--- title: Q3 CRB Monitor Newsletter description: A wrap up of CRB Monitor's third quarter which highlights the growth of the database, CRB Monitor's speaking events, blog updates, and news to note. image: https://www.crbmonitor.com/hubfs/Publication%20Logos/logo_color_full.png --- [![CRB Monitor](https://www.crbmonitor.com/hubfs/Crbmonitor%20-%20December2019/Images/logo.svg "CRB Monitor")](https://www.crbmonitor.com/) Close ## Request More Info We'd love to hear from you! Let us know how we can help. # RESOURCES | Content | Blog Posts Q3 CRB Monitor Newsletter ##### Published on October 30, 2020   # Happy fall and welcome to CRB Monitor's first-ever email newsletter!  Are you a data nerd? Enjoy keeping up with the latest cannabis headlines? Or on the lookout for industry events to improve your institution’s approach to cannabis risk and compliance?  **You’re in the right place. ** 2020 has been a whirlwind, and despite all the disruption — or perhaps due to it — there has been no shortage of cannabis-banking industry news to digest. We hope what follows will help you reflect and strategize for what’s next. --- ## Hashing Out the Truth CRB Monitor’s database growth by the numbers. ## Tier 1 Marijuana-Related Business Counts Q3 Summary: 38,381 1A MRBs + 2,230 1B MRBs = 40,611 total ## 1A MRB ![NewsLetter_Graphs_1A MRBs_r1](https://www.crbmonitor.com/hs-fs/hubfs/NewsLetter_Graphs_1A%20MRBs_r1.png?width=1735&name=NewsLetter_Graphs_1A%20MRBs_r1.png) ## 1B MRB ![NewsLetter_Graphs_1B MRB_r1](https://www.crbmonitor.com/hs-fs/hubfs/NewsLetter_Graphs_1B%20MRB_r1.png?width=1735&name=NewsLetter_Graphs_1B%20MRB_r1.png) ## Marijuana Business Licenses Count ![NewsLetter_Graphs_Business License Counts_r1-1-1](https://www.crbmonitor.com/hs-fs/hubfs/NewsLetter_Graphs_Business%20License%20Counts_r1-1-1.png?width=2646&name=NewsLetter_Graphs_Business%20License%20Counts_r1-1-1.png) ## Beneficial Owner Count ![NewsLetter_Graphs_Beneficial Owners Count_r1](https://www.crbmonitor.com/hs-fs/hubfs/NewsLetter_Graphs_Beneficial%20Owners%20Count_r1.png?width=1735&name=NewsLetter_Graphs_Beneficial%20Owners%20Count_r1.png) **STEVE'S TAKE - **Recent speaking events with Steven Kemmerling, CRB Monitor Founder and CEO. [**Banking MRBs: Blunt Talk on Managing AML/KYC Compliance**](https://www.crbmonitor.com/resources/refinitiv-webinar-series) CRB Monitor's Steve Kemmerling took part in the Risk Revealed [Webinar Series](https://solutions.refinitiv.com/BankingMRBs) hosted by Refinitiv, which brings together risk and compliance experts from across financial markets and corporates to discuss how data and technology solutions can help mitigate risk exposure to business. [**Let's Talk Cannabis: Data and Corporate Intelligence in Banking**](https://www.crbmonitor.com/resources/lets-talk-cannabis-data-and-corporate-intelligence-in-banking) Steven Kemmerling joined Burns & Levinson attorneys Scott Moskol and Katrina Skinner for a discussion on industry trends and insights into corporate intelligence for cannabis banking compliance. Listen to the recording [here.](https://www.youtube.com/watch?v=zJ5OOHVWPB4) --- **JUST THE FACTS - **The latest articles from CRB Monitor Blog [Why FinCen's Marijuana Banking Count is Too High](https://www.crbmonitor.com/resources/fincen-marijuana-banking-count-too-high) [The ABC's of CBD: Cannabis Cheat Sheet for Compliance Officers](https://www.crbmonitor.com/resources/cbd-legality-compliance-cheat-sheet) --- ## News of Note ## [FinCEN Files: Dirty Money Pours into World's Most Powerful Banks](https://www.buzzfeednews.com/article/jasonleopold/fincen-files-financial-scandal-criminal-networks) ## ["The Cannabis Industry Isn't UnBanked, It's Underbanked and Underserviced."](https://mogreenway.com/2020/09/25/as-it-turns-out-cash-isnt-king-surprising-findings-in-a-retail-payments-study/?utm_campaign=Newsletter&utm_medium=email&_hs) ## [(Meaningless?) Federal Vote on Marijuana Legalization Is on the Horizon](https://harrisbricken.com/cannalawblog/meaningless-federal-vote-on-marijuana-legalization-is-on-the-horizon/)   ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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