--- title: CRB Monitor | Weekly Update | June 3 - June 9, 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-060923.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 3 - June 9, 2023 ##### Published on June 14, 2023 #  Week of June 3 - June 9, 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 (June 3 - June 9, 2023):       72,133 1A MRBs + 3,677 1B MRBs = 75,810 total ### 1A MRBs *![1A MRB-060923](https://www.crbmonitor.com/hs-fs/hubfs/1A%20MRB-060923.png?width=468&height=281&name=1A%20MRB-060923.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-060923](https://www.crbmonitor.com/hs-fs/hubfs/1B%20MRB-060923.png?width=468&height=281&name=1B%20MRB-060923.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-060923](https://www.crbmonitor.com/hs-fs/hubfs/MBL-060923.png?width=468&height=343&name=MBL-060923.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.* ### Beneficial Owners Count *![BOR-060923](https://www.crbmonitor.com/hs-fs/hubfs/BOR-060923.png?width=468&height=281&name=BOR-060923.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.* #### Acquistion/Merger [TerrAscend to Acquire Maryland Dispensary for $22 Million](https://www.cannabisbusinesstimes.com/news/terrascend-mso-maryland-dispensary-acquisition/)  [![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/11623) [![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/12804) [Red White & Bloom to acquire distressed Canadian cannabis operator Aleafia](https://mjbizdaily.com/red-white-and-bloom-to-acquire-canadian-cannabis-operator-aleafia-health/)  [![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/26853) [![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/25979) [Gaby Just Says No to HempFusion Purchase](https://www.greenmarketreport.com/gaby-just-says-no-to-hempfusion-purchase/)  [![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/26302) [![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/47957) #### Adverse Media [PR Credit Co-op Sues Dispensary Operator Over Suspicious Electronic Transactions](https://www.crbmonitor.com/resources/pr-credit-co-op-sues-dispensary-operator-over-suspicious-electronic-transactions)  [![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/1613) [Trulieve to Abandon MA Amid Labor and Safety Scrutiny](https://www.crbmonitor.com/resources/trulieve-to-abandon-ma-amid-labor-and-safety-scrutiny)  [![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) [Michigan Judge Trims SEC Crowdfunding Fraud Claims](https://www.law360.com/cannabis/articles/1687142?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-12&nlsidx=0&nlaidx=5)  [![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/individuals/89420) [Culta Owner Sanctioned, Must Sell Shares To Pay Investor](https://www.law360.com/cannabis/articles/1687062?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-12&nlsidx=0&nlaidx=1)  [![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/12757) [NLRB Tells DC Circ. To Back Ruling That Curaleaf’s Firing Was Illegal](https://www.law360.com/cannabis/articles/1684810?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-06&nlsidx=0&nlaidx=3)  [![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/1001) [Asset Freeze Expanded In SEC's $60M Pot Ponzi Scheme Suit](https://www.law360.com/cannabis/articles/1687433?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-13&nlsidx=0&nlaidx=0)   #### Litigation [Shareholders Say Innovative Industrial Properties Didn't Fully Vet Troubled Tenants](https://www.law360.com/cannabis/articles/1685358?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-07&nlsidx=0&nlaidx=0) [![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/24478) [![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/72567) [![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/17002) [Pot Entrepreneur Settles Suit With Thrive Management Company Over Deal](https://www.law360.com/cannabis/articles/1684732?