---
title: CRB Monitor | Weekly Update | November 9 - November 15, 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-111924.png
---
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# RESOURCES | Data Updates | Regulatory
CRB Monitor | Weekly Update | November 9 - November 15, 2024
##### Published on November 20, 2024
### CRB Monitor Database: Charting Growth
#### The Tier 1B growth story continues as companies that have a financial or controlling interest in plant-touching Tier 1A businesses climbed by another 233 the week of Nov. 9. There are now 15% more Tier 1B companies than last quarter and 21% more than last year. Tier 1A companies also grew by 63 in the last week.
#### Tier 1 Cannabis-Related Business Counts
Weekly Summary: 86,223 1A CRBs + 4,672 1B CRBs = 90,895 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.*
#### Litigation
[District of Columbia cannabis stores sue officials over enforcement efforts](https://mjbizdaily.com/district-of-columbia-cannabis-stores-sue-officials-over-enforcement-efforts/)
[Former Surterra Wellness executives sue Wrigley over overvalued stock payments](https://www.greenmarketreport.com/former-surterra-wellness-executives-sue-wrigley-over-overvalued-stock-payments/) [](https://app.crbmonitor.com/individuals/68738)
#### Legalization & Regulation
[Schedule III Delays Already Starting as Trump Nominates Gaetz](https://news.crbmonitor.com/2024/11/schedule-iii-delays-already-starting-as-trump-nominates-gaetz/)
[Mass. CCC Selects New Executive Director](https://news.crbmonitor.com/2024/11/mass-ccc-selects-new-executive-director/)
[California seized more than 150K pounds of illegal cannabis in 2024, agencies say](https://mjbizdaily.com/california-agencies-seized-150k-pounds-of-illegal-marijuana-in-2024/)
#### Licensing
[NY Opens Applications for New Branding License](https://news.crbmonitor.com/2024/11/ny-opens-applications-for-new-branding-license/)
[Vermont clears cultivation licensing backlog](https://www.greenmarketreport.com/vermont-clears-cultivation-licensing-backlog/)
#### Markets
[Ayr doubles down on Florida cannabis despite failed legalization](https://www.greenmarketreport.com/ayr-doubles-down-on-florida-cannabis-despite-failed-legalization/) [](https://app.crbmonitor.com/businesses/26039)
[Planet 13 cuts losses, grows balance sheet, largely thanks to Florida entrance](https://www.greenmarketreport.com/planet-13-cuts-losses-grows-balance-sheet-largely-thanks-to-florida-entrance/) [](https://app.crbmonitor.com/businesses/12512)
[South Dakota’s first non-tribal medical marijuana dispensary to close](https://mjbizdaily.com/south-dakota-first-non-tribal-medical-marijuana-dispensary-to-close/) [](https://app.crbmonitor.com/businesses/64441)
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