---
title: CRB Monitor | Weekly Update | February 8 - February 14, 2025
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-021725.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | February 8 - February 14, 2025
##### Published on February 19, 2025
### CRB Monitor Database: Charting Growth
#### Cannabis business licenses dropped across the board the week of Feb. 8, with active licenses falling by another 160. Total licenses, including pre-licenses and approved/pending, are nearly 4% lower than six months ago. Total Tier 1A business records grew by 81.
#### Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,609 1A CRBs + 4,879 1B CRBs = 93,488 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.
*
[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)
## 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
[Navy Capital Winds Down Amid AML Enforcement](https://news.crbmonitor.com/2025/02/navy-capital-winds-down-amid-aml-enforcement/)
[Second Michigan cannabis recall in a month for contaminated vapes (subscription)](https://www.greenmarketreport.com/second-michigan-cannabis-recall-in-a-month-for-contaminated-vapes/) [](https://app.crbmonitor.com/businesses/27491)
#### Litigation
[White couple appeals dismissal of Rhode Island marijuana social equity lawsuit](https://mjbizdaily.com/white-couple-appeals-dismissal-of-rhode-island-marijuana-social-equity-lawsuit/)
[Tilray to pay C$30M to settle shareholder lawsuit over 2018 acquisitions (subscription)](https://www.greenmarketreport.com/tilray-to-pay-c30m-to-settle-shareholder-lawsuit-over-2018-acquisitions/) [](https://app.crbmonitor.com/businesses/11678)
[Massachusetts berry farm accused of destroying millions in cannabis crops (subscription)](https://www.greenmarketreport.com/massachusetts-berry-farm-accused-of-destroying-millions-in-cannabis-crops/) [](https://app.crbmonitor.com/businesses/49420)
#### Legalization & Regulation
[Trump’s DOL Nominee Invests in a Cannabis Company](https://news.crbmonitor.com/2025/02/trumps-dol-nominee-invests-in-a-cannabis-company/) [](https://app.crbmonitor.com/businesses/7824)
[5 States Looking to Legalize Adult Use This Year](https://news.crbmonitor.com/2025/02/5-states-looking-to-legalize-adult-use-this-year/)
[New Jersey proposal would weaken local control over recreational marijuana](https://mjbizdaily.com/new-jersey-proposal-would-weaken-local-control-over-recreational-marijuana/)
[Claims of marijuana testing lab fraud hit New York’s $1 billion adult-use market](https://mjbizdaily.com/claims-of-marijuana-testing-lab-fraud-hit-new-york-adult-use-market/)
[Michigan governor floats extra 32% adult-use cannabis tax to fund roads](https://mjbizdaily.com/michigan-governor-floats-extra-32-percent-adult-use-cannabis-tax/)
[Massachusetts renews cannabis tracking contract with Metrc](https://mjbizdaily.com/massachusetts-renews-cannabis-tracking-deal-with-metrc/)
#### Licensing
[Delaware’s Adult-Use Cannabis Market Moving Forward](https://www.cannabisbusinesstimes.com/us-states/delaware/news/15737147/delawares-adultuse-cannabis-market-moving-forward)
[New York approves more cannabis licenses despite injunction (subscription)](https://www.greenmarketreport.com/new-york-approves-more-cannabis-licenses-despite-injunction-pushes-ahead-with-zoning-changes/) [](https://app.crbmonitor.com/individuals/88386)
#### Mergers & Acquisitions
[MediPharm cancels $5.5 million sale of Ontario cannabis facility to Kensana](https://mjbizdaily.com/medipharm-labs-cancels-sale-of-ontario-cannabis-facility-to-kensana/) [](https://app.crbmonitor.com/businesses/12362) [](https://app.crbmonitor.com/businesses/102648)
#### Markets
[Tilray Brands Enhances Global Cannabis Supply Chain](https://www.cannabisbusinesstimes.com/international/news/15737015/tilray-brands-enhances-global-cannabis-supply-chain) [](https://app.crbmonitor.com/businesses/11678)
[Quebec cannabis retailer SQDC reports income of CA$40.5 million](https://mjbizdaily.com/quebec-cannabis-retailer-sqdc-reports-income-of-ca40-5-million/) [](https://app.crbmonitor.com/businesses/14001)
[Trulieve Opening 162nd Florida Medical Cannabis Dispensary](https://www.cannabisbusinesstimes.com/dispensary/news/15737139/trulieve-opening-162nd-florida-medical-cannabis-dispensary) [](https://app.crbmonitor.com/businesses/511)
[AYR Wellness Adds Dispensaries in Florida, Ohio to Retail Footprint](https://www.cannabisbusinesstimes.com/dispensary/news/15737247/ayr-wellness-adds-dispensaries-in-florida-ohio-to-retail-footprint) [](https://app.crbmonitor.com/businesses/26039)
[Planet 13 Continues to Grow the Iconoclast Universe](https://www.cannabisbusinesstimes.com/industry-headlines/news/15737249/planet-13-continues-to-grow-the-iconoclast-universe) [](https://app.crbmonitor.com/businesses/12512)
#### International
[Rubicon Organics Obtains Key Certification for International Export](https://www.cannabisbusinesstimes.com/industry-headlines/news/15737136/rubicon-organics-obtains-key-certification-for-international-export) [](https://app.crbmonitor.com/businesses/73620)
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