---
title: CRB Monitor | Weekly Update | March 1 - March 7, 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-031125.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | March 1 - March 7, 2025
##### Published on March 12, 2025
### CRB Monitor Database: Charting Growth
#### Tier 1A cannabis business records jumped by 124 the week of March 1, while Tier 1B records increased by 11, for a total 93,710 Tier 1 CRBs. Beneficial owner records grew by 105.
#### Tier 1 Cannabis-Related Business Counts
Weekly Summary: 88,790 1A CRBs + 4,920 1B CRBs = 93,710 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
[Licensed DC Shop Owner Faces Tax Evasion Charges](https://news.crbmonitor.com/2025/03/licensed-dc-shop-owner-faces-tax-evasion-charges/) [](https://app.crbmonitor.com/businesses/602)
[DC authorities shutter 25 unlicensed marijuana stores during crackdown](https://mjbizdaily.com/dc-authorities-close-25-unlicensed-marijuana-stores-during-crackdown/)
[Cannabis testing lab loses key ruling in dispute with Michigan regulators (subscription)](https://www.greenmarketreport.com/cannabis-testing-lab-loses-key-ruling-in-dispute-with-michigan-regulators/) [](https://app.crbmonitor.com/businesses/14809)
#### Litigation
[Cashless ATM Lawsuit Hits Trulieve](https://news.crbmonitor.com/2025/03/cashless-atm-lawsuit-hits-trulieve/) [](https://app.crbmonitor.com/businesses/511)
[Native Roots co-founder sues former marijuana business partner again](https://mjbizdaily.com/native-roots-co-founder-sues-former-marijuana-business-partner-again/) [](https://app.crbmonitor.com/individuals/86199) [](https://app.crbmonitor.com/individuals/12377)
[Planet 13 Recovers Additional $2.1 Million of Funds, $5 Million in Real Estate](https://www.cannabisbusinesstimes.com/industry-headlines/news/15738780/planet-13-recovers-additional-21-million-of-funds-5-million-in-real-estate) [](https://app.crbmonitor.com/businesses/12512)
[Alabama appeals court clears way for medical marijuana licensing to resume, for now (subscription)](https://www.greenmarketreport.com/alabama-appeals-court-clears-way-for-medical-marijuana-licensing-to-resume-for-now/)
#### Legalization & Regulation
[New York OCM Builds Unit to Tackle Market Cheaters](https://news.crbmonitor.com/2025/03/new-york-ocm-builds-unit-to-tackle-market-cheaters/)
[New Jersey governor proposes stiff marijuana tax hike, new hemp levy](https://mjbizdaily.com/new-jersey-governor-proposes-stiff-marijuana-tax-hike-new-hemp-levy/)
[Georgia Lawmakers Push to Expand State’s Medical Cannabis Program](https://www.cannabisbusinesstimes.com/us-states/georgia/news/15739113/georgia-lawmakers-push-to-expand-states-medical-cannabis-program)
#### Licensing
[Adult-Use Licensing Delayed in Delaware](https://news.crbmonitor.com/2025/03/adult-use-licensing-delayed-in-delaware/)
#### Mergers & Acquisitions
[MariMed closes $11 million acquisition of Delaware marijuana company](https://mjbizdaily.com/marimed-closes-acquisition-of-first-state-compassion-center-delaware-marijuana/) [](https://app.crbmonitor.com/businesses/24655) [](https://app.crbmonitor.com/businesses/526)
[MediPharm to sell British Columbia cannabis facility to Rubicon for $4.5M](https://mjbizdaily.com/medipharm-to-sell-british-columbia-cannabis-facility-to-rubicon-organics/) [](https://app.crbmonitor.com/businesses/12362) [](https://app.crbmonitor.com/businesses/46272)
#### Markets
[Legal California cannabis production increases by double digits, report says](https://mjbizdaily.com/legal-california-cannabis-production-grows-but-illicit-market-thrives/)
[Green Thumb CEO has dire outlook on federal marijuana reform prospects](https://mjbizdaily.com/green-thumb-ceo-ben-kovler-dire-outlook-on-federal-marijuana-reform/) [](https://app.crbmonitor.com/businesses/11628)
[Marijuana finance company Safe Harbor modifies debt to increase cash flow](https://mjbizdaily.com/marijuana-finance-company-safe-harbor-modifies-debt-to-increase-cash-flow/) [](https://app.crbmonitor.com/businesses/53835)
[Ayr Wellness is selling 4 marijuana stores in Illinois](https://mjbizdaily.com/ayr-wellness-is-selling-4-marijuana-stores-in-illinois/) [](https://app.crbmonitor.com/businesses/26039)
[Fresh Karma Opens 4th Missouri Dispensary in Columbia](https://www.cannabisbusinesstimes.com/us-states/missouri/news/15739134/fresh-karma-opens-4th-missouri-dispensary-in-columbia)
[Jushi Holdings posts mixed 2024 results, launches expansion plan (subscription)](https://www.greenmarketreport.com/jushi-holdings-posts-mixed-2024-results-launches-aggressive-dispensary-expansion-plan/) [](https://app.crbmonitor.com/businesses/16987)
[Cannabis producer Organigram closes final tranche of CA$124.6M funding](https://mjbizdaily.com/cannabis-producer-organigram-closes-final-tranche-of-ca124m-funding/) [](https://app.crbmonitor.com/businesses/13694)
[Cannabicity Opens NY Dispensary, Debuts Retail Advisory Service](https://www.cannabisbusinesstimes.com/us-states/new-york/news/15739389/cannabicity-opens-new-york-dispensary-debuts-retail-advisory-service-for-fellow-license-holders) [](https://app.crbmonitor.com/businesses/94345)
[The Cannabist Co. Achieves 70% Support For Agreement to Extend Senior Secured Notes](https://www.cannabisbusinesstimes.com/finance/news/15739325/the-cannabist-co-achieves-70-support-for-agreement-to-extend-senior-secured-notes-maturity-date) [](https://app.crbmonitor.com/businesses/25845)
[Michigan cannabis retailer looks to New Jersey amid price collapse (subscription)](https://www.greenmarketreport.com/michigan-cannabis-retailer-looks-to-new-jersey-amid-price-collapse/) [](https://app.crbmonitor.com/businesses/13371)
[TerrAscend plots to triple crowded New Jersey footprint (subscription)](https://www.greenmarketreport.com/terrascend-plots-to-triple-crowded-new-jersey-footprint/) [](https://app.crbmonitor.com/businesses/11623)
#### International
[Greek cannabis operator Curity Pharma secures cultivation license](https://mjbizdaily.com/greek-cannabis-operator-curity-pharma-secures-cultivation-license/)
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