--- title: CRB Monitor | Weekly Update | August 19 - 25, 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-082823.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 | August 19 - 25, 2023 ##### Published on August 30, 2023 # Week of August 19 - August 25, 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 19 - August 25, 2023):       73,576 1A MRBs + 3,801 1B MRBs = 77,377 total ### 1A MRBs *![1A MRB-082823](https://www.crbmonitor.com/hs-fs/hubfs/1A%20MRB-082823.png?width=468&height=281&name=1A%20MRB-082823.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-082823](https://www.crbmonitor.com/hs-fs/hubfs/1B%20MRB-082823.png?width=468&height=281&name=1B%20MRB-082823.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-082823](https://www.crbmonitor.com/hs-fs/hubfs/MBL-082823.png?width=468&height=343&name=MBL-082823.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded. * ### Beneficial Owners Count *![BOR-082823](https://www.crbmonitor.com/hs-fs/hubfs/BOR-082823.png?width=468&height=281&name=BOR-082823.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 [Planet 13 Enters into Definitive Agreement to Acquire VidaCann in Florida](https://www.accesswire.com/777480/Planet-13-Enters-into-Definitive-Agreement-to-Acquire-VidaCann-Accelerating-Its-Florida-Expansion-Strategy)  [![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/12512) [![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/504) [TGOD Merger Boosts BZAM Q2 Revenues Amid Losses](https://www.greenmarketreport.com/tgod-merger-boosts-bzam-q2-revenues-amid-losses/)  [![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/13633) [Red White & Bloom Gets Green Light for Aleafia Acquisition](https://www.greenmarketreport.com/red-white-bloom-gets-green-light-for-aleafia-acquisition/)  [![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/26853) [![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/25979) [Greenlight is acquiring a dispensary in Las Vegas and a cultivation facility in W. Va.](https://www.prnewswire.com/news-releases/greenlight-continues-nationwide-expansion-and-issues-third-quarterly-dividend-to-shareholders-301905039.html) [StateHouse and Pelorus Ink Major Service Agreement for Humboldt Facilities](https://www.greenmarketreport.com/statehouse-and-pelorus-ink-major-service-agreement-for-humboldt-facilities/)  [![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/13646) [![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/66176) #### Adverse Media [Nasdaq warns cannabis tech firm Agrify of noncompliance again](https://mjbizdaily.com/nasdaq-warns-cannabis-tech-firm-agrify-of-noncompliance-again/)  [![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/48500) [PA Court Orders Dissolution Of Failed Medical Pot Co](https://www.law360.com/cannabis/articles/1715224?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-28&read_main=1&nlsidx=0&nlaidx=2)  [![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/487) [![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/40655) [SEC Sues Northern California Investment Firm with Ties to Cannabis](https://www.greenmarketreport.com/sec-sues-northern-california-investment-firm-with-ties-to-cannabis/)  #### Litigation [NY Judge Scorches Regulators Over CAURD Licenses](https://www.crbmonitor.com/resources/ny-judge-scorches-regulators-over-caurd-licenses) [Verano Holdings sues over lost medical marijuana license in Alabama](https://mjbizdaily.com/verano-holdings-sues-over-lost-medical-marijuana-license-in-alabama/) [![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/49381) [Colo. Pot Shops Say Tracking Co. Can't Shake Antitrust Claims](https://www.law360.com/cannabis/articles/1714257?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-25&read_main=1&nlsidx=0&nlaidx=2)  [![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/4907) [Cannabis Fintech Says FIS 'Catch And Kill' Destroyed Biz](https://www.law360.com/cannabis/articles/1714335?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-25&read_main=1&nlsidx=0&nlaidx=0) [Pot License Seekers Say Opposition Driven By Race Bias](https://www.law360.com/cannabis/articles/1713397?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-23&read_main=1&nlsidx=0&nlaidx=3)  [![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/51866) [Investors, Pot Scammer's Father Settle Ahead Of Trial's Close](https://www.law360.com/cannabis/articles/1714060?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-23&read_main=1&nlsidx=0&nlaidx=1)  [Tilray Gets Securities Suit Tossed On Reconsideration](https://www.law360.com/cannabis/articles/1713491?