CRB Monitor Database: Charting Growth
While Tier 1A cannabis-related business records grew by only 2.7% in the last quarter, Tier 1B companies, which have a financial or controlling interest in Tier 1As, jumped by 11.2%. Beneficial owner records, however, went up by only 1.9% since the last quarter.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,394 1A CRBs + 4,776 1B CRBs = 93,170 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
Nebraska medical marijuana legalization lawsuit now includes more state officials
Nation’s oldest marijuana retailer facing multiple lawsuits related to unpaid bills
Legalization & Regulation
2024 Cannabis Legal & Regulatory Review
Court Orders NY Authorities to Lay Off Licensed Hemp Shops
Indiana GOP lawmakers introduce adult-use cannabis legalization bill
South Carolina Medical Cannabis Legalization Back on the Legislative Table for 2025
Florida adult-use cannabis campaign announces new push for 2026 ballot
Mergers & Acquistions
Canadian cannabis retailer High Tide entering German market via acquisition
Markets
Ayr Wellness opens Miami’s first medical cannabis dispensary
PharmaCann Cannabis Cultivation Workers Vote to Unionize in Illinois
Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes
Nevada Cannabis Workers at Ayr Wellness Ratify 1st Union Contract
Reborn Eaze plants first cannabis crop at newly expanded Florida cultivation facility
Missouri Now 5th Largest Adult-Use Cannabis Market in Nation
Lobbying groups unite to form US Cannabis Roundtable
Trulieve Opening 4th Ohio Cannabis Dispensary in Zanesville