---
title: CRB Monitor | Weekly Update | November 23 - November 29, 2024
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-120324.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | November 23 - November 29, 2024
##### Published on December 4, 2024
### CRB Monitor Database: Charting Growth
#### Active licenses fell again the week of Nov. 23 to 50,579 , an 8% drop from the prior year. But while marijuana business licenses have been falling nearly every week for the last half-year, Tier 1 marijuana related businesses have been climbing. Tier 1A grew by 104 and Tier 1B increased by seven in the last week.
#### Tier 1 Cannabis-Related Business Counts
Weekly Summary: 86,347 1A CRBs + 4,684 1B CRBs = 91,031 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
[Cannabis Xpress settles pay-to-play allegations in Ontario for CA$100,000](https://mjbizdaily.com/cannabis-xpress-settles-pay-to-play-allegations-in-ontario-for-ca100000/) [](https://app.crbmonitor.com/businesses/46049)
[Colorado attorney general sues marijuana company for marketing its goods as hemp](https://www.greenmarketreport.com/colorado-attorney-general-sues-marijuana-company-for-marketing-its-goods-as-hemp/) [](https://app.crbmonitor.com/businesses/100104)
#### Legalization & Regulation
[Nebraska medical cannabis legalization signatures are valid, judge rules](https://mjbizdaily.com/nebraska-medical-cannabis-legalization-signatures-are-valid-judge-rules/)
#### Licensing
[New Draft Rules Target Michigan Debtors](https://news.crbmonitor.com/2024/12/new-draft-rules-target-michigan-debtors/)
[Hundreds of Provisional Licensees Give Up in CA This Year](https://news.crbmonitor.com/2024/12/hundreds-of-provisional-licensees-give-up-in-ca-this-year/)
[Kentucky Selects 36 Medical Retailers](https://news.crbmonitor.com/2024/11/kentucky-selects-36-medical-retailers/)
[Florida approves 22 applicants for medical marijuana dispensary licenses](https://mjbizdaily.com/florida-approves-22-medical-marijuana-dispensary-mmtc-licenses/)
[Rejected applicants sue Minnesota over marijuana social equity licensing process](https://mjbizdaily.com/rejected-applicants-sue-over-minnesota-marijuana-social-equity-licensing/)
#### Markets
[Marijuana company Cansortium secures $96.5M loan before RIV Capital merger](https://mjbizdaily.com/marijuana-company-cansortium-secures-96-5m-loan-before-riv-capital-merger/) [](https://app.crbmonitor.com/businesses/26140) [](https://app.crbmonitor.com/businesses/24381)
[Cannabis industry is apparent target of Everest Ransomware, security experts warn](https://mjbizdaily.com/cannabis-industry-apparent-target-of-everest-ransomware-security-experts/)
[Canopy Growth names Luc Mongeau as its next CEO](https://www.greenmarketreport.com/canopy-growth-names-luc-mongeau-as-its-next-ceo/) [](https://app.crbmonitor.com/businesses/96248)
[LeafLink buys online wholesale competitor Leaf Trade](https://www.greenmarketreport.com/leaflink-buys-online-wholesale-competitor-leaf-trade/)
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