---
title: CRB Monitor | Weekly Update | January 29 - February 2, 2024
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-012924.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | January 29 - February 2, 2024
##### Published on February 7, 2024
# Week of January 29 - February 2, 2024
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 (January 29 - February 2, 2024):
75,854 1A MRBs + 3,925 1B MRBs = 79,779 total
### 1A MRBs
*
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
*
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
*
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. Week of Jan. 13, duplicate owner records in Oklahoma were merged.
*
[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  indicate links to licensed business profiles in the CRB Monitor database.*
#### Adverse Media
#### [Judge increases penalty from $100K to $17M for Eaze consultant convicted of credit card fraud](https://www.sfgate.com/cannabis/article/calif-pot-consultant-ordered-pay-17-million-18642754.php) [](https://app.crbmonitor.com/businesses/11597) Litigation
[After Adult-Use Market Launch, Residency Challenge Comes to Maryland](https://news.crbmonitor.com/2024/02/after-adult-use-market-launch-residency-challenge-comes-to-maryland/) [](https://app.crbmonitor.com/individuals/114351)
[Court Denies Bid To Halt NY Cannabis Retail Licensure](https://www.law360.com/cannabis/articles/1793620) [](https://app.crbmonitor.com/businesses/87504) [](https://app.crbmonitor.com/businesses/87505)
[Cannabis Organization Tells 4th Circ. Hemp Wares Unlawful And Unsafe](https://www.law360.com/cannabis/articles/1793576)
[Pot Licensing Dustup Dropped From Federal Court For Now](https://www.law360.com/cannabis/articles/1792780) [](https://app.crbmonitor.com/businesses/14790)
[NY lawsuit claims Cookies broke exclusive marijuana licensing deal](https://mjbizdaily.com/ny-lawsuit-claims-cookies-broke-exclusive-marijuana-licensing-deal/) [](https://app.crbmonitor.com/businesses/74697) [](https://app.crbmonitor.com/businesses/86595) [](https://app.crbmonitor.com/individuals/81157)
[More legal challenges to New York marijuana licensing process](https://mjbizdaily.com/more-legal-challenges-to-new-york-marijuana-licensing-process/)
[Texas Attorney General Sues 5 Cities Over Cannabis Policies](https://www.cannabisbusinesstimes.com/news/texas-attorney-general-sues-5-cities-over-cannabis-policies/)
[Alabama Medical Cannabis Commission fights deposition demands, joins applicant’s appeal](https://yellowhammernews.com/alabama-medical-cannabis-commission-fights-back-against-deposition-demands-joins-applicants-appeal/)
[Medical Pot Firm Owes $1.5M In Lease Fees, Landlord Says](https://www.law360.com/cannabis/articles/1791354) [](https://app.crbmonitor.com/businesses/158)
[Pot Merchant Must Pay Partner $6.4M Over Ownership Spat](https://www.law360.com/cannabis/articles/1793329) [](https://app.crbmonitor.com/individuals/4043) [](https://app.crbmonitor.com/individuals/22864)
[Planet 13 sues Casa Verde for fraud in sprawling cannabis financial dispute](https://www.greenmarketreport.com/planet-13-sues-casa-verde-for-fraud-in-sprawling-cannabis-financial-dispute/) [](https://app.crbmonitor.com/businesses/12512) [](https://app.crbmonitor.com/businesses/68180)
#### Legalization & Regulation
[VA House Committee Passes Marijuana Sales Bill That Would Open Some Retail Stores In January](https://www.marijuanamoment.net/virginia-house-committee-passes-marijuana-sales-bill-that-would-open-some-retail-stores-in-january/?)
[A ‘loophole’ in Connecticut law has allowed THC seltzers to be sold in stores for months](https://www.ctinsider.com/cannabis/article/thc-seltzers-ct-law-cannabis-18616948.php)
[Kentucky lawmaker introduces long-shot marijuana legalization bill](https://mjbizdaily.com/kentucky-lawmaker-introduces-long-shot-marijuana-legalization-bill/)
[Delaware medical marijuana program expansion passes state House](https://mjbizdaily.com/delaware-medical-marijuana-program-expansion-passes-state-house/)
[Floridians struggling with illness decry the possibility of the state banning delta-8 hemp products](https://floridaphoenix.com/2024/01/29/floridians-struggling-with-illness-decry-the-possibility-of-the-state-banning-delta-8-hemp-products/)
[Hawaii AG’s Marijuana Legalization Bill Formally Lands In State Legislature](https://www.marijuanamoment.net/hawaii-ags-marijuana-legalization-bill-formally-lands-in-state-legislature-but-advocates-urge-major-revisions/?)
