CRB Monitor Database: Charting Growth
Active cannabis business licenses for the second week of March were just one fewer than at the beginning of the year, but still a slight drop of 129 from the previous quarter (13 weeks ago). Total CBL for the week were down by 1,199, or about 2%, since the previous quarter.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,809 1A CRBs + 4,921 1B CRBs = 93,730 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.
Litigation
Florida judge dismisses Trulieve’s legalization defamation lawsuit
Bankrupt Revolutionary Clinics sues to get inventory returned (subscription)
Maryland Curaleaf employees allege tip violations by the MSO (subscription)
Green Leaf Dispensary sues LA parish in bid to allow new cannabis pharmacy (subscription)
Legalization & Regulation
Cannabis Business Investor Starts Job as Secretary of Labor
Idaho bill would eliminate voter approval for marijuana legalization
Kansas introduces bills to legalize medical and adult-use marijuana
Suspicions that DEA rigged rescheduling process fueled by court documents
California Department of Cannabis Control Announces Regulatory Reforms
Licensing
Alabama Appellate Court Ends Licensing TRO
Adult-Use Licensing Delayed in Delaware
Hundreds of Humboldt marijuana farmers expected to lose licenses over tax debt
Delaware recreational cannabis licensees push state to let them open for business
Mergers & Acquisitions
Pineapple Express to acquire Groovy Co. through stock trade deal (subscription)
Markets
Blueberries raises C$1 million to expand operations (subscription)
Cresco Labs plants flag in Kentucky market (subscription)
Incannex Healthcare announces $12.5 million offering (subscription)
California’s Glass House secures $50 million credit line
Cannabis vape companies worry Chinese tariffs will cause safety crisis
Tilray issues more shares to pay debt (subscription)
Green Thumb Opens 6th Ohio RISE Dispensary in Whitehall
International
Tilray Medical Introduces High-THC, High-Terpene Genetics to German Market
Health Canada eases cannabis industry burden in regulations update