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-07&nlsidx=0&nlaidx=1) [![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/individuals/87824) [Union files more charges against marijuana MSO Green Thumb](https://mjbizdaily.com/union-files-more-charges-against-marijuana-mso-green-thumb/)[![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) [Lawsuit: Glass House Brands 'One of the Largest' Illicit Cannabis Dealers in California](https://www.greenmarketreport.com/glass-house-brands-one-of-the-largest-illicit-cannabis-dealers-in-california-lawsuit-claims/)  [![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/26533) [![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/3011) #### Legalization & Regulation [More states allow cannabis businesses to deduct expenses as fed bill tries again to stem 280E](https://www.crbmonitor.com/resources/more-states-allow-cannabis-businesses-to-deduct-expenses-as-fed-bill-tries-again-to-stem-280e) [Oregon to crack down on illegal pot growers by holding landowners responsible](https://apnews.com/article/oregon-marijuana-cannabis-illegal-legislature-trafficking-b255c993f4de440920ddd0edff20fda8) [Gov. Hochul Starts Interagency Enforcement Actions Against Unlicensed Cannabis Businesses](https://www.governor.ny.gov/news/governor-hochul-announces-start-state-interagency-enforcement-actions-against-unlicensed) [Lawmakers take steps to ban delta-8 products](https://newjerseymonitor.com/briefs/lawmakers-take-steps-to-ban-delta-8-products/) [Minnesota: Fall deadline set for low-potency hemp business registration](https://content.govdelivery.com/accounts/MNMDH/bulletins/35f020d)   [NV Lawmakers Send Cannabis Bill To Governor That Removes Industry Barriers](https://www.marijuanamoment.net/nevada-lawmakers-send-marijuana-omnibus-bill-to-governor-that-would-increase-possession-limits-and-remove-industry-barriers/) [WA regulators sent an update on pesticide testing at cannabis grow sites](https://content.govdelivery.com/accounts/WALCB/bulletins/35ed33a) [What's Next For Connecticut's Cannabis Legalization](https://www.law360.com/cannabis/articles/1682321?nl_pk=ad32bb7e-75bf-4cee-8fb6-e1d8486c0c25&utm_source=newsletter&utm_medium=email&utm_campaign=cannabis&utm_content=2023-06-09&nlsidx=0&nlaidx=0) [NY Senate Passes Bill To Let Cannabis Businesses In New York City Take Local Tax Deductions](https://www.marijuanamoment.net/new-york-senate-passes-bill-to-let-marijuana-businesses-in-new-york-city-take-local-tax-deductions-prohibited-under-federal-law/) [Alabama Needs Insurers to Light Up the Budding Medical Marijuana Market in the State](https://www.insurancejournal.com/magazines/mag-features/2023/06/05/723102.htm) [Minnesota Medical Cannabis Program Updates](https://content.govdelivery.com/accounts/MNMDH/bulletins/35dee53) [Nevada Gov. signed a bill requiring marijuana retailers to verify the ages of customers](https://www.reviewjournal.com/news/politics-and-government/lawmakers-introduce-familiar-budget-bill-2788326/) #### Licensing Related [Maryland offers funds to help medical marijuana operators move into adult use](https://mjbizdaily.com/maryland-offers-funds-to-medical-marijuana-operators-moving-to-adult-use/) [CO seeks higher marijuana licensing fees to bridge enforcement shortfall](https://mjbizdaily.com/colorado-seeks-higher-fees-for-marijuana-licensing/) [First Alabama Medical Marijuana Business Licenses Awarded By State Commission](https://www.marijuanamoment.net/first-alabama-medical-marijuana-business-licenses-awarded-by-state-commission/)  [San Francisco to pause taking new cannabis retail business applications](https://mjbizdaily.com/san-francisco-to-pause-taking-new-cannabis-retail-business-applications/) #### Markets [Rhode Island marijuana cultivators beg for more retail to combat oversupply](https://mjbizdaily.com/rhode-island-marijuana-cultivators-beg-for-more-retail-to-combat-oversupply/)  [Tilray CFO Takes to Reddit to ‘Clear The Air’ After Refinancing Deal](https://www.greenmarketreport.com/tilray-cfo-takes-to-reddit-to-clear-the-air-after-refinancing-deal/) [![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/11678) #### International [TerrAscend sells head office in Canada for under asking price](https://mjbizdaily.com/cannabis-firm-terrascend-sells-head-office-in-canada-for-under-asking-price/)  [![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/16823) [NIDA Hosts Cannabis Discussion Focused on U.S., Canada, Uruguay and France](https://cannabiswire.com/2023/06/09/nida-hosts-cannabis-discussion/) [Colombian Senators Approve Marijuana Legalization Bill, Setting Stage For Final Vote](https://www.marijuanamoment.net/colombian-senators-approve-marijuana-legalization-bill-setting-stage-for-final-vote/)       ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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