---
title: CRB Monitor | Weekly Update | August 10 - August 16, 2024
description: Highlighting growth of Tier 1A and 1B CRBs (cannabis-related businesses), cannabis business licenses and beneficial owners, with industry news to note.
image: https://www.crbmonitor.com/hubfs/1A%20CRB-082024.png
---

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# RESOURCES | Data Updates | Regulatory

CRB Monitor | Weekly Update | August 10 - August 16, 2024

##### Published on August 21, 2024

### CRB Monitor Database: Charting Growth

#### Tier 1A cannabis-related businesses surpassed 84,000, adding 87 in the past week and 6,262 since the last quarter. Total cannabis business licenses and beneficial owners also continued steady growth, while Tier 1B CRBs have been relatively static for several weeks. 

#### Tier 1 Cannabis-Related Business Counts

Weekly Summary: 83,026 1A CRBs + 4,049 1B CRBs = 88,075 total

### 1A CRBs

*![1A CRB-082024](https://www.crbmonitor.com/hs-fs/hubfs/1A%20CRB-082024.png?width=468&height=281&name=1A%20CRB-082024.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 CRBs 

*![1B CRB-082024](https://www.crbmonitor.com/hs-fs/hubfs/1B%20CRB-082024.png?width=468&height=279&name=1B%20CRB-082024.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. *

### Cannabis Business Licenses

*![CBL-082024](https://www.crbmonitor.com/hs-fs/hubfs/CBL-082024.png?width=468&height=305&name=CBL-082024.png)  
Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.*

### Beneficial Owners Count

*![BOR-082024](https://www.crbmonitor.com/hs-fs/hubfs/BOR-082024.png?width=468&height=292&name=BOR-082024.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. 

*

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## Cannabis 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.*

#### Adverse Media

[California Recalls Glass House Farms Pre-Rolls for Aspergillus](https://cannabis.ca.gov/resources/cannabis-recalls-and-safety-notices/glass-house-farms-cannabis-flower-pre-rolls/) [![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/32731) [![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/67630)<https://app.crbmonitor.com/businesses/32490>  
[California judge rules against cannabis testing lab with revoked license](https://www.greenmarketreport.com/california-judge-rules-against-cannabis-testing-lab-with-revoked-license/) [![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/32945)  
[MI regulators publish monthly report on disciplinary actions taken against marijuana businesses](https://www.michigan.gov/cra/-/media/Project/Websites/cra/Disciplinary-Actions/2024/DAR---July-2024.pdf)   
[California seizes over 2.2 million illicit cannabis packages marked as legal](https://www.gov.ca.gov/2024/08/13/california-seizes-over-2-2-million-illicit-cannabis-packages-many-marketed-as-childrens-candy/)  
[Virginia Hemp Businesses Fined $12.4 Million Since July 2023, Including $1.6 Million Last Month](https://www.cannabisbusinesstimes.com/news/virginia-hemp-businesses-fined-millions-violations-new-restrictions-edible-hemp-dervied-products/)  
[Michigan Regulatory Agency Files Formal Complaint Against One Love Labs](https://www.michigan.gov/lara/news-releases/2024/08/16/cannabis-regulatory-agency-files-formal-complaint-against-one-love-labs) [![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/87382)  
[Canada expands hemp and marijuana recall, cites intoxicating cannabinoids](https://mjbizdaily.com/health-canada-expands-hemp-marijuana-product-recall/)

#### <https://content.govdelivery.com/accounts/NJCANNABIS/bulletins/3abc7e9><https://cannabis.ca.gov/resources/cannabis-recalls-and-safety-notices/thc-design-estate-grown-premium/><https://outlawreport.com/cease-and-desist-orders-given-to-4-unlicensed-d-c-dispensaries/><https://mailchi.mp/cannabis.ca.gov/consumer-advisory-voluntary-product-recall-bjuuy6io4w-17007217><https://cannabis.ca.gov/resources/cannabis-recalls-and-safety-notices/blem-cannabis-flower/>Litigation

