--- title: CRB Monitor | Weekly Update | July 2 - July 8, 2022 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/g1-6322.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 | July 2 - July 8, 2022 ##### Published on July 14, 2022 # Week of July 2 - 8, 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 (July 2 - 8, 2022): 59,893 1A MRBs + 3,394 1B MRBs = 63,287 total ### 1A MRBs *![g1-7822](https://www.crbmonitor.com/hs-fs/hubfs/g1-7822.png?width=1082&name=g1-7822.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  *![g2-7822](https://www.crbmonitor.com/hs-fs/hubfs/g2-7822.png?width=1070&name=g2-7822.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 *![g3-7822](https://www.crbmonitor.com/hs-fs/hubfs/g3-7822.png?width=1084&name=g3-7822.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded. * ### Beneficial Owners Count *![g4-7822](https://www.crbmonitor.com/hs-fs/hubfs/g4-7822.png?width=1028&name=g4-7822.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 - [High Tide to Acquire Nine Operating Retail Cannabis Stores from Choom Holdings](https://www.cannabisbusinesstimes.com/article/high-tide-to-acquire-nine-retail-cannabis-stores-choom-holdings/) - [Columbia Care CEO set to net $100M-plus from Cresco cannabis merger](https://mjbizdaily.com/columbia-care-ceo-set-to-net-100m-plus-from-cresco-cannabis-merger/) - [The Parent Company, Curio Wellness Partner in Maryland](https://www.cannabisbusinesstimes.com/article/the-parent-company-curio-wellness-maryland/) Negative News - [Colorado marijuana testing lab’s potency certification is suspended](https://mjbizdaily.com/colorado-cannabis-testing-lab-rm3-potency-certification-suspended/) - [New York Marijuana Regulators Put 52 Unlicensed Retailers On Blast As State Prepares To Launch Adult-Use Market](https://www.marijuanamoment.net/new-york-marijuana-regulators-put-52-unlicensed-retailers-on-blast-as-state-prepares-to-launch-adult-use-market/) - [Michigan regulators posted a marijuana business disciplinary action report for June.](https://www.michigan.gov/cra/-/media/Project/Websites/cra/Disciplinary-Actions/2022/DAR-2022/June-Disciplinary-Action-Report.pdf) - [Delta-8 THC retailer sues Kansas over product seizures](https://mjbizdaily.com/delta-8-thc-retailer-sues-kansas-over-product-seizures/) Licensing-Related - [DOR is now accepting Medical Cannabis Dispensary Applications](https://www.dor.ms.gov/node/15398) - [14 hopeful cannabis processors keep NY sales timeline on track](https://spectrumlocalnews.com/nys/central-ny/politics/2022/07/05/14-cannabis-processor-applications-submitted-in-first-week) Legalization and Regulation - [North Carolina Governor Signs Hemp Bill Into Law as Medical Cannabis Legislation Languishes in House](https://www.cannabisbusinesstimes.com/article/north-carolina-governor-signs-hemp-bill-into-law-medical-cannabis-legislation-languishes/) - [New Jersey Regulators Propose Permanent Rules for Adult-Use Cannabis Industry](https://www.cannabisbusinesstimes.com/article/new-jersey-regulators-propose-permanent-rules-adult-use-cannabis/) - [Florida regulators filed rules on fining and suspending medical cannabis laboratories.](https://www.flrules.org/Faw/FAWDocuments/FAWVOLUMEFOLDERS2022/48127/48127doc.pdf) - [Oklahoma group submits signatures for adult-use marijuana legalization](https://mjbizdaily.com/oklahoma-group-submits-signatures-for-adult-use-marijuana-legalization/) International - [Health minister: Germany taking safety-first approach to marijuana legalization](https://mjbizdaily.com/germany-taking-safety-first-approach-to-cannabis-legalization-health-minister-says/) Other - [Trulieve Announces Grand Opening of Hurricane, W.Va., Medical Dispensary](https://www.cannabisbusinesstimes.com/article/trulieve-new-dispensary-hurricane-west-virginia-opening/) - [Good Supply Brand Expands its Cannabis Portfolio in Québec](https://www.cannabisbusinesstimes.com/article/good-supply-brand-expands-its-cannabis-portfolio-in-quebec/) - [Auxly sells cannabis cultivation facility in Nova Scotia, yielding CA$6 million](https://mjbizdaily.com/auxly-sells-nova-scotia-cannabis-cultivation-facility-yielding-ca6-million/) - [‘Big Bang Theory’ actor wins court assistance to fight CBD scam](https://mjbizdaily.com/big-bang-theory-actor-wins-court-assistance-to-fight-cbd-scam/) - [Massachusetts marijuana retailer must repay employees $33,000 in tips](https://mjbizdaily.com/massachusetts-marijuana-retailers-must-repay-employees-33000-in-tips/) - [Where are Massachusetts’ adult use retailers?](https://grownin.com/2022/07/07/where-are-massachusetts-adult-use-retailers/) - [Washington State regulators approved rulemaking on replacing the term "marijuana" with "cannabis" and adopted rules on electronic transmission of documents for service and filing.](https://content.govdelivery.com/accounts/WALCB/bulletins/31f4e27) - [Appeals court rules against Nebraska medical cannabis backers](https://mjbizdaily.com/appeals-court-rules-against-nebraska-medical-cannabis-backers/) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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