--- title: CRB Monitor | Weekly Update | March 12 - 17, 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/1AMRB-4.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 | March 12 - 17, 2023 ##### Published on March 23, 2023 # Week of March 12 - March 17, 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 (March 12 - March 17, 2023):     67,127 1A MRBs +  3,648 1B MRBs =  70,775 total ### 1A MRBs *![1AMRB-4](https://www.crbmonitor.com/hs-fs/hubfs/1AMRB-4.png?width=468&height=273&name=1AMRB-4.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  *![1BMRB-3](https://www.crbmonitor.com/hs-fs/hubfs/1BMRB-3.png?width=468&height=256&name=1BMRB-3.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-Mar17](https://www.crbmonitor.com/hs-fs/hubfs/MBL-Mar17.png?width=468&height=329&name=MBL-Mar17.png) Note: Inactive licenses, unlicensed, and unknown licenses have been excluded.* ### Beneficial Owners Count *![BOL](https://www.crbmonitor.com/hs-fs/hubfs/BOL.png?width=468&height=272&name=BOL.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 #### [Labstat Inc., A Certified Group Company, Partners With Toxys to Offer ToxTracker® Assay](https://www.prnewswire.com/news-releases/labstat-inc-a-certified-group-company-partners-with-toxys-to-offer-toxtracker-assay-301772091.html) [Pelemix announces acquisition of Even-Ari Green Ltd. (French language)](https://www.prnewswire.com/news-releases/pelemix-annonce-lacquisition-deven-ari-green-ltd-301773086.html) #### Negative News [Marijuana MSOs sue New York over adult-use retail license delay](https://mjbizdaily.com/marijuana-msos-sue-new-york-over-adult-use-retail-license-delay/) [5 Canadian cannabis producers face May deadline in ‘extracts/edibles’ conflict](https://mjbizdaily.com/5-canadian-cannabis-producers-face-may-deadline-in-extracts-edibles-conflict/) [NY’s cannabis regulators sued again, this time by the big players](https://www.syracuse.com/marijuana/2023/03/exclusive-nys-cannabis-regulators-sued-again-this-time-by-the-big-players.html) [Louisiana's largest CBD manufacturer sues state to keep products on shelf. Here's why.](https://news.yahoo.com/louisiana-hemp-manufacturer-sues-state-162129056.html?guccounter=1) [Mexican National Gets 10 Years for Growing Over 6,500 Marijuana Plants in the Shasta-Trinity National Forest](https://www.justice.gov/usao-edca/pr/mexican-national-sentenced-10-years-prison-growing-over-6500-marijuana-plants-shasta) #### Legalization & Regulation [Kentucky Medical Cannabis Bill Passes Senate Committee](https://www.cannabisbusinesstimes.com/news/kentucky-medical-cannabis-legalization-bill-assigned-to-committee/)[New Hampshire House Votes To Legalize Marijuana With No Regulations Or Limitations](https://www.marijuanamoment.net/new-hampshire-house-votes-to-legalize-marijuana-with-no-regulations-or-limitations/) [Delaware Senators Approve House-Passed Marijuana Legalization Bills In Committee](https://www.marijuanamoment.net/delaware-senators-approve-house-passed-marijuana-legalization-bills-in-committee/) [Maryland adult-use marijuana bill heads to Senate after House approval](https://mjbizdaily.com/maryland-adult-use-marijuana-bill-heads-to-senate-after-house-approval/) #### Licensing Related [Washington State regulators remind about March 30 deadline to submit social equity marijuana retail license applications](https://content.govdelivery.com/accounts/WALCB/bulletins/34ea02d) [Legislation in Washington Would Create 100 Cannabis Licenses for Social Equity Applicants](https://www.cannabisbusinesstimes.com/news/legislation-washington-would-create-100-cannabis-licenses-social-equity-applicants/) [With cannabis cultivator cap lifted, growers face New Jersey’s challenges](https://mjbizdaily.com/with-cannabis-cultivator-cap-lifted-growers-face-new-jersey-challenges/) #### International [Germany confident EU will approve recreational cannabis legalization blueprint](https://mjbizdaily.com/germany-confident-eu-will-approve-recreational-cannabis-legalization-blueprint/) #### Other News [Arkansas cannabis grower suing insurer after claim denied](https://mjbizdaily.com/arkansas-cannabis-grower-suing-insurer-after-claim-denied/)[Ontario Chamber of Commerce calls on province to allow cannabis lounