CRB Monitor Database: Charting Growth
Total Tier 1 cannabis-related business records grew by 50, and beneficial owners increased by 124 during the week of Aug. 23. While active cannabis business licenses fell by 51, approved/pending licenses increased by 114.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 93,469 1A CRBs + 5,025 1B CRBs = 98,494 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.
Adverse Media
Michigan Shuts Down Two Labs, Bans Owners
Medical marijuana patient data exposed in major breach
Legalization & Regulation
Democratic Lawmakers File Bill To Federally Legalize Marijuana As Trump Weighs Rescheduling
When will Virginia finally launch adult-use cannabis sales?
Manitoba cannabis company calls for revisit of cannabis sales ban in two cities
OMMA: Greenleaf Labs Working with Customers to Retest Failed Product
Licensing
Texas Releases Rules for Expanding Medical Cannabis Dispensary Licenses
Parent and anti-cannabis groups urge federal action on D.C. dispensaries near schools
How to get a commercial grow or retail marijuana license in Colorado
RI Regulators Begin Screening Prospective License Applicants for Social Equity Status
Markets
CRB Monitor Securities Update | July 2025
Akanda Corp. Announces Reverse Stock Split and First Towers Acquisition
Canopy USA Welcomes Cannabis Veteran Eric Ruhle as VP of Brand Sales
Former FLUENT CEO Joins Chicago Atlantic as Partner, Head of Restructuring
OCS releases second Social Impact Report, highlighting progress and future plans
European Giant SANLight Brings LED Lighting Solutions to US Cannabis Cultivation
Tilray Brands Successfully Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
Special Report: The Downfall of Medical Cannabis in 17 Adult-Use Markets