--- title: CRB Monitor | Weekly Update | January 14 - 20 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%202023.01.20.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 | January 14 - 20 ##### Published on January 26, 2023 # Week of January 14 - 20, 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 (January 14 - 20, 2023): 65,011 1A MRBs + 3,615 1B MRBs = 68,626 total ### 1A MRBs *![1A 2023.01.20](https://www.crbmonitor.com/hs-fs/hubfs/1A%202023.01.20.png?width=690&height=397&name=1A%202023.01.20.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 2023.01.20](https://www.crbmonitor.com/hs-fs/hubfs/1B%202023.01.20.png?width=681&height=367&name=1B%202023.01.20.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 *![Licenses 2023.01.20](https://www.crbmonitor.com/hs-fs/hubfs/Licenses%202023.01.20.png?width=690&height=482&name=Licenses%202023.01.20.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.* ### Beneficial Owners Count *![Owners 2023.01.20](https://www.crbmonitor.com/hs-fs/hubfs/Owners%202023.01.20.png?width=656&height=377&name=Owners%202023.01.20.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 - [Real estate company UC Asset to acquire Oklahoma cannabis property](https://mjbizdaily.com/real-estate-company-uc-asset-to-acquire-oklahoma-cannabis-property/) - [Casterra Announces Agreement with World Leading Energy Company to Cultivate its Castor Varieties at Commercial Scale](https://www.prnewswire.com/news-releases/casterra-announces-agreement-with-world-leading-energy-company-to-cultivate-its-castor-varieties-at-commercial-scale-301725775.html) - [Essence Investment Acquires AMP Alternative Medical Products GmbH](https://www.prnewswire.com/news-releases/essence-investment-acquires-amp-alternative-medical-products-gmbh-301723365.html) Negative News - [Former cannabis executive Justin Costello pleads guilty to securities fraud](https://mjbizdaily.com/former-cannabis-executive-justin-costello-pleads-guilty-to-securities-fraud/) - [NY's 1st Legal Pot Shop Sued Over Website Accessibility](https://www.law360.com/cannabis/articles/1566331) - [Ex-Calif. Mayor To Plead Guilty In Pot Bribery Scheme](https://www.law360.com/cannabis/articles/1565921) - [Ohio Pot Co. Turns To State High Court In License Dispute](https://www.law360.com/cannabis/articles/1566355) - [Jazz Pharma Unit Sues Over Cannabis Seizure Drug Patent](https://www.law360.com/articles/1565932/) Legalization & Regulation - [GOP New Hampshire Lawmaker Files Bill To Legalize Psychedelics Like LSD And Psilocybin](https://www.marijuanamoment.net/gop-new-hampshire-lawmaker-files-bill-to-legalize-psychedelics-like-lsd-and-psilocybin/) - [US Virgin Islands legalizes adult-use cannabis, but regulations unfinished](https://mjbizdaily.com/us-virgin-islands-legalizes-adult-use-cannabis-but-regulations-unfinished/) - [Trulieve tosses $5 million more toward Florida’s cannabis legalization effort](https://mjbizdaily.com/trulieve-tosses-5-million-more-toward-floridas-marijuana-legalization-effort/) - [New Jersey Regulators Propose Updated Rules for Cannabis Consumption Lounges](https://www.cannabisbusinesstimes.com/news/new-jersey-regulators-propose-updated-rules-cannabis-consumption-lounges/) - [SD Senate: Let legislators set medical-marijuana list](https://www.keloland.com/news/capitol-news-bureau/sd-senate-let-legislators-set-medical-marijuana-list/) - [Senate committee passes bill that would allow for wider use of medical cannabis](https://www.kotatv.com/2023/01/18/senate-committee-passes-bill-that-would-allow-wider-use-medical-cannabis/) Licensing Related - [DPS opens applications for more medical cannabis dispensaries in Texas](https://www.dallasnews.com/news/politics/2023/01/16/dps-opens-applications-for-more-medical-cannabis-dispensaries-in-texas/) - [Alabama commission provides timeline for medical cannabis](https://www.itemonline.com/cnhi_network/alabama-commission-provides-timeline-for-medical-cannabis/article_4e7b8a67-bb88-580c-845a-a9b8921db37d.html) - [Social