CRB Monitor Database: Charting Growth
There wasn't much movement in cannabis business licensing the week of Oct. 18. Tier 1A cannabis-related business records increased by 58, while total licensing dropped by 54. Beneficial owner records added 93.
Tier 1 Cannabis-Related Business Counts
Weekly Summary: 93,943 1A CRBs + 5,048 1B CRBs = 98,991 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
New York moves to punish marijuana distributor at heart of inversion scheme
Ohio Product Recall 2025-06 Klutch Processing
Litigation
Curaleaf Denies Diversion Suspicions in Illinois
Marijuana MSO Curaleaf sues New Jersey to avoid ‘death penalty’
Lawsuit accuses Florida officials of elections tampering to defeat marijuana legalization
Legal battle begins over companies rejected for Florida medical marijuana licenses
Court Tosses Constitutional Challenge To Md. Pot Licensure
Legalization & Regulation
California Says $222M in Illegal Cannabis Seized and Destroyed During Q3
Texas Officials Adopt Rules To Expand Number Of Medical Marijuana Dispensaries In the State
Medical Cannabis Derived Funds in West Virginia Remain Unspent
Minnesota Gov. Signs Cannabis Compact with Prairie Island Indian Community
Ohio House Passes Bill to Remove Voter-Approved MJ Legalization Protections, Restrict Hemp
Licensing
Cannabis business licensing opens in Virgin Islands
Minnesota cannabis licenses resold like concert tickets
Oregon Cannabis: OLCC Licensing and Market Updates
Markets
Minnesota cannabis cultivation still well behind retail demand
MariMed to Expand Brand Distribution to New York
Curio Wellness Acquires 4 Greenlight Dispensaries in Missouri