CRB Monitor Database: Charting Growth
Although active cannabis business licenses and pre-licenses fell again this week, approved/pending licenses grew by 61. Total Tier 1 records increased by 67 in the last week, most of them being plant-touching Tier 1A businesses.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,561 1A CRBs + 4,846 1B CRBs = 93,407 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.
Litigation
MA Lab Sues Competitors for Alleged Testing Fraud
Federal judge rules cannabis antitrust case against Jushi can proceed (subscription)
Serial cannabis litigator files another lawsuit against New York regulators (subscription)
Legalization & Regulation
MJ-Related Banking Discussed at Senate Committee Hearing
Virginia Senate OKs adult-use marijuana retail; House advances companion bill
Health chief nominee declines to endorse marijuana rescheduling, to ‘defer’ to DEA
Pennsylvania governor again asks state lawmakers to legalize adult-use cannabis
Hawaii House kills recreational marijuana bill again
Licensing
MN Takes Second Shot at Adult-Use Licensing
Pink Fox launches as the first transitioned D.C. manufacturer
Mergers & Acquisitions
TILT Holdings Signs Definitive Agreement to Divest 2 Retail Locations in Massachusetts
MSO iAnthus selling cannabis stores, cultivation facility in Arizona
Markets
Marijuana finance company Safe Harbor pauses promissory note payments
Oregon’s marijuana glut leads to lowest prices ever, regulator says
Grown Rogue Appoints Josh Rosen as Chief Strategy Officer
Curio Wellness Launches Cannabis Cultivation in Missouri
AYR Wellness Board Member Resigns
Village Farms International Commences Sales at Leli Holland Subsidiary in Netherlands