CRB Monitor Database: Charting Growth
Largely due to Missouri microbusiness licensing data coming in the week of June 29, Tier 1A cannabis-related businesses increased by more than 1,100 and pre-licenses jumped by 1,534. However, active businesses fell for the sixth straight week, losing another 64.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 83,406 1A CRBs + 4,041 1B CRBs = 87,447 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
Indiva’s Court-Approved Sale Process Begins, SNDL’s Stalking Horse Financing Approved
Cease and desist orders given to four unlicensed D.C. dispensaries
California recalls 5 West Coast Cure marijuana products, cites pesticides
Litigation
Eight More Iowa Companies Sue State Over Hemp-Derived Cannabinoids Law
Alabama judge extends hold on medical cannabis licensing
Cannabis Social Equity Licensee Says Rapper Burned Him In Deal
Ron DeSantis’ Florida ‘Freedom Fund’ off to slow fundraising start
Legalization & Regulation
North Carolina Medical Cannabis Stalls
Federal Report Looks At Improving Marijuana And Hemp Testing
Chuck Schumer Op-Ed: The path to sensible marijuana policy
What tax deductions will be available to marijuana companies if 280E disappears?
Texas AG says low-THC medical cannabis products can be transported between approved locations
Nebraska Activists Turn In Signatures to Put Medical Marijuana Legalization on the November Ballot
Tennessee regulators filed emergency rules on hemp-derived products
Reps. Filler, Wilson introduce plan to modernize Michigan’s marijuana laws
CRS: Rescheduling Marijuana Would Let D.C. Finally Legalize Marijuana Sales, But There’s A Catch
Licensing Related
Washington cannabis lab accreditation transferred to the State Department of Agriculture
Nevada deems 60% of cannabis social equity lounge applicants ineligible
Markets
The Hemp Beverage Market Grows Despite Legal Challenges
4Front Ventures Announces Withdrawal of Brokered Offering and Appoints New Board Chair
iAnthus Capital Holdings, Inc. shareholders elected board of directors members
Some parts of California unaffected by cannabis sales slump
Minnesota-based cannabis MSO changes name – again
International
Cannabis set to return to illegal drugs list after vote in Thailand