<https://thedailyrecord.com/2023/11/22/md-supreme-court-declines-to-hear-washington-county-hemp-case/>[Cookies sued again – this time for not paying an advertising bill](https://www.greenmarketreport.com/cookies-sued-again-this-time-for-not-paying-an-advertising-bill/)   
[Judge Finds Flaws in New York City’s Cannabis Enforcement Efforts](https://www.nytimes.com/2024/08/15/nyregion/nyc-marijuana-enforcement.html)   
[Wyoming Hemp Cos. Bring Challenge To 10th Circuit](https://www.law360.com/cannabis/articles/1870001)  
[NY Cannabis Regulator Accused Of Racial Discrimination](https://www.law360.com/cannabis/articles/1869462)   
<https://www.law360.com/cannabis/articles/1690942?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-21&nlsidx=0&nlaidx=5>

#### Legalization & Regulation

<https://news.crbmonitor.com/2024/05/6-states-pass-hemp-laws-more-wait-in-the-wings/>[Three States May Legalize Adult-Use This November](https://news.crbmonitor.com/2024/08/three-states-may-legalize-adult-use-this-november/) [![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)  
[Absence of I-71 store closures pushes D.C.’s medical cannabis market towards “catastrophic failure”](https://outlawreport.com/absence-of-padlock-closures-for-i-71-stores-is-pushing-d-c-s-medical-cannabis-market-towards-catastrophic-failure/)

#### Licensing Related

<https://www.marijuanamoment.net/ohio-officials-will-begin-accepting-recreational-marijuana-sales-applications-this-week-but-the-market-wont-launch-immediately/>[Second Quarter 2024 Cannabis Business Licensing Activity](https://news.crbmonitor.com/2024/08/second-quarter-2024-cannabis-business-licensing-activity/)  
[Delaware Is Now Accepting Applications For State’s First Recreational Marijuana Licenses](https://www.marijuanamoment.net/delaware-officials-are-now-accepting-applications-for-states-first-recreational-marijuana-licenses-weeks-ahead-of-schedule/)  
<https://news.crbmonitor.com/2024/07/kentucky-waits-for-application-flood/>

#### Mergers & Acquisitions

[SNDL to Acquire Remaining Minority Interest of Nova Cannabis](https://www.prnewswire.com/news-releases/sndl-to-acquire-remaining-minority-interest-of-nova-cannabis-302220777.html) [![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/1712) [![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/17373)

#### Markets

<https://news.crbmonitor.com/2024/05/biotrack-and-mj-freeway-merging-under-alleaves/>[Cannabis-Related Securities Quarterly Update | Second Quarter 2024](https://news.crbmonitor.com/2024/08/cannabis-related-securities-quarterly-update-second-quarter-2024/)   
[Ohio marijuana retailers double sales after adult-use market launch](https://mjbizdaily.com/ohio-marijuana-retailers-double-sales-after-adult-use-market-launch/)  
[California hemp fight signals long-term struggle with marijuana](https://mjbizdaily.com/california-hemp-fight-signals-long-term-struggle-with-marijuana/)  
[Sunburn Cannabis gets new investment from Poseidon](https://www.greenmarketreport.com/sunburn-cannabis-gets-new-investment-from-poseidon/) [![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/64399)  
[Cannabis operator TerrAscend secures $140 million loan](https://mjbizdaily.com/cannabis-operator-terrascend-secures-140-million-loan/) [![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)  
[Maryland cannabis retailer’s employees unionize, citing poor working conditions](https://mjbizdaily.com/maryland-cannabis-retailers-employees-unionize-citing-poor-working-conditions/) [![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)  
[Teamsters unionize fourth Verano cannabis store in Illinois](https://mjbizdaily.com/teamsters-unionize-fourth-verano-cannabis-store-in-illinois/) [![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/12729)   
[David Klein retiring as CEO of Canadian cannabis operator Canopy Growth](https://mjbizdaily.com/david-klein-retiring-as-ceo-of-canadian-cannabis-operator-canopy-growth/) [![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/11598)  
<https://mjbizdaily.com/canadian-cannabis-operator-high-tide-secures-ca15-million-credit-line/>

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