CRB Monitor Database: Charting Growth
Total Tier 1 cannabis-related businesses grew by 2.5% since the previous quarter and 14% since last year. Total cannabis business licenses fell by 1.1% from the previous quarter, largely due to a 659 drop in pre-licenses, followed by 352 fewer active licenses. However, approved/pending licenses increased by 270.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 84,168 1A CRBs + 4,118 1B CRBs = 88,286 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. Items marked with 
indicate links to licensed business profiles in the CRB Monitor database.
Adverse Media
Alleged 'straw ownership' of Oklahoma marijuana operations leads to indictments
California Regulators Destroy Pesticide-Contaminated Hemp
Missouri marijuana regulators issue third product recall in August
CO Issues Health & Safety Advisory for Slow Burn Farms Pre-Rolls
Ohio adult-use retailers fined $212,000 for violating marketing rules
Litigation
Missouri hemp leaders file suit to halt governor’s ban on hemp THC products
'Smoking-Gun' Flaw Found In New Ark. Hemp Law, Say Cos.
Legalization & Regulation
Nebraska Voters Will Decide On Medical Marijuana Legalization At The Ballot This November
Missouri does the hokey pokey on hemp ban
Goldberg in difficult spot on O’Brien decision
More than 1,000 medical marijuana business applications flood Kentucky
Oregon Law Recriminalizing Simple Drug Possession Takes Effect On Sunday
Trump Supports Florida Marijuana Legalization, But Wants Lawmakers To Ban Public Smoking
Report: Legislative action needed to open bank access to marijuana-related businesses
NY regulators launch survey for cannabis businesses seeking to amend their license records
Missouri auditor writing “huge report” on cannabis program
Director Tilburg steps down from Maryland Cannabis Administration
CA Bills to Allow Marijuana Sales at Farmers Markets, Legalize Cannabis Cafes Go to Governor
Licensing Related
MI Continues Crackdown on Imported Hemp Derivatives
Mass. Sees a Jump in Inactive Licenses
CA Auditor: Lack Oversight, Inappropriate Expenditures Weaken the Local Licensing Grant Program
D.C. Issues First Lab Testing License, Now Requires Cannabis Products To Be Tested
Oklahoma medical marijuana industry calls out OMMA for licensing backlog
Mergers & Acquisitions
SNDL wins stalking-horse bid to buy cannabis edibles producer Indiva
RIV Capital Inc. approved a merger with Cansortium Inc.
Markets
Jushi Holdings Inc. Announces Filing of Canadian Preliminary Base Shelf Prospectus
Ascend Wellness becomes third cannabis company to jettison its CEO this month
Leafly Partners with Uber Eats to Deliver Cannabis in Alberta, Canada
Tokyo Smoke closing 29 locations