CRB Monitor Database: Charting Growth
Tier 1A cannabis-related businesses continued to climb, reaching 82,173 this week. But active licenses dropped by 12 to 51,549. Approved/pending and pre-licenses also fell by about 25 each.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 82,173 1A CRBs + 4,016 1B CRBs = 86,189 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
Former Mass. Town Official Arrested for Allegedly Defrauding Investors in His Cannabis Co.
CO Issues Warning About Ware Hause and South Platte Distributors Vaporizer Cartridges
Oklahoma Recalls Graves Farm Organics Medical Marijuana Products
Litigation
Trulieve Obtains Two Ohio Dispensaries in Court Settlement
Cannabis Co. Protests $4M Award, Asserting Arbitrator Error
Santa Barbara, CA, Gets Bulk Of Pot Farm Raid Suit Tossed Because Marijuana Is Federally Illegal
Cannabis Co. Stiiizy Wants Delta-8 Product Suit in Illinois Tossed
Legalization & Regulation
Republicans Add Cannabis Banking Protection to Federal Funding Bill
DeSantis Vetoes Hemp Ban Bill Amid Anti-Marijuana Legalization Push
Missouri cannabis regulators announce new Cannabis Regulation Collaborative
Lamont orders examination of Connecticut’s cannabis social equity council
Legislators make big changes to Louisiana’s cannabis industries
NH Conference Committee Strikes Deal On Marijuana Legalization Just Ahead Of Deadline
NY Cannabis Board Head Looks Ahead Following Critical Audit
The USDA seeks OMB permission to collect data on hemp production and disposition
California cannabis product recalls are on the rise
California hemp bill could bring ‘clarity,’ squash intoxicating derivatives
Gov. Hochul Announces New Leadership Appointments at the NY Office of Cannabis Management
Most Consumable HDC Products Would Be Banned Under Another GOP Committee’s New Bill
Licensing Related
Missouri regulators announce lottery results to award marijuana microbusiness licenses
Final D.C. medical cannabis dispensary licenses up for grabs starting in July
Markets
Most New York cannabis operators to save big without potency tax
North Carolina tribe could launch adult-use marijuana sales in 30-75 days
More cannabis distress in California as major producing county reports decline in taxes
Canopy Growth prepares to raise $250 million for marijuana investments
Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances
Canopy Growth Announces Exercise of Acreage Options Paving the Way for Acquisition
Indiva’s Loan with SNDL Is Extended as the Company Undergoes a Strategic Review
Evermore Cannabis Co. and Union Craft Brewing Unveil a Maryland-Made THC-Infused Seltzer
Trulieve Opens 200th Dispensary as World’s Largest Cannabis Retailer
Green Thumb CEO Releases Letter to Boston Beer Founder, Expressing Interest in Merger
International
German Lawmakers Approve Changes To Marijuana Legalization Law
Voters In Slovenia Approve Marijuana Ballot Measures