Equity Retail License Application Window Opens Mar. 1, 2023](https://content.govdelivery.com/accounts/WALCB/bulletins/34390e4) - [Illinois Department of Agriculture Issues Next Round of Transporter Licenses](https://www.illinois.gov/news/press-release.25928.html) - [Illinois extends application window for marijuana social equity retail applicants](https://mjbizdaily.com/illinois-extends-application-window-for-marijuana-social-equity-retail-applicants/) Other - [How marijuana companies are building brand loyalty by selling seeds to consumers](https://mjbizdaily.com/how-cannabis-companies-are-building-brand-loyalty-by-selling-seeds-to-consumers/) - [North Dakota could raise monthly medical marijuana THC limits](https://mjbizdaily.com/north-dakota-could-raise-monthly-medical-marijuana-thc-limits/) - [Cass County man becomes 1st person jailed in Missouri to have marijuana-related conviction expunged](https://www.kshb.com/news/local-news/marijuana-in-missouri/adam-mace-becomes-1st-in-missouri-to-have-marijuana-related-case-expunged) - [Richard Nelson seeks the middle of the road to become Louisiana governor](https://lailluminator.com/2023/01/19/richard-nelson-seeks-the-middle-of-the-road-to-become-louisiana-governor/) - [Community Focus: RI Governor Dan McKee](https://www.wpri.com/news/local-news/community-focus/community-focus-ri-gov-dan-mckee/) - [Gov. Wes Moore frees $69M to fund direct investments in key policies](https://www.cbsnews.com/baltimore/news/wes-moore-executive-order-69-million-dollars-funding/) - [Increased Criminal Activity Against Marijuana Delivery Drivers](https://www.michigan.gov/cra/-/media/Project/Websites/cra/bulletin/4Tips-for-Licensees/Advisory-Bulletin---Delivery-Driver-Thefts---Final.pdf) - [Body and Mind Announces Fiscal Year End (July) 2022 Financial Results](https://www.prnewswire.com/news-releases/body-and-mind-announces-fiscal-year-end-july-2022-financial-results-301724722.html) - [Klutch Cannabis Announces Grand Opening of First Dispensary in Lorain, Ohio](https://www.prnewswire.com/news-releases/klutch-cannabis-announces-grand-opening-of-first-dispensary-in-lorain-ohio-301725124.html) - [Second adult-use cannabis store to open in New York](https://mjbizdaily.com/second-adult-use-cannabis-store-to-open-in-new-york/) - [Mississippi Health Department taps new medical marijuana program leadership](https://mississippitoday.org/2023/01/13/laura-goodson-medical-marijuana/) - [Planet 13 Announces Fourth Florida Dispensary](https://www.cannabisbusinesstimes.com/news/planet-13-announced-fourth-florida-dispensary-location/) - [Connecticut marijuana retailers report brisk adult-use sales in first week despite limited products](https://mjbizdaily.com/connecticut-marijuana-retailers-report-brisk-adult-use-sales-in-first-week/) - [Marijuana MSO Columbia Care shutters stores, reduces head count](https://mjbizdaily.com/marijuana-mso-columbia-care-shutters-stores-reduces-head-count/) - [Medical cannabis factory downsizing](https://www.theportugalnews.com/news/2023-01-15/medical-cannabis-factory-downsizing/73856) - [Data shows sales tax collections from Medical Marijuana rising](https://www.kjrh.com/news/local-news/data-shows-sales-tax-collections-from-medical-marijuana-rising) - [Arizona Recreational Marijuana Sales Hit New Monthly Record As Medical Cannabis Market Continues To Shrink](https://www.marijuanamoment.net/arizona-recreational-marijuana-sales-hit-new-monthly-record-as-medical-cannabis-market-continues-to-shrink/) - [Survey Finds 21% Of Dry January Participants Use Cannabis Instead Of Alcohol](https://www.forbes.com/sites/ajherrington/2023/01/16/survey-finds-21-of-dry-january-participants-use-cannabis-instead-of-alcohol/?sh=1ce9af8a42d2) - ['Better Growth Stock: Aurora Cannabis vs. Trulieve Cannabis](https://www.fool.com/investing/2023/01/16/better-growth-stock-aurora-cannabis-vs-trulieve-ca/) ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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