---
title: CRB Monitor | Weekly Update | January 4 - January 10, 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-011425.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | January 4 - January 10, 2025
##### Published on January 15, 2025
### CRB Monitor Database: Charting Growth
#### Although total Tier 1 CRB records grew by 64 in the last week, total cannabis business licenses dropped by 328 with declines across the board. Beneficial owners, however, jumped by 229.
#### Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,369 1A CRBs + 4,750 1B CRBs = 93,119 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
[Sky Labs slapped with fifth lawsuit from Michigan cannabis regulators (subscription)](https://www.greenmarketreport.com/serial-rulebreaker-sky-labs-slapped-with-fifth-lawsuit-from-michigan-cannabis-regulators/) [](https://app.crbmonitor.com/businesses/36850)
[Receiver appointed for Red White & Bloom cannabis subsidiary in Michigan](https://mjbizdaily.com/receiver-appointed-for-red-white-and-bloom-michigan-cannabis-subsidiary-pharmaco/) [](https://app.crbmonitor.com/businesses/13400)
#### Litigation
[New York City marijuana social equity operators sue over proximity exemptions](https://mjbizdaily.com/new-york-city-marijuana-social-equity-operators-sue-over-proximity-exemptions/) [](https://app.crbmonitor.com/businesses/77646) [](https://app.crbmonitor.com/businesses/89739) [](https://app.crbmonitor.com/businesses/77172) [](https://app.crbmonitor.com/businesses/77026)
[Former employees of Cookies marijuana affiliate TRP allege gender bias in suit](https://mjbizdaily.com/former-employees-of-cookies-marijuana-affiliate-trp-allege-gender-bias-in-suit/)
[Judge nixes GTI plans to open medical cannabis stores at Circle Ks in Florida](https://mjbizdaily.com/judge-nixes-green-thumb-plans-to-open-cannabis-stores-at-florida-circle-k/) [](https://app.crbmonitor.com/businesses/12734)
#### Legalization & Regulation
[RI Proposes Adult-Use Licensing Regulations](https://news.crbmonitor.com/2025/01/ri-proposes-adult-use-licensing-regulations/)
[Minnesota to publish draft of recreational marijuana industry regulations (subscription)](https://app.crbmonitor.com/source-documents/83081)
#### Licensing
[Michigan Announces 103 Social Equity Licensees Will Share $1 Million through Grant Program](https://www.cannabisbusinesstimes.com/industry-headlines/news/15711814/ra-announces-103-social-equity-licensees-will-share-1-million-through-the-2025-social-equity-grant-program)
#### Mergers & Acquistions
[Agrify sells cannabis cultivation business for $7 million](https://mjbizdaily.com/agrify-sells-cannabis-cultivation-business-for-7-million/) [](https://app.crbmonitor.com/businesses/48500)
#### Markets
[New York Hits $1B in Sales](https://news.crbmonitor.com/2025/01/new-york-hits-1b-in-sales/) [Green Thumb Industries Partners With Chicago Music Venue to Bring THC Products to Concerts](https://www.cannabisbusinesstimes.com/dispensary/news/15711785/green-thumb-industries-partners-with-chicago-music-venue-to-bring-thc-products-to-concerts) [](https://app.crbmonitor.com/businesses/201)
[Verona Collective to Double Its Cannabis Dispensaries with New Locations in Oneida Territory](https://www.cannabisbusinesstimes.com/dispensary/news/15711639/verona-collective-to-double-its-existing-cannabis-dispensaries-with-new-locations-in-sherrill-and-chittenango) [](https://app.crbmonitor.com/businesses/74339)
[Klutch Cannabis to Rebrand Dispensaries, Launch Cookies Products in January 2025](https://www.cannabisbusinesstimes.com/industry-headlines/news/15711536/klutch-cannabis-to-rebrand-dispensaries-launch-cookies-products-in-january-2025) [](https://app.crbmonitor.com/businesses/99518)
[Cannabis dispensaries navigate operations as wildfires spread across Los Angeles](https://app.crbmonitor.com/source-documents/82972)
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