CRB Monitor Database: Charting Growth
Beneficial owners in the cannabis industry jumped another 228 from the previous week as Tier 1A cannabis-related businesses increased by 81. However, active business licenses fell by 15. Still, there's a 1.2% increase in active licenses compared to the previous quarter.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 86,040 1A CRBs + 4,294 1B CRBs = 90,334 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
K.U.S.H. Collective Shut Down, Products Embargoed
Massachusetts fines marijuana MSOs Ascend, Curaleaf a combined $165,000
Litigation
D.C. Licensees Sue Gifting Shops, Landlords
Judge rejects petition to pause California ban on intoxicating hemp products
California marijuana lab official fired for violations, not whistleblowing, state says
Legalization & Regulation
Delaware governor signs cannabis banking protection bill
Licensing
NY Awards First New Medical Licenses Since 2015
California gives Mendocino cannabis farmers a path to secure annual permits
Markets
Green Dragon warehouse sells for $11.4M as parent company Eaze preps shutdown
Trulieve Opening 153rd and 154th Florida Cannabis Dispensaries
Planet 13 Opening 28th Florida Cannabis Dispensary in Port Orange
MariMed Commences Cannabis Cultivation at Mt. Vernon Facility in Illinois
Higher Collective Opens Adult-Use Cannabis Shop in Bridgeport, Connecticut
International
MedCana Subsidiary in Colombia Enters Negotiations with Australian Firm