CRB Monitor Database: Charting Growth
Active licenses fell again the week of Nov. 23 to 50,579 , an 8% drop from the prior year. But while marijuana business licenses have been falling nearly every week for the last half-year, Tier 1 marijuana related businesses have been climbing. Tier 1A grew by 104 and Tier 1B increased by seven in the last week.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 86,347 1A CRBs + 4,684 1B CRBs = 91,031 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
Cannabis Xpress settles pay-to-play allegations in Ontario for CA$100,000
Colorado attorney general sues marijuana company for marketing its goods as hemp
Legalization & Regulation
Nebraska medical cannabis legalization signatures are valid, judge rules
Licensing
New Draft Rules Target Michigan Debtors
Hundreds of Provisional Licensees Give Up in CA This Year
Kentucky Selects 36 Medical Retailers
Florida approves 22 applicants for medical marijuana dispensary licenses
Rejected applicants sue Minnesota over marijuana social equity licensing process
Markets
Marijuana company Cansortium secures $96.5M loan before RIV Capital merger
Cannabis industry is apparent target of Everest Ransomware, security experts warn
Canopy Growth names Luc Mongeau as its next CEO
LeafLink buys online wholesale competitor Leaf Trade