--- title: CRB Monitor | Weekly Update | September 14 - September 20, 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-092324.png --- [![CRB Monitor](https://www.crbmonitor.com/hubfs/Crbmonitor%20-%20December2019/Images/logo.svg "CRB Monitor")](https://www.crbmonitor.com/) Close ## Request More Info We'd love to hear from you! Let us know how we can help. # RESOURCES | Data Updates | Regulatory CRB Monitor | Weekly Update | September 14 - September 20, 2024 ##### Published on September 25, 2024 ### CRB Monitor Database: Charting Growth #### The number of beneficial cannabis-business owners has grown 2.5% in the last six months, from 133,357 to 136,637 this week. The gain was 1,412, or 1%, since last quarter. Total Tier 1 cannabis-related businesses increased by 2.8%, since last quarter and 10.9% since six months ago. #### Tier 1 Cannabis-Related Business Counts Weekly Summary: 84,405 1A CRBs + 4,273 1B CRBs = 88,678 total ### 1A CRBs *![1A CRB-092324](https://www.crbmonitor.com/hs-fs/hubfs/1A%20CRB-092324.png?width=468&height=281&name=1A%20CRB-092324.png) 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  *![1B-092324](https://www.crbmonitor.com/hs-fs/hubfs/1B-092324.png?width=468&height=279&name=1B-092324.png) 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 *![CBL-092324](https://www.crbmonitor.com/hs-fs/hubfs/CBL-092324.png?width=468&height=305&name=CBL-092324.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.* ### Beneficial Owners Count *![BOR-092324](https://www.crbmonitor.com/hs-fs/hubfs/BOR-092324.png?width=468&height=292&name=BOR-092324.png) 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 ![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png) indicate links to licensed business profiles in the CRB Monitor database.* #### Adverse Media [Missouri cannabis regulators recall 23,000 marijuana products](https://mjbizdaily.com/missouri-new-packaging-rules-coincide-with-marijuana-recalls/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/32985) #### Litigation [Marijuana retailer MedMen sued in New York for unpaid rent](https://mjbizdaily.com/marijuana-retailer-medmen-sued-in-new-york-for-unpaid-rent/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/60) #### Legalization & Regulation [NYC Sheriff Short on Illicit Shop Enforcement Details](https://news.crbmonitor.com/2024/09/nyc-sheriff-short-on-illicit-shop-enforcement-details/) [Could Stability Come for Massachusetts Regulators?](https://news.crbmonitor.com/2024/09/could-stability-come-for-massachusetts-regulators/) [Pennsylvania lawmakers introduce adult-use marijuana legalization bill](https://mjbizdaily.com/pennsylvania-lawmakers-introduce-adult-use-marijuana-legalization-bill/) #### Licensing Related [‘Secretive’ Wyoming companies win Missouri marijuana social equity licenses](https://mjbizdaily.com/wyoming-companies-win-missouri-marijuana-social-equity-licenses/) #### Markets [How Virginia can fix its regulated marijuana market](https://mjbizdaily.com/how-to-fix-virginias-hamstrung-medical-marijuana-market/) [Cannabis MSO Green Thumb Industries announces share-buyback program](https://mjbizdaily.com/cannabis-mso-green-thumb-industries-announces-share-buyback-program/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/11628) [High Tide fine-tunes playbook as Canadian cannabis rivals struggle](https://www.greenmarketreport.com/high-tide-fine-tunes-playbook-as-canadian-cannabis-rivals-struggle/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/26394) [Flora Growth inks deal to supply marijuana to German market](https://mjbizdaily.com/flora-growth-inks-deal-to-supply-marijuana-to-german-market/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/50583) [AYR Wellness CEO David Goubert Steps Down Effective Immediately](https://www.cannabisbusinesstimes.com/news/ayr-wellness-ceo-david-goubert-steps-down-effective-immediately/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/26039) [Martha’s Vineyard cannabis operator Fine Fettle poised for sale](https://mjbizdaily.com/marthas-vineyard-cannabis-operator-fine-fettle-poised-for-sale-black-harbor/) [![logo_color_markonly 20px](https://www.crbmonitor.com/hs-fs/hubfs/logo_color_markonly%2020px.png?width=20&height=17&name=logo_color_markonly%2020px.png)](https://app.crbmonitor.com/businesses/15288) #### International News [Japan updates CBD regulations, retains strict THC caps](https://mjbizdaily.com/japan-updates-cbd-regulations-retains-strict-thc-caps/)    ### Most Popular ### Subscribe For Updates ## 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