---
title: CRB Monitor | Weekly Update | January 25 - January 31, 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-020425-1.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | January 25 - January 31, 2025
##### Published on February 5, 2025
### CRB Monitor Database: Charting Growth
#### Tier 1B cannabis-related business records jumped by 23.2% in the last year, while Tier 1A CRB records climbed 16.7%. Active licensed businesses, however, fell 5.5%, or by 2,988. Yet, there's still 5,169 approved/pending licenses waiting in the wings.
#### Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,503 1A CRBs + 4,837 1B CRBs = 93,340 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
[D.C. Regulators Shut Down 6 More Unlicensed Shops](https://news.crbmonitor.com/2025/02/d-c-regulators-shut-down-6-more-unlicensed-shops/) [](https://app.crbmonitor.com/businesses/102572) [](https://app.crbmonitor.com/businesses/102707) [](https://app.crbmonitor.com/businesses/99876)
[Michigan Grower Shut Down for Untracked Plants](https://news.crbmonitor.com/2025/01/michigan-grower-shut-down-for-untracked-plants/) [](https://app.crbmonitor.com/businesses/30390)
[Marijuana cultivator Bright Green to file for bankruptcy protection](https://mjbizdaily.com/marijuana-cultivator-bright-green-to-file-for-bankruptcy-protection/) [](https://app.crbmonitor.com/businesses/52351)
[Federal charges for massive illegal cannabis grow on Navajo Nation land](https://mjbizdaily.com/federal-charges-for-massive-illegal-cannabis-grow-on-navajo-nation-land/)
#### Litigation
[Appellate Court Affirms Virginia’s Total THC Limit](https://news.crbmonitor.com/2025/01/appellate-court-affirms-virginias-total-thc-limit/)
#### Legalization & Regulation
[Maine Governor Calls for More Medical Cannabis Regulation](https://news.crbmonitor.com/2025/02/maine-governor-calls-for-more-medical-cannabis-regulation/)
[Maryland lawmakers introduce restrictive bills for cannabis consumption lounges](https://mjbizdaily.com/maryland-lawmakers-introduce-restrictive-bills-for-cannabis-consumption-lounges/)
[South Dakota lawmaker moves to repeal state’s medical cannabis law](https://mjbizdaily.com/south-dakota-lawmaker-moves-to-repeal-states-medical-cannabis-law/)
[Key Colorado city aims to overturn voter-approved recreational marijuana](https://mjbizdaily.com/colorado-springs-aims-to-repeal-voter-approved-recreational-marijuana/)
[Ohio GOP lawmaker’s bill would upend voter-approved adult-use marijuana](https://mjbizdaily.com/ohio-bill-would-upend-voter-approved-adult-use-marijuana-program/)
[Indiana House Republicans Block Amendment to Remove Cannabis from State's Schedule I](https://www.cannabisbusinesstimes.com/us-states/indiana/news/15736030/indians-house-republicans-block-amendment-to-remove-cannabis-from-schedule-i)
#### Mergers & Acquisitions
[Body and Mind sells Illinois properties to Dutchess Cannabis (subscription)](https://www.greenmarketreport.com/body-and-mind-sells-illinois-properties-to-dutchess-cannabis/) [](https://app.crbmonitor.com/businesses/13146) [](https://app.crbmonitor.com/businesses/84683)
#### Markets
[BC Bud Co expands private placement to $1.5M](https://www.greenmarketreport.com/bc-bud-co-expands-private-placement-to-1-5m/) [](https://app.crbmonitor.com/businesses/73621)[Marijuana operator Ayr Wellness promotes George DeNardo to president](https://mjbizdaily.com/marijuana-operator-ayr-wellness-promotes-chief-operating-officer-george-denardo-to-president/) [](https://app.crbmonitor.com/businesses/26039)
[Sundie Seefried, CEO of Safe Harbor cannabis financial services firm, is retiring](https://mjbizdaily.com/sundie-seefried-ceo-of-safe-harbor-cannabis-financial-services-retiring/) [](https://app.crbmonitor.com/businesses/32072)
[Scotts Miracle-Gro to spin off marijuana arm Hawthorne into separate business](https://mjbizdaily.com/scotts-miracle-gro-to-spin-off-cannabis-arm-hawthorne-into-separate-business/) [](https://app.crbmonitor.com/businesses/55586)
[Prairie Cannabis Announces Grand Opening of Illinois Dispensary](https://www.cannabisbusinesstimes.com/dispensary/news/15736272/prairie-cannabis-announces-grand-opening-of-illinois-dispensary) [](https://app.crbmonitor.com/businesses/102450)
[Colorado awards $500,000 in grants to 17 social equity cannabis businesses (subscription)](https://www.greenmarketreport.com/colorado-awards-half-a-million-dollars-in-grants-to-17-social-equity-cannabis-businesses/)
[Innovative Industrial Properties Reports Resolution to Default by PharmaCann](https://www.cannabisbusinesstimes.com/finance/news/15736316/innovative-industrial-properties-reports-resolution-to-default-by-pharmacann) [](https://app.crbmonitor.com/businesses/24478) [](https://app.crbmonitor.com/businesses/331)
#### International
[Cannara Biotech keeps its successful run going with stellar first quarter results (subscription)](https://www.greenmarketreport.com/cannara-biotech-keeps-its-successful-run-going-with-stellar-first-quarter-results/) [](https://app.crbmonitor.com/businesses/40016)
[Aurora delivers its first medical cannabis crop in Germany](https://mjbizdaily.com/aurora-delivers-its-first-medical-marijuana-crop-in-germany/) [](https://app.crbmonitor.com/businesses/12227)
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