to fix cannabis licensing issues with new law
Ohio Bills To Change Voter-Approved Marijuana Law Pushed Back To 2024
New Hampshire Lawmakers Have Pre-Filed A Dozen Marijuana Bills For The 2024 Session
Delaware Bill Would Expand Access To Medical Marijuana Ahead Of Adult-Use Sales Launch
Oregon regulators published a bulletin on changes to medical cannabis and hemp rules
Rhode Island regulators add hemp, THC definitions to revised cannabis testing regulations
Minnesota cautions consumers about illegal high-dose THC products
Licensing Related
Florida looks to double size of medical marijuana industry within next 6 months
Alabama Medical Cannabis Commission awards five integrated facility licenses
Multiple companies challenging licenses denied by Alabama Medical Cannabis Commission
NY on pace for 37 operating adult-use cannabis stores by year-end, gov says
Maryland Social Equity Cannabis Business Licensing Round Closes
The Grasshopper Club Celebrates 2 Dispensary Openings This Year in Chicago
Mergers and Acquisitions
Shiny Health & Wellness to Acquire Ontario Cannabis Chain
Canopy Growth Announces Completed Sale of This Works
Markets
Workers at Third Ayr Wellness Dispensary Vote to Join UFCW Local 711
Organigram Announces Appointment of Greg Guyatt as Chief Financial Officer
Mississippi marijuana lab sounds alarm on THC, pesticides
International
Dutch Growers Eye Pot Of Gold As Weed Test Trial Rolls Out
Colombian Senate Shelves Marijuana Legalization Bill In Another Major Setback For Advocates