--- title: CRB Monitor | Weekly Update | August 20 - 26 description: Highlighting growth of Tier 1A and 1B MRBs (marijuana-related businesses), marijuana business licenses, and beneficial owners with industry news to note. image: https://www.crbmonitor.com/hubfs/g1-82622.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 | August 20 - 26 ##### Published on August 31, 2022 # Week of August 20 - 26, 2022 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 (August 20 - 26, 2022): 61,297 1A MRBs + 3,461 1B MRBs = 64,758 total ### 1A MRBs *![g1-82622](https://www.crbmonitor.com/hs-fs/hubfs/g1-82622.png?width=1082&name=g1-82622.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 MRBs  *![g2-82622](https://www.crbmonitor.com/hs-fs/hubfs/g2-82622.png?width=1070&name=g2-82622.png) Tier 1B Defined: CRB Monitor tiers businesses that have a financial or controlling interest in a Tier 1A CRB as "Tier 1B." 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 *![g3-82622](https://www.crbmonitor.com/hs-fs/hubfs/g3-82622.png?width=1084&name=g3-82622.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded. * ### Beneficial Owners Count *![g4-82622](https://www.crbmonitor.com/hs-fs/hubfs/g4-82622.png?width=1026&name=g4-82622.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) ## News of Note *A selection of relevant cannabis-related news*. Mergers & Acquisitions - [Aurora Cannabis buys profitable vegetable firm for CA$45M, sells Sky greenhouse](https://mjbizdaily.com/aurora-cannabis-buying-vegetable-grower-for-ca45-million-sells-sky-greenhouse/) - [MedMen completes Florida cannabis exit for $16 million less than original deal](https://mjbizdaily.com/medmen-completes-florida-cannabis-exit-for-16-million-less-than-original-deal/) Negative News - [More lawsuits filed over Connecticut marijuana social equity licensing](https://mjbizdaily.com/more-lawsuits-filed-over-connecticut-marijuana-social-equity-licensing/) - [Curaleaf fined, Oregon license suspended in THC-CBD snafu](https://mjbizdaily.com/curaleaf-fined-oregon-license-suspended-in-thc-cbd-snafu/) - [Lawsuit aims to block adult-use marijuana initiative from Missouri ballot](https://mjbizdaily.com/lawsuit-aims-to-block-adult-use-marijuana-initiative-from-missouri-ballot/) - [California’s DCC Has Seized More Than $1 Billion in Illegal Cannabis](https://www.cannabisbusinesstimes.com/article/california-dcc-seized-more-1-billion-illegal-cannabis/) Licensing-Related - [Maridose Announces Federal License from the U.S. Department of Justice and Drug Enforcement Agency for Bulk Manufacture and Sale of Cannabis and Cannabis-Derived Products](https://www.prnewswire.com/news-releases/maridose-announces-federal-license-from-the-us-department-of-justice-and-drug-enforcement-agency-for-bulk-manufacture-and-sale-of-cannabis-and-cannabis-derived-products-301609001.html) Legalization and Regulation - [Medical marijuana legalization effort fails in Nebraska](https://mjbizdaily.com/medical-marijuana-legalization-effort-fails-in-nebraska/) International - [Costa Rica president unveils plan for recreational cannabis law](https://mjbizdaily.com/costa-rica-president-unveils-plan-for-recreational-cannabis-law/) - [United Kingdom CBD company Trip raises $12 million for expansion](https://mjbizdaily.com/united-kingdom-cbd-company-trip-raises-12-million-for-expansion/) Other - [Pennsylvania marijuana market in tumult amid falling prices, consolidation](https://mjbizdaily.com/pennsylvania-marijuana-market-in-tumult-amid-falling-prices-consolidation/) - [RIV Capital signs lease for marijuana facility in Buffalo, New York](https://mjbizdaily.com/riv-capital-signs-lease-for-marijuana-facility-in-buffalo-new-york/) - [Truss recalls 37,000 marijuana beverages over ‘pinhole leaks’](https://mjbizdaily.com/truss-recalls-37000-marijuana-beverages-over-pinhole-leaks/) - [MS medical marijuana sales may begin in 2022 with 100-plus firms, advocate says](https://mjbizdaily.com/mississippi-on-pace-to-launch-medical-marijuana-sales-with-100-plus-licensees/) - [Workers unionize at Verano marijuana dispensary in Illinois](https://mjbizdaily.com/workers-unionize-at-verano-marijuana-dispensary-in-illinois/) - [STIIIZY Ferndale Set to Open, Bringing Brand to Michigan](https://www.cannabisbusinesstimes.com/article/stiiizy-ferndale-michigan-set-to-open/) - [Jushi Holdings to Open Fairfax Dispensary in Virginia](https://www.cannabisbusinesstimes.com/article/jushi-open-fairfax-dispensary-virginia/) - [Grön Handcrafted Cannabis-Infused Edibles Debuts In Missouri](https://www.cannabisbusinesstimes.com/article/gron-handcrafted-cannabis-infused-edibles-debuts-missouri/) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. Request Demo ### CRB Monitor Cannabis Corporate Intelligence ### Contact Us [Info@CRBMonitor.com](mailto:Info@CRBMonitor.com) [844-672-3282](tel:844-672-3282) ###### [EVENTS & ENGAGEMENTS](https://www.crbmonitor.com/events-and-speaking-engagements) [CRB RISK TIERS](https://www.crbmonitor.com/resources/defining-cannabis-marijuana-related-business) [DIGITAL ASSETS](https://www.crbmonitor.com/digital-asset-related-businesses-and-securities) ###### [PRIVACY POLICY](https://www.crbmonitor.com/privacy-policy/) ### Pressroom - [LinkedIn ](https://www.linkedin.com/company/mrb-monitor) < !-- Google Tag Manager (noscript) --> ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "CRB Monitor", "url" : "https://www.crbmonitor.com/resources/author/crb-monitor" }, "dateModified" : "2022-08-31T17:51:47.549Z", "datePublished" : "2022-08-31T17:51:47.000Z", "headline" : "CRB Monitor | Weekly Update | August 20 - 26", "image" : [ "https://www.crbmonitor.com/hubfs/g1-82622.png" ], "mainEntityOfPage" : { "@id" : "https://www.crbmonitor.com/resources/weekly-market-update-2022-august-20-to-26", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.crbmonitor.com/hubfs/logo_color_full.png" }, "name" : "CRB Monitor" } } ```