CRB Monitor Database: Charting Growth
Although approved/pending licenses increased by five the week of Nov. 29, it won't make a dent in the 319 active licenses lost during the week. Total Tier 1 cannabis-related business records grew by 112, and beneficial owner records added 27.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 94,205 1A CRBs + 5,095 1B CRBs = 99,300 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
Maine Orders Recall of Cannabis Flower Products Due to Mold, Arsenic
Litigation
Nebraska Supreme Court hears argument to cancel medical marijuana legalization
Investors In Pot Co. Cronos Ask Court To OK $10M Settlement
Legalization & Regulation
Ohio Senate Expected To Vote On Bill Recriminalizing Some Marijuana Activity That Voters Legalized
How cannabis operators are preparing for federal marijuana reform
Intoxicating hemp ban deepens uncertainty at some publicly traded cannabis firms
Newly Revealed Biden Guidance Told Prosecutors To Be ‘Extremely Cautious’ About Cannabis Cases
New bipartisan bill would regulate intoxicating hemp products in Wisconsin
Missouri Lawmakers Pre-File Multiple Marijuana And Psychedelics Bills For 2026 Session
It’s ‘Unclear’ How Feds Will Enforce Hemp THC Product Ban, Congressional Researchers Say
Chicago Could Ban Hemp Products As Push Advances To Final Vote
Licensing
Texas Awards 9 New Conditional Licenses
The logistics crisis plaguing the Minnesota marijuana market launch
Markets
Curaleaf Moves Into Virginia’s Medical Market
Kentucky’s First Medical Marijuana Dispensary Will Open In ‘Next Couple Of Weeks,’ Governor Says
Are consumption lounges the ‘next frontier’ for legal cannabis?