--- title: CRB Monitor | Weekly Update | June 4 - 10, 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 | June 4 - 10, 2022 ##### Published on June 16, 2022 # Week of June 4 - 10, 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 (June 4 - 10, 2022): 59,759 1A MRBs + 3,392 1B MRBs = 63,151 total ### 1A MRBs *![g1-61022](https://www.crbmonitor.com/hs-fs/hubfs/g1-61022.png?width=1082&name=g1-61022.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  *![g2-61022](https://www.crbmonitor.com/hs-fs/hubfs/g2-61022.png?width=1070&name=g2-61022.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 *![g3-61022](https://www.crbmonitor.com/hs-fs/hubfs/g3-61022.png?width=1084&name=g3-61022.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded. * ### Beneficial Owners Count *![g4-61022](https://www.crbmonitor.com/hs-fs/hubfs/g4-61022.png?width=1028&name=g4-61022.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 - [Tuatara Capital Acquisition : Springbig and Tuatara Capital Acquisition Corporation Announce Voting Results of Special Meeting to Approve Business Combination](https://www.marketscreener.com/quote/stock/TUATARA-CAPITAL-ACQUISITI-120993571/news/Tuatara-Capital-Acquisition-Springbig-and-Tuatara-Capital-Acquisition-Corporation-Announce-Voting-40691542/) - [Leviathan (CSE: EPIC) Announces Acquisition of Cannabis Technology Company](https://www.investorideas.com/news/2022/cannabis/06091CSE-EPIC.asp) Negative News - [Connecticut to fine illegal marijuana ‘gifting’ practice](https://mjbizdaily.com/connecticut-to-fine-illegal-marijuana-gifting-practice/) - [Detroit sued again over recreational marijuana licensing ordinance](https://mjbizdaily.com/detroit-sued-again-over-recreational-marijuana-licensing-ordinance/) Licensing-Related - [Vermont licenses 2 cannabis testing labs ahead of adult-use sales launch](https://mjbizdaily.com/vermont-licenses-2-cannabis-testing-labs-ahead-of-adult-use-sales-launch/) - [Vermont Licenses 7 More Adult-Use Cannabis Businesses](https://www.cannabisbusinesstimes.com/article/vermont-issues-7-more-adult-use-cannabis-businesses/) - [Traverse City to Provide Cannabis License Applications For Up to 24 Dispensaries](https://www.cannabisbusinesstimes.com/article/traverse-city-michigan-cannabis-retail-dispensary-license-applications-scoring/) - [Louisiana Lawmakers Pass Medical Cannabis Expansion Bill](https://www.cannabisbusinesstimes.com/article/louisiana-medical-cannabis-expansion-bill-patient-count-more-dispensaries/) - [Louisiana lawmakers agree to expand medical marijuana dispensaries](https://mjbizdaily.com/louisiana-lawmakers-agree-to-expand-medical-marijuana-dispensaries/) - [Mississippi starts medical cannabis licensing; sales to begin by year-end](https://mjbizdaily.com/mississippi-starts-medical-cannabis-licensing-sales-to-begin-by-year-end/) Other - [Marijuana tech firm Dutchie lays off 67 employees, citing ‘dramatic market shift’](https://mjbizdaily.com/marijuana-tech-firm-dutchie-lays-off-67-employees/) - [As New York develops adult-use marijuana rules, equity concerns emerge](https://mjbizdaily.com/as-new-york-develops-adult-use-marijuana-rules-social-equity-concerns-emerge/) - [Iowa’s first medical marijuana licensee unveils new name, expansion plans](https://mjbizdaily.com/iowas-first-medical-marijuana-licensee-unveils-new-name-expansion-plans/) - [Most U.S. Border Patrol Checkpoint Drug Seizures Target Americans With Small Amounts Of Marijuana, Federal Report Reveals](https://www.marijuanamoment.net/most-u-s-border-patrol-checkpoint-drug-seizures-target-americans-with-small-amounts-of-marijuana-federal-report-reveals/) - [West Virginia Activists Are Collecting Signatures To Put Marijuana Decriminalization Measures On Local Ballots](https://www.marijuanamoment.net/west-virginia-activists-are-collecting-signatures-to-put-marijuana-decriminalization-measures-on-local-ballots/) - [Los Angeles Approves ‘Cannabis Emblem’ Program for Dispensaries](https://www.cannabisbusinesstimes.com/article/los-angeles-approves-cannabis-emblem-program-dispensaries/) - [Parallel Announces Opening of Third Surterra Wellness Dispensary in Miami to Meet the Community's Growing Demand](https://www.cannabisbusinesstimes.com/article/parallel-announces-opening-third-surterra-wellness-dispensary-in-miami/) - [NYC Mayor Adams vows to not be ‘heavy-handed’ on illicit weed sales: ‘Enjoy yourself, light up’](https://www.nydailynews.com/news/politics/new-york-elections-government/ny-nyc-mayor-eric-adams-cannabis-industry-legal-weed-cannabis-20220603-tgwkfhq765fqlmh6nf4j5pgwaa-story.html) - [BellRock Brands Announces Management Change](https://www.cannabisbusinesstimes.com/article/bellrock-brands-announces-management-change/) - [Hemp-Derived THC Could Soon be Allowed in Food and Beverage Products in Minnesota](https://www.cannabisbusinesstimes.com/article/minnesota-to-implement-reforms-hemp-dervied-thc-products/) - [Ayr Receives Final License to Sell Adult-Use Cannabis in Watertown, the Company's Second Approved Adult-Use Dispensary in Greater Boston](https://canoe.com/globe-newswire/ayr-receives-final-license-to-sell-adult-use-cannabis-in-watertown-the-companys-second-approved-adult-use-dispensary-in-greater-boston) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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