CRB Monitor Database: Charting Growth
Active licenses took a steep decline during the week of Jan. 10, dropping 559. Approved/pending licenses also fell by 30. However pre-licenses increased by 91. Total Tier 1A cannabis-related business records grew by 213.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 94,635 1A CRBs + 5,109 1B CRBs = 99,744 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
In CA: Back Country Recalls Rescinded, Blazrade Voluntary Recall
Maryland dispensary Storehouse fined $10K following cannabis tracking violations
Litigation
Ice-T’s New Jersey marijuana store closes amid lawsuit, celebrity cannabis struggles
NLRB Attorneys Say Brooklyn Dispensary Stifled Union Organizing
Hemp Co. Accuses Rival Of Using Pot-Based THC, Not Hemp
Joint Cannabis Firms Settle Antitrust, 'Gun Jumping' Claims
Legalization & Regulation
Despite fraud allegations, campaign to end Massachusetts marijuana industry likely to proceed
D.C. reaches 100th illegal cannabis business closure under emergency enforcement law
Harrisburg Hearing Highlights Regulatory Vacuum in PA as Congress Acts on Intoxicating Hemp
Florida adult-use marijuana legalization support dips amid DeSantis’ ‘political war’
New Virginia Bill Would Legalize Recreational Marijuana Sales And Increase Possession Limit
Home Cultivation Of Marijuana Would Be Legalized In New Jersey Under Lawmakers’ Proposals
Senate Passes Bill To Continue Protecting Medical MJ States, Without Anti-Rescheduling Provisions
Bipartisan Senators Push to Delay Federal Hemp THC Product Ban
The HR compliance checklist every cannabis business needs in 2026
Hawaii Proposal Would Let Voters Decide Whether to Legalize Cannabis
NJ Governor Murphy Signs Landmark Cannabis Worker Protections Law
NJ Gov. Signs Bill Regulating Intoxicating Hemp Products
Which States Are Most Likely To Legalize Marijuana In 2026?
Markets
2025 Cannabis Market Review
Proposed Texas hemp THC regulations threaten $5.5 billion market
Safe Harbor Partners with Frontier Risk and AlphaRoot to Offer Insurance
Connecticut cannabis retailers sell record number of items amid price drop
Montana adult-use cannabis sales hit record $327 million
Georgia under pressure to expand low-THC medical cannabis in 2026
Verano Upsizes Revolving Credit Facility to $100M, Extends Maturity Date
Mergers & Acquisitions
Key Investment Partners Acquires BellRock Brands’ Portfolio, Including Top Names
International
Thai Prime Minister Anutin Shifts From Legalization to 'War on Cannabis'