CRB Monitor Database: Charting Growth
Active cannabis business licenses reversed its weeks-long fall by adding 93 the week of Nov. 30. Parallel to new active licenses, total Tier 1 cannabis-related businesses increased by 94. Beneficial owners also continued to climb, rising by 110.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 86,445 1A CRBs + 4,680 1B CRBs = 91,125 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
New York medical marijuana operators sue over ‘punitive’ adult-use licensing fee
Legalization & Regulation
Rescheduling Testimony Scheduled for January
Regulators eye plans for public social marijuana consumption in Mass.
Licensing
Minnesota Adult-Use Lottery Held Up In Appellate Court
Hundreds of Provisional Licensees Give Up in CA This Year
Hawaii medical marijuana caregiver program set to expire Dec. 31
Delaware lottery for adult-use marijuana retailer licenses set for Dec. 19
Mergers & Acquistions
Canadian cannabis operator Organigram acquires Motif Labs’ house of brands
Markets
Cannabis operator Rubicon borrows CA$10M in secured credit facilities
Cannabis Testing Lab Shopping Affecting Labs & Consumers
Colorado cannabis operator secures $500K loan for environmental upgrades
Klutch Cannabis to Bring Cookies’ Products to Ohio’s Adult-Use Market
PharmaCann to shutter LivWell cultivation facility in Michigan
The Cannabist Co., Flower by Edie Parker Launch Partnership in Virginia, Colorado
International
Denmark looking to turn medical marijuana pilot into permanent market