RESOURCES | Data Updates | Regulatory

CRB Monitor | Weekly Update | October 28 - November 3, 2023
Published on November 8, 2023

Week of October 28 - November 3, 2023

Do you love data and staying up to date with the latest cannabis-related headlines? Are you searching for industry news to inform your institution’s approach to cannabis risk and compliance? 

You've come to the right place.

Hashing Out the Truth

CRB Monitor’s database growth by the numbers.

Tier 1 Marijuana-Related Business Counts

Weekly Summary (October 28 - November 3, 2023):  

    75,230 1A MRBs + 3,852 1B MRBs = 79,082 total


1A MRB - 110623
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 MRBs 

1B MRB - 110623
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. 

Marijuana Business Licenses

MBL - 110623
Note: Inactive licenses, unlicensed, and unknown licenses have been excluded. For the week of Sept. 23, the jump in pre-licenses was due to micro-business applications in Missouri.

Beneficial Owners Count

BOR - 110623
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 >

News of Note

A selection of relevant cannabis-related news. Items marked with logo_color_markonly 20px indicate links to licensed business profiles in the CRB Monitor database.

Adverse Media

Washington State Orders Second Testing Lab Suspension  logo_color_markonly 20px
Cannabis MSO Ascend Wellness settles lawsuit with fired Black former manager  logo_color_markonly 20px
Nevada Regulators Suspend The Hempire Company’s Licenses  logo_color_markonly 20px
MedMen Announces Delay of Filing of Financial Statements  logo_color_markonly 20px
Denver Says Titan Health Products Contaminated with Spider Mites  logo_color_markonly 20px
Golden Roots fined, loses license for alleged BioTrack fraud in New Mexico  logo_color_markonly 20px


Illinois suit aims to block opening of social equity marijuana licensee’s store  logo_color_markonly 20px logo_color_markonly 20px
Federal judge denies attempt to block Virginia’s toughened hemp law
Hemp-derived cannabinoids aren’t controlled substances, GA court says 
Medical marijuana operator challenges $1M license fee hike  logo_color_markonly 20px
Hemp Co. Says Fla. Regulator Can't Block Out-Of-State Sales  logo_color_markonly 20px
Columbia Care Stiffed Exec After Fla. Expansion, Suit Says  logo_color_markonly 20px
Greenleaf Claims Pot Law Led To Bargaining Leverage Loss  logo_color_markonly 20px
Calif. Pot Biz Exec Exploited Equity License, Lawsuit Says  logo_color_markonly 20px
Employee says he was fired for reporting illegal activity at Trulieve cultivation facility  logo_color_markonly 20px

Legalization & Regulation

Cannabis Banking Compliance Challenges States, Too
New Medical Marijuana Laws Take Effect in Oklahoma
Hawaii state senator will push to license medical cannabis farms after federal raid
New FDA Documents Look Back On 50 Years Of Marijuana Research, Plans More Studies
Kentucky regulators filed hemp and medical cannabis rules
DEA Proposes Massive Increase in Delta-9 THC Production for Research
$170K worth of THC-laced candy and snacks seized from Eastern NC vape, tobacco stores
Connecticut Doubles the Adult Use Purchase Limit
PA House Committee Holds Marijuana Legalization Hearing, Considers State-Run Stores
Pennsylvania House Committee Approves Cultivator Sales Bill
House Committee Will Consider Lifting Cannabis Sales Ban in D.C.

Licensing Related

Startup or Scam? Bogus Cannabis Unions Not Just a California Concern
New Mexico Pursues Cannabis Retailers for Tax Violations
Chronic condition: NYC’s Greenwich Village flooded with legal pot shop applications
Missouri marijuana regulators extend waivers through November  
New York opens medical cannabis retail application window for MSOs
ABCA begins to wrangle D.C.’s wild west cannabis market 
Marijuana MSOs among 6 new consumption lounge licensees in Nevada logo_color_markonly 20px logo_color_markonly 20px logo_color_markonly 20px logo_color_markonly 20px logo_color_markonly 20px
Main Groff investor says DEA-licensed marijuana operator still open  logo_color_markonly 20px


Emerald Cup cancels 2023 Harvest Ball for cannabis cultivators
Report: Hemp-derived Cannabinoid Sales Outpace Legal Marijuana, Beer
Kansas City dispensary workers win union vote as Missouri’s marijuana industry grows 


Court Suspends Italy’s CBD Ban Until January 
Ireland's first medicinal cannabis clinic 'MEDICANN' is now open for patients
Canadian cannabis industry on track for record number of licensee exits


Most Popular

Subscribe For Updates

Explore how CRBMonitor can simplify your cannabis-related compliance challenges.