CRB Monitor Database: Charting Growth
Beneficial owner records jumped by 984 the week of Nov. 15. Active licenses fell another 92 for the week, but 10 additional licenses are pending. Total Tier 1 cannabis business records increased by 48.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 94,101 1A CRBs + 5,087 1B CRBs = 99,188 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.
Adverse Media
Marijuana powerhouse Cookies risks ‘insolvency’ after judgment
Voluntary Recall of Caviar Gold in Calif.
Maine OCP Expands Recall of NorCO Outdoor Cannabis Vape Cartridges
California Issues Voluntary Recall for Unlicensed Flower
Deadly Trump admin raid on California farm cost company $26 million
Legalization & Regulation
Hemp Industry, Pols Rally in Wake of Federal Hemp THC Ban
Florida judge deals blow to getting recreational marijuana on ballot
Ohio House Passes Compromise Hemp and Cannabis Legislation
Trump DOJ Declines to File Supreme Court Brief in Case Challenging Federal Prohibition
Litigation
Big marijuana operators sue New York state to halt inversion, launch track and trace
Marijuana operators not waiting for federal hemp ban to halt THCA sales
Trial opens in consultant’s $5 million injury lawsuit against St. Louis marijuana company
Licensing
Most Rhode Island Marijuana Social Equity License Applicants Have Been Disqualified
Shenandoah Valley medical marijuana permit likely stalled
Markets
CRB Monitor Securities Update | October 2025
New York celebrates 500th legal cannabis store as sales hit $1.4 billion
FLUENT Cannabis Opens Dispensary in Brandon, Fla.
Amplify Opens 4th Ohio Cannabis Dispensary
BC’s Direct delivery continues to grow in Q2 2025, as flower sales continue to cool