[Maine bill seeks to help those formerly convicted of weed crimes benefit from legalization](https://mainemorningstar.com/2024/01/30/talbot-ross-wants-to-help-those-formerly-convicted-of-weed-crimes-benefit-from-legalization/)
[California regulators posted a new form for cannabis surety bonds](https://marijuanamoment.us14.list-manage.com/track/click?u=2b103be7b5d7ad4abd40bfebc&id=26d5d2850a&e=581ba6a5a9)
[Illinois regulators posted revised cannabis rules](https://marijuanamoment.us14.list-manage.com/track/click?u=2b103be7b5d7ad4abd40bfebc&id=3a089f60f5&e=581ba6a5a9)
#### Licensing Related
[Ohio Releases Proposed Rules for Adult-Use Applications](https://news.crbmonitor.com/2024/02/ohio-releases-proposed-rules-for-adult-use-applications/)
[13 Counties Deemed to Be Underserved by Pennsylvania’s Medical Marijuana Program](https://www.health.pa.gov/topics/Documents/Programs/Medical%20Marijuana/MMAB%20Program%20Update%20Data%E2%80%94Jan%2024,%202024.pdf)
[Oregon regulators are launching a new marijuana licensing system on March 18](https://marijuanamoment.us14.list-manage.com/track/click?u=2b103be7b5d7ad4abd40bfebc&id=0b0cbcf1ff&e=581ba6a5a9)
[The social equity application period for retail stores in Washington D.C. opens Mar. 1](https://abca.dc.gov/node/1677371#gsc.tab=0)
[Oklahoma cannabis license numbers down by 27% since last year](https://mjbizdaily.com/oklahoma-cannabis-license-numbers-down-by-27-since-last-year/)
[Minnesota City Considers Opening The State’s First Government-Run Marijuana Store](https://www.marijuanamoment.net/minnesota-city-considers-opening-the-states-first-government-run-marijuana-store/?)
#### Markets
[First NBA And WNBA Teams To Partner With CBD Company Mynd Drinks](https://marijuanamoment.us14.list-manage.com/track/click?u=2b103be7b5d7ad4abd40bfebc&id=6ab84b800e&e=581ba6a5a9)
[Auxly Completes Amendment And Extension Of Auxly Leamington Credit Facility](https://www.prnewswire.com/news-releases/auxly-completes-amendment-and-extension-of-auxly-leamington-credit-facility-302050621.html) [](https://app.crbmonitor.com/businesses/11620)
[Akanda Corp. Announces Registered Direct Offering Priced At-the-Market Under Nasdaq Rules](https://www.newsfilecorp.com/release/196627/Akanda-Corp.-Announces-Registered-Direct-Offering-Priced-AttheMarket-Under-Nasdaq-Rules) [](https://app.crbmonitor.com/businesses/53744)
[Stash Ventures buys 11 stores from Michigan competitor](https://mjbizdaily.com/michigan-marijuana-company-buys-11-stores-from-in-state-competitor/) [](https://app.crbmonitor.com/businesses/25503)
[Marijuana multistate operator MedMen initiates more corporate layoffs](https://mjbizdaily.com/marijuana-multistate-operator-medmen-initiates-more-corporate-layoffs/) [](https://app.crbmonitor.com/businesses/11603)
[4Front Ventures Corp. Closes Transformational Senior Secured Debt to Equity Conversion](https://www.prnewswire.com/news-releases/4front-ventures-corp-closes-transformational-senior-secured-debt-to-equity-conversion-302049319.html) [](https://app.crbmonitor.com/businesses/17459)
[Aurora Cannabis Inc. intends to consolidate shares to restore compliance with Nasdaq rules](https://www.prnewswire.com/news-releases/aurora-cannabis-provides-business-update-and-announces-date-of-third-quarter-fiscal-year-2024-investor-conference-call-302048679.html) [](https://app.crbmonitor.com/businesses/12227)
#### International
[Germany’s Coalition Government Reaches Final Deal On Marijuana Legalization Bill](https://www.marijuanamoment.net/germanys-coalition-government-reaches-final-deal-on-marijuana-legalization-bill-with-vote-set-for-this-month/?)
[Israel’s new rules might spur growth in medical cannabis industry](https://mjbizdaily.com/new-rules-might-spur-growth-in-israel-medical-cannabis-industry/?utm_campaign=MJBizDaily&utm_medium=email&_hsmi=292770581&_hsenc=p2ANqtz-_OvYuOUXotwzUyfhMNeG93xm9s15v49A9EbUZzfs9WejhfCs_vvRkCLKXu2f5g9jY-QOeQc-qwm20qGozNN_0p0sbZrWAv-GiaF19IqXM5VdeVpm4&utm_content=292771915&utm_source=hs_email)
[Alberta cannabis retailers can now sell at special events](https://mjbizdaily.com/alberta-cannabis-retailers-can-now-sell-at-special-events/)
[Village Farms starts building cannabis facility for Netherlands pilot program](https://mjbizdaily.com/village-farms-starts-building-cannabis-facility-for-netherlands-pilot-program/) [](https://app.crbmonitor.com/businesses/24549)
[Organigram Completes First Shipment to Germany, Extending its International Reach](https://www.businesswire.com/news/home/20240131211876/en/Organigram-Completes-First-Shipment-to-Germany-Extending-its-International-Reach/) [](https://app.crbmonitor.com/businesses/13694)
[Malta's first legal cannabis club begins operating](https://timesofmalta.com/articles/view/malta-first-legal-cannabis-club-begins-operating.1080986)
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