CRB Monitor Database: Charting Growth
Although Tier 1 CRBs have been growing slowly, with 54 more businesses added last week, state data show more substantial and sustained growth among business owners. Beneficial owner records grew by 96 last week and are 578 records higher than a month ago.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 83,543 1A CRBs + 4,049 1B CRBs = 87,592 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
3 more cannabis products recalled in California for pesticides
FDA, FTC Warn 6 Companies That Sell Delta-8 THC Products Mimicking Popular Brands
Litigation
Canopy Growth Gets Investor Fraud Suit Thrown Out
U.S. Chamber Of Commerce Urges Justices To Limit RICO's Reach
Company at center of Missouri marijuana recall faces $20 million lawsuit
Catalyst civil complaint against fellow CA cannabis firm Glass House dismissed
Legalization & Regulation
MA Inspector General Urges Receivership for Troubled Commission
Delaware Gov. Signs Bill to Let Medical Dispensaries Begin Recreational Sales
CANNRA Asks DEA for More Guidance on 6 Areas if It Reschedules Marijuana
DeSantis Anti-Legalization Campaign Gets $100K from Cannabis Exec
Drafting Error Omits PA Dispensaries from 280E Tax Relief in New Budget Law
Pennsylvania budget doesn’t include adult-use marijuana legalization
MO hikes allowable amount of vitamin E acetate, culprit in marijuana vape crisis
Ohio Republicans Introduce Bills to Restrict Adult-Use Hemp Products
Licensing Related
NY Control Board Members Still Disagree On Procedure
Ohio Approves First Recreational Licenses for Growers and Processors Ahead of Sales Launch
Half of eligible cannabis social equity retailers in Illinois at risk of losing licenses
The first 265 days of D.C. medical cannabis retail license hearings
NJCRC Oks 61 Licenses As New Jersey Weed Market Growth Continues
Markets
Unknown compounds found in marijuana testing samples, lab owners say
Ascend Wellness closes $235M notes offering to refinance debt
MedMen wind-down proceeding as receiver works to sell off assets
SNDL Will Consolidate Its Cannabis Businesses in Restructuring
New data shows this unlikely region is dominating the legal pot market
European cannabis firms banking on higher IPOs in US upon rescheduling
Tilray branch receives medical cannabis grow license under Germany’s new law
International
Bahamas introduces legislation to regulate cannabis industry
Morocco Makes First Legal Cannabis Export Since Rule Change in 2021
Czech Republic Will Pursue Full Adult-Use Commercial Cannabis Market
Germany approves first ‘cultivation social club’ for cannabis