--- title: CRB Monitor | Weekly Update | Aug 5 - Aug 11, 2023 description: Highlighting growth of Tier 1A and 1B MRBs (marijuana-related businesses), marijuana business licenses and beneficial owners, with industry news to note. image: https://www.crbmonitor.com/hubfs/1A%20MRB%20081423.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 | Data Updates | Regulatory CRB Monitor | Weekly Update | Aug 5 - Aug 11, 2023 ##### Published on August 16, 2023 # Week of August 5 - August 11, 2023 Do you love data and staying up to date with the latest cannabis-related headlines? Are you searching for industry news to inform your institution’s approach to cannabis risk and compliance?  You've come to the right place. ## Hashing Out the Truth CRB Monitor’s database growth by the numbers. ### Tier 1 Marijuana-Related Business Counts Weekly Summary (August 5 - August 11, 2023):       73,411 1A MRBs + 3,786 1B MRBs = 77,197 total ### 1A MRBs *![1A MRB 081423](https://www.crbmonitor.com/hs-fs/hubfs/1A%20MRB%20081423.png?width=468&height=281&name=1A%20MRB%20081423.png) 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 MRBs  *![1B MRB 081423](https://www.crbmonitor.com/hs-fs/hubfs/1B%20MRB%20081423.png?width=468&height=281&name=1B%20MRB%20081423.png) 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. * ### Marijuana Business Licenses *![MBL-081423-rev](https://www.crbmonitor.com/hs-fs/hubfs/MBL-081423-rev.png?width=468&height=343&name=MBL-081423-rev.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded. * ### Beneficial Owners Count *![BOR 081423](https://www.crbmonitor.com/hs-fs/hubfs/BOR%20081423.png?width=468&height=281&name=BOR%20081423.png) 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. * [Schedule Demo to See Full Database > ](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLJD1yIF1IrCC2%2B2U0eNWdHj6Sn9vXOR%2FbensQH28M8tEuLHksMU8Vi2EfB5Iij5cm8TYEvDap1UvVsxxnrsM7e8Qun%2BCHYY8f5zRaS%2FZssISKgwXZpl4fSQ5%2F8%2BP0HO4q%2F%2B4c8HWm9fTboTa%2BXBCqbwZ3NxsEvKa6gzqh2KX%2BBBAYg8a0tSzFGlpsZec0b6yMlxb6ymGT%2FjkmT49lwU9Mcwsw%3D%3D&portalId=6526999) ## News of Note *A selection of relevant cannabis-related news*. *Items marked with ![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png) indicate links to licensed business profiles in the CRB Monitor database.* #### Mergers & Acquisitions [Cannabis firm Tilray buying 8 Anheuser-Busch brands for $85M](https://mjbizdaily.com/cannabis-firm-tilray-buying-8-anheuser-busch-beverage-brands-for-85-million/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/11678) #### Adverse Media [Nirvana Center voluntarily recalls marijuana gummies in AZ due to possible salmonella](https://www.azdhs.gov/director/public-information-office/index.php#news-release-080723) [Trulieve Cannabis alleges ex-CFO wrongly expensed more than $350,000](https://mjbizdaily.com/trulieve-cannabis-alleges-ex-cfo-wrongly-expensed-more-than-350000/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/511) [LCB Finds Illegal Cannabis Activity at “Caveman Medicine” in Tacoma](https://content.govdelivery.com/accounts/WALCB/bulletins/36a462b)  #### Litigation [Montana marijuana ownership residency requirement latest to be challenged](https://mjbizdaily.com/lawsuits-challenge-montana-marijuana-ownership-residency-requirement/)  [New York Judge Halts Retail Marijuana Licensing After Military Veterans Sue](https://www.greenmarketreport.com/new-york-judge-halts-retail-marijuana-licensing-after-military-veterans-sue/) [Organigram’s Application for Judicial Review on Jolts Ingestible Extract Granted](https://www.businesswire.com/news/home/20230810958983/en/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/13694) [Appeals court backs ruling in case on third-party medical marijuana ordering](https://health.wusf.usf.edu/health-news-florida/2023-08-10/appeals-court-backs-ruling-in-case-on-third-party-medical-marijuana-ordering)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/55361) [Investors challenge MT's residency requirement to own, finance weed business](https://helenair.com/news/state-regional/government-politics/montana-marijuana-residency-requirement-cannabis-weed/article_dad35f50-3608-11ee-a7f2-a3d61c036230.html) #### Legalization & Regulation [Virginia hemp product retailers slapped with fines under new law](https://mjbizdaily.com/virginia-hemp-product-retailers-slapped-with-fines-under-new-law/)  [New Hampshire bans delta-8 THC, will study state run, adult-use sales](https://mjbizdaily.com/new-hampshire-bans-delta-8-thc-will-study-adult-use-marijuana-legalization/) [Delta 8, other hemp products pulled from Evansville, IN, shelves amid statewide crackdown](https://news.yahoo.com/delta-8-other-hemp-products-092123118.html) #### Licensing Related [State Audit Highlights CO Cannabis Enforcement Deficiencies](https://www.crbmonitor.com/resources/state-audit-highlights-co-cannabis-enforcement-deficiencies)  [24 companies picked to start Alabama’s medical marijuana industry](https://www.al.com/news/2023/08/24-companies-picked-to-start-alabamas-medical-marijuana-industry.html) [Missouri regulators received 1,601 applications for marijuana microbusiness licenses](https://www.stltoday.com/news/local/marijuana/entrepreneurs-flood-missouri-cannabis-regulators-with-microbusiness-applications/article_725b2ea4-3878-11ee-abff-1750c0cb6c5e.html) [DCR issues warning regarding potential microbusiness license scam](https://mogreenway.com/2023/08/08/dcr-issues-warning-regarding-potential-microbusiness-license-scam/) #### Markets [Trulieve on Track to Exit 2023 as ‘Leaner, Stronger’ Company, CEO Says](https://www.cannabisbusinesstimes.com/news/trulieve-financial-report-q2-2023/)  [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/511) [TerrAscend says Morgan Stanley, BNY Mellon lift custody ban on cannabis for TSE listing](https://www.marketwatch.com/story/terrascend-says-morgan-stanley-bny-mellon-lift-custody-ban-on-cannabis-for-toronto-stock-exchange-listing-f3261602) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/11623) [Three Northeastern States Set Monthly Marijuana Sales Records in July](https://www.marijuanamoment.net/three-northeastern-states-set-monthly-marijuana-sales-records-in-july/) [New York’s First Farmers Market Opens](https://www.marijuanamoment.net/new-yorks-first-marijuana-farmers-market-will-open-this-week-regulators-announce/) #### International [Quebec has limited plans for new cannabis stores under retail monopoly](https://mjbizdaily.com/quebec-has-limited-plans-for-new-cannabis-stores/) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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