RESOURCES | Data Updates | Regulatory

CRB Monitor | Weekly Update | June 29 - July 5, 2024
Published on July 10, 2024

CRB Monitor Database: Charting Growth

Largely due to Missouri microbusiness licensing data coming in the week of June 29, Tier 1A cannabis-related businesses increased by more than 1,100 and pre-licenses jumped by 1,534. However, active businesses fell for the sixth straight week, losing another 64.

Tier 1 Cannabis-Related Business Counts

Weekly Summary: 83,406 1A CRBs + 4,041 1B CRBs = 87,447 total


1A CRB-070924
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 

1B CRB-070924
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. 

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Cannabis News of Note

A selection of relevant cannabis-related news. Items marked with logo_color_markonly 20px indicate links to licensed business profiles in the CRB Monitor database.

Adverse Media

Indiva’s Court-Approved Sale Process Begins, SNDL’s Stalking Horse Financing Approved logo_color_markonly 20px logo_color_markonly 20px
Cease and desist orders given to four unlicensed D.C. dispensaries logo_color_markonly 20px logo_color_markonly 20px logo_color_markonly 20px logo_color_markonly 20px
California recalls 5 West Coast Cure marijuana products, cites pesticides logo_color_markonly 20px


Eight More Iowa Companies Sue State Over Hemp-Derived Cannabinoids Law
Alabama judge extends hold on medical cannabis licensing logo_color_markonly 20px
Cannabis Social Equity Licensee Says Rapper Burned Him In Deal logo_color_markonly 20px logo_color_markonly 20px
Ron DeSantis’ Florida ‘Freedom Fund’ off to slow fundraising start

Legalization & Regulation

North Carolina Medical Cannabis Stalls
Federal Report Looks At Improving Marijuana And Hemp Testing
Chuck Schumer Op-Ed: The path to sensible marijuana policy
What tax deductions will be available to marijuana companies if 280E disappears?
Texas AG says low-THC medical cannabis products can be transported between approved locations
Nebraska Activists Turn In Signatures to Put Medical Marijuana Legalization on the November Ballot
Tennessee regulators filed emergency rules on hemp-derived products
Reps. Filler, Wilson introduce plan to modernize Michigan’s marijuana laws
CRS: Rescheduling Marijuana Would Let D.C. Finally Legalize Marijuana Sales, But There’s A Catch

Licensing Related

Washington cannabis lab accreditation transferred to the State Department of Agriculture
Nevada deems 60% of cannabis social equity lounge applicants ineligible


The Hemp Beverage Market Grows Despite Legal Challenges
4Front Ventures Announces Withdrawal of Brokered Offering and Appoints New Board Chair logo_color_markonly 20px
iAnthus Capital Holdings, Inc. shareholders elected board of directors members logo_color_markonly 20px
Some parts of California unaffected by cannabis sales slump
Minnesota-based cannabis MSO changes name – again logo_color_markonly 20px


Cannabis set to return to illegal drugs list after vote in Thailand


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