CRB Monitor Database: Charting Growth
The number of beneficial cannabis-business owners has grown 2.5% in the last six months, from 133,357 to 136,637 this week. The gain was 1,412, or 1%, since last quarter. Total Tier 1 cannabis-related businesses increased by 2.8%, since last quarter and 10.9% since six months ago.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 84,405 1A CRBs + 4,273 1B CRBs = 88,678 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
Missouri cannabis regulators recall 23,000 marijuana products
Litigation
Marijuana retailer MedMen sued in New York for unpaid rent
Legalization & Regulation
NYC Sheriff Short on Illicit Shop Enforcement Details
Could Stability Come for Massachusetts Regulators?
Pennsylvania lawmakers introduce adult-use marijuana legalization bill
Licensing Related
‘Secretive’ Wyoming companies win Missouri marijuana social equity licenses
Markets
How Virginia can fix its regulated marijuana market
Cannabis MSO Green Thumb Industries announces share-buyback program
High Tide fine-tunes playbook as Canadian cannabis rivals struggle
Flora Growth inks deal to supply marijuana to German market
AYR Wellness CEO David Goubert Steps Down Effective Immediately
Martha’s Vineyard cannabis operator Fine Fettle poised for sale
International News
Japan updates CBD regulations, retains strict THC caps