CRB Monitor Database: Charting Growth
Plant-touching cannabis-related businesses grew by 10.2% in the last six months, while Tier 1B CRBs grew by only 3.3%. However, active cannabis business licenses dropped by 5.2% in the last six months.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 83,609 1A CRBs + 4,048 1B CRBs = 87,657 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. Items marked with 
indicate links to licensed business profiles in the CRB Monitor database.
Adverse Media
Oregon Regulators Cancel Cultivator’s License
Missouri cannabis leader accused of using ‘predatory’ contracts to win social-equity licenses
CA Issues Mandatory Recall for Pre-Roll Product by The Bake Shop LA
NM Cookies Dispensary Fined Following Raucous Store Opening
PE Firm Ran $37M Ponzi-Like Cannabis Scheme, SEC Says
Cooperator In Eaze Bank Fraud Case Dodges Prison
Virginia levies $11 million in fines against over 300 retailers for illegal hemp goods
SEC Says Penny Stock CEO Lied About Cannabis Business Deal
Voluntary Recall of GC Global’s “Kush Creaturz” Flower Products in California
Litigation
Iowa Hemp THC Law Remains In Force As Injunction Bids Fail
Hemp Cos. Get Stay Of DEA Subpoenas Seeking Records
Wyoming Hemp Regulations Not Preempted By 2018 Farm Bill
10th Circ. Won't Undo $6.4M Award In Cannabis Biz Fight
Legalization & Regulation
Marijuana giant Trulieve pumps another $5M into pro-pot campaign
Under pressure from weed consumers, California regulators hustle to start testing for pesticides
BOLO: Cannabis PPP Loan Audits
Strong Majority Of Marijuana Rescheduling Comments Support Even Broader Reform
Minnesota regulators published guidance on hemp-derived cannabinoid products
Senators Vote To Preserve State Medical Marijuana Protections
Licensing Related
Border Patrol Seizures Continue in New Mexico
OMMA Downsizes Amid Enforcement Crackdown
Kentucky Waits for Application Flood
The exodus at NY’s Office of Cannabis Management continues
Missouri regulators award a second round of marijuana microbusiness licenses
State Sen. Merika Coleman: AMCC’s failure to provide medical cannabis is unacceptable
Minnesota opens applications for cannabis business social equity license pre-approval
Ohio Regulators Approve First Testing Lab For Operations
Ohio Marijuana Officials Send Guidance To Dispensaries Ahead Of Market Launch
Mergers & Acquisitions
LeafLink Acquires Leading Cannabis Banking Platform Dama Financial
Verano spending $105M to buy cannabis licenses in 2 markets from Cannabist Co.
Markets
Only One In Four Marijuana Businesses Are Profitable
D.C.’s legal medical marijuana industry could soon collapse, insider says
International
Thai’s prime minister changes his mind about outlawing marijuana