CRB Monitor Database: Charting Growth
Beneficial owners in the cannabis industry continues to grow, rising by 142 from the previous week and by 2,962, or 2.18%, since the previous quarter. Tier 1A cannabis-related businesses increased by 72 since last week and 2,466, or 2.95%, since last quarter.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 85,960 1A CRBs + 4,293 1B CRBs = 90,253 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
Arkansas Authorities Arrest 8 Former Greenlight Dispensary Cannabis Workers
Litigation
Court ruling deals blow to Michigan’s illicit cannabis market
Licensing
DE Draws Massive Application Pool for First License Lottery
New State License Type Coming to California
Vermont Halts Licensing Among Saturation Concerns
Arkansas Medical Marijuana Commission approves Speakeasy Dispensary relocation
Mergers & Acquisitions
Talaria Transportation acquires Missouri cannabis distributor
Dark Horse Cannabis Acquiring Greenlight Dispensary in Arkansas
Markets
Eaze delivery company will close by end of year, lay off 500 employees
Story Cannabis receives $41 million loan for its operations in Maryland