CRB Monitor Database: Charting Growth
For the first week of April 2025, total cannabis business licenses fell 2.3% since the last quarter but were still up 1.5% from last year. The decline reflects a consistent drop in active licenses throughout the year. In the last week, the industry shed 166 active licenses.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,973 1A CRBs + 4,933 1B CRBs = 93,906 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
Michigan marijuana processor surrenders permit, owners barred from industry
Gold Flora Files for Receivership, to Sell Off California Asset
Florida adult-use marijuana legalization sponsor accused of elections violations
Litigation
Planet 13 Follows the Money to Recover from El Capitan
Alabama Always sues to overturn entire cannabis licensing process (subscription)
Legalization & Regulation
Nebraska Medical Use Remains Uncertain
N.H. Senate committee kills marijuana bills, including rec legalization (subscription)
Marijuana consumption lounge bill introduced in Maine
Oklahoma Cannabis Advocates Submit 2026 Adult-Use Legalization Initiative
Pennsylvania’s medical market fears a state-store model for adult-use (subscription)
New York City cannabis chief Dasheeda Dawson abruptly resigns
Licensing
Vext sells off Kentucky medical marijuana processing permit (subscription)
Mergers & Acquisitions
Missouri’s BeLeaf Medical doubles retail footprint with acquisition deal (subscription)
Markets
Glass House Brands Branches Into Hemp
Organigram acquisition offers pathway into US hemp-derived THC market
Tilray Shifts Cultivation of Flagship Brand, Strain
AYR Wellness Appoints New Interim CEO
Planet 13 Opens 32nd Florida Dispensary in Orange Park
Verano Opens 6th Zen Leaf Dispensary in Connecticut, Targets UConn Students