---
title: CRB Monitor | Weekly Update | April 15 - 21, 2023
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/1A%20MRB-042123.png
---

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# RESOURCES | Data Updates | Regulatory

CRB Monitor | Weekly Update | April 15 - 21, 2023

##### Published on April 27, 2023

# Week of April 15 - April 21, 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 (April 15 - April 21, 2023):  

    67,798 1A MRBs + 3,657 1B MRBs = 71,455 total

### 1A MRBs

*![1A MRB-042123](https://www.crbmonitor.com/hs-fs/hubfs/1A%20MRB-042123.png?width=468&height=281&name=1A%20MRB-042123.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 

*![1B MRB-042123](https://www.crbmonitor.com/hs-fs/hubfs/1B%20MRB-042123.png?width=468&height=281&name=1B%20MRB-042123.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. *

### Marijuana Business Licenses

*![MBL-042123](https://www.crbmonitor.com/hs-fs/hubfs/MBL-042123.png?width=468&height=343&name=MBL-042123.png)  
Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.*

### Beneficial Owners Count

*![BOR-042123](https://www.crbmonitor.com/hs-fs/hubfs/BOR-042123.png?width=468&height=281&name=BOR-042123.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*. *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.*

#### Mergers & Acquisitions

#### [Schwazze buying Denver marijuana shop from Standing Akimbo for $10.5 million](https://mjbizdaily.com/schwazze-buying-denver-marijuana-shop-from-standing-akimbo-for-10-5-million/)  [![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/47494)[![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/5295) [Fire & Flower, Couche-Tard sign cannabis retail licensing deal for Canada, abroad](https://mjbizdaily.com/fire-flower-couche-tard-sign-cannabis-retail-licensing-deal-for-canada-abroad/)  [![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/26285)[![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/25980) <https://www.newswire.ca/news-releases/cansortium-announces-closing-of-us-3-million-private-placement-821844970.html>Adverse Media

[Health and Safety Advisory: Long Gone Farms LLC (dba Steel City Meds Medical Dispensary)](https://sbg.colorado.gov/sites/sbg/files/documents/230417_Long_Gone_Farms_HSA.pdf)  [![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/4735)  
[3 companies sue Alabama cannabis commission for licensing process](https://aldailynews.com/3-companies-sue-alabama-cannabis-commission-for-licensing-process/)  [![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/78043)  [![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/78071)  
[Trulieve legal settlement comes amid scrutiny of racial bias in cannabis industry](https://mjbizdaily.com/trulieve-legal-settlement-comes-amid-scrutiny-of-racial-bias-in-cannabis-industry/) [![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/511)  
[PharmaCann Virginia Loses Appeal Over Disputed Cannabis License](https://www.cannabisbusinesstimes.com/news/pharmacann-virginia-license-appeal-hsa-court/)  [![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/12632)  
[CEO of embattled Michigan marijuana company Skymint steps down](https://mjbizdaily.com/jeff-radway-steps-down-as-ceo-of-michigan-marijuana-company-skymint/)  [![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/12250)  
[Green Thumb cannabis store workers go on strike ahead of 4/20](https://mjbizdaily.com/green-thumb-cannabis-store-workers-set-to-strike-ahead-of-4-20/)  [![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)  
[Minnesota Board of Pharmacy says mold is in Wonky Weeds delta-9 syrup](https://mn.gov/boards/assets/4.21.23%20Press%20Release_tcm21-574307.pdf)  
[Nevada regulators warn of unapproved pesticides in Circle S Farms cannabis](https://ccb.nv.gov/ccb-issues-public-health-and-safety-bulletin-2023-02/)  [![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/8365)

#### Legalization & Regulation

[Bills to Regulate Adult-Use Marijuana in the Mid-Atlantic Sit on Governors’ Desks](https://www.crbmonitor.com/resources/bills-to-regulate-adult-use-marijuana-in-the-mid-atlantic-sit-on-governors-desks)   
<https://mjbizdaily.com/cannabis-producer-cronos-group-ends-year-with-168-7-million-loss/><https://mjbizdaily.com/virginia-lawmakers-approve-gov-youngkin-amendments-to-hemp-regulations/>[South Dakota adult-use marijuana initiative could pass in 2024, poll shows](https://mjbizdaily.com/south-dakota-adult-use-marijuana-initiative-could-pass-in-2024-poll-shows/)  
<https://mjbizdaily.com/virginia-lawmakers-approve-gov-youngkin-amendments-to-hemp-regulations/>[US House bill would would grant marijuana companies federal tax relief](https://mjbizdaily.com/us-house-bill-would-would-give-cannabis-companies-federal-tax-relief/)  
[Cannabis Regulators Association urges action on federal cannabis policy](https://www.cann-ra.org/news-events)<https://app.crbmonitor.com/businesses/11684>

#### Licensing Related

<https://www.orlandoweekly.com/cannabis/florida-legislation-would-admit-more-black-farmers-into-medical-cannabis-industry-33780587>[90 Alabama applicants advance to medical marijuana license review](https://mjbizdaily.com/90-alabama-applicants-advance-to-medical-marijuana-license-review/)   
[Ohio's Second Round of Dispensaries Slow to Open](https://www.greenmarketreport.com/ohios-second-round-of-dispensaries-slow-to-open/)  
[New York campaign highlights licensed marijuana retailers](https://mjbizdaily.com/new-york-campaign-highlights-licensed-marijuana-retailers/)  
<https://www.orlandoweekly.com/cannabis/florida-legislation-would-admit-more-black-farmers-into-medical-cannabis-industry-33780587>

#### International

[Citizens' initiative to legalise cannabis heads to Finnish Parliament after 4/20 peak](https://yle.fi/a/74-20028062)  
[As Canadian medical cannabis slump continues, survey says cost an issue](https://mjbizdaily.com/cost-a-factor-in-canadian-medical-cannabis-slump-survey-shows/)  
<https://unis.unvienna.org/unis/en/events/2023/incb_2022.html>

#### Other News

[Cannabis retailers extending 4/20 promotions from 1 day to up to a month](https://mjbizdaily.com/cannabis-retailers-extend-420-promotions-from-1-day-to-up-to-a-month/)  
[Cannabis sales software provider Dutchie goes down nationwide on 4/20](https://mjbizdaily.com/cannabis-sales-software-provider-dutchie-goes-down-nationwide-on-420/)  [![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/68173)  
[Missouri marijuana companies face product shortages, price hikes after adult-use launch](https://mjbizdaily.com/missouri-adult-use-cannabis-companies-face-product-shortages-price-hikes/)  
[Total monthly marijuana sales in Rhode Island reach $8.7 million](https://mjbizdaily.com/new-jersey-changes-course-renews-curaleafs-marijuana-business-licenses/)   
[USDA report: Hemp production value drops 71% in 2022](https://release.nass.usda.gov/reports/hempan23.pdf)

<https://mjbizdaily.com/alaska-ranks-highest-new-jersey-lowest-in-adult-use-marijuana-taxes/>

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