CRB Monitor Database: Charting Growth
Active cannabis business licenses continued to fall, dropping by 103 to 51,295 this week. Total cannabis business licenses also declined to 67,173. However, Tier 1A cannabis-related businesses increased by 30, and Tier 1B added 13 businesses. Beneficial owners dropped by 56.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 83,300 1A CRBs + 4,039 1B CRBs = 86,339 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
Voluntary Recall for NOCO Farm Flower in Colorado
Alkemist Vape Cartridge Voluntarily Recalled in California for Pesticide
Kuma Flower Recalled in Colorado for Yeast and Mold
Litigation
Federal Court Dismisses Marijuana Companies’ Lawsuit Challenging Prohibition
Nationwide Certification Rejected In Suit Over Stolen Curaleaf Tips
Judge Won't Block Iowa Hemp Law Regulating THC Limits
Parallel settles New York lawsuit, but more litigation still looms
New York’s OCM distracted with over 20 lawsuits
NY Regulators Say Pot Companies' Bid Would Ruin Industry
SD State's Attorney Agrees Not To Enforce Hemp Law
Calif. Pot Co. Accused Of 'Lab Shopping' To Skirt Safety Rules
Legalization & Regulation
Louisiana bans THCA flower, sale of hemp products at gas stations
Delaware Senate Passes Bill To Let Medical Marijuana Dispensaries Begin Adult-Use Sales Early
IRS Says Cannabis Businesses Can’t Take Tax Deductions Until Rescheduling Is Finalized
Marijuana Rescheduling Won’t Affect Drug Testing For Truckers, Transportation Secretary Says
Calif. pot recalls surge following SFGATE investigation
GOP Congressional Panel Moves To Block Marijuana Rescheduling in Funding Bill
Licensing Related
Montana Considers Halting New Licenses Until 2027
MD to Hold Cannabis License Lotteries Following End of Litigation
Kentucky Launches Medical Marijuana Applications Six Months Early
Markets
NYC Launches Social Equity Cannabis Loan Fund as State Pauses Its Program
Pesticide scandal shakes confidence in California cannabis market
TYSON 2.0 Expands in Washington State Through Partnership with Perfect Harvest
Glass House Brands Inc. shareholders elected board members
Curaleaf Chair Talks About Global Cannabis Expansion
International
Cilo Cybin becomes first medical cannabis company to list in South Africa