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-23&read_main=1&nlsidx=0&nlaidx=0)  [![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) [Chalice Receivership Update: Weak Market, Insiders Pounce](https://harrisbricken.com/cannalawblog/chalice-receivership-update-weak-market-insiders-pounce/)  [![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/12739) #### Legalization & Regulation [Industry Players Make Recommendations to Congress to Regulate Hemp-Derived Products](https://www.crbmonitor.com/resources/industry-players-make-recommendations-to-congress-to-regulate-hemp-derived-products)[Michigan marijuana regulators take too long to process complaints, audit shows](https://mjbizdaily.com/michigan-takes-too-long-to-process-marijuana-businesss-complaints/) [Oregon Cannabis Regulators Resume Underage Decoy Operation](https://www.oregon.gov/olcc/Docs/news/news_releases/2023/nr082523-MDO-Eastern-Oregon.pdf) [New Mexico taps Colorado industry insider as new top cannabis regulator](https://mjbizdaily.com/new-mexico-hires-todd-stevens-as-new-top-cannabis-regulator/) [FDA Chooses LightLab 3 Cannabis Analyzer to Enhance Consumer Safety, Regulate the Industry](https://www.cannabisbusinesstimes.com/news/fda-lightlab3-cannabis-analyzer-cbd-delta8/) [Ohio’s Cannabis Ballot Language Approved; Governor Opposes Measure](https://mjbizdaily.com/ohio-governor-opposes-adult-use-marijuana-ballot-measure/) [One By One, Delaware Beach Towns Move to Ban Cannabis Dispensaries](https://filtermag.org/delaware-beach-towns-cannabis-ban/) [Oregon Cannabis: CIAO Wins Round One on Aspergillus Testing Rule](https://harrisbricken.com/cannalawblog/oregon-cannabis-ciao-wins-round-one-on-aspergillus-testing-rule/) [Congressional Summary of FDA’s Oversight of Hemp-Derived Compounds](https://crsreports.congress.gov/product/pdf/IF/IF12477#:~:text=are%20hemp%2Dderived.”%20Although,marketed%20in%20violation%20of%20FDA%27s) [Missouri Cannabis Regulators Crack Down on 'Lab Shopping'](https://www.greenmarketreport.com/missouri-cannabis-regulators-crack-down-on-lab-shopping/) [State Official: MD is ‘Craftily’ Coding Marijuana Tax Revenue to ‘Protect’ Wells Fargo](https://www.marijuanamoment.net/maryland-is-craftily-coding-marijuana-tax-revenue-in-obscure-terms-to-protect-wells-fargo-tax-official-says/) [What's Notable In Connecticut's New Cannabis Laws](https://www.law360.com/cannabis/articles/1712699?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-08-23&read_main=1&nlsidx=0&nlaidx=6) #### Licensing Related [About 30 Companies Said to Have Signed Pro-Tech 33 LPAs](https://www.crbmonitor.com/resources/about-30-companies-said-to-have-signed-pro-tech-33-lpas) [Alabama medical cannabis license scores revealed](https://www.wsfa.com/2023/08/26/alabama-medical-cannabis-license-scores-revealed/) [3 more marijuana consumption lounges coming to Nevada](https://www.reviewjournal.com/news/politics-and-government/nevada/3-more-marijuana-consumption-lounges-coming-to-nevada-2892180/)  [![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/8375) [![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/73941) [![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/8391) #### Markets [Change at the top of cannabis producer Pure Sunfarms as Dosanjh departs](https://mjbizdaily.com/cannabis-producer-pure-sunfarms-president-dosanjh-steps-down/) [![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/12485) [NAIC Publishes Updated Cannabis Insurance White Paper](https://content.naic.org/article/naic-publishes-updated-cannabis-insurance-white-paper)  [S&P discontinues Canadian, international cannabis stock indices](https://mjbizdaily.com/standard-and-poors-discontinues-canadian-international-cannabis-stock-indices/) [Former CEO, Canadian prime minister exit board of marijuana MSO Acreage](https://mjbizdaily.com/former-ceo-canadian-prime-minister-exit-board-of-marijuana-mso-acreage/)  [![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/12781) #### International [Canadian cannabis companies back off from US hemp CBD market](https://mjbizdaily.com/canadian-cannabis-companies-back-off-from-us-hemp-cbd-market/) [Bahamas Gov’t Reveals Proposal to Legalize Marijuana for Medical, Religious and Scientific Use](https://www.marijuanamoment.net/bahamas-government-unveils-proposal-to-legalize-marijuana-for-medical-religious-and-scientific-use/) [Switzerland launches second cannabis pilot with support of Cannavigia software](https://cannabishealthnews.co.uk/2023/08/23/switzerland-launches-second-cannabis-pilot-with-support-of-cannavigia-software/) [Costa Rica marijuana legalization loses a battle, but not the war](https://qcostarica.com/marijuana-legalization-loses-a-battle-but-not-the-war/) [Japan: The Japanese Market for Hemp Seed and Hemp Seed Oil Products](https://www.fas.usda.gov/data/japan-japanese-market-hemp-seed-and-hemp-seed-oil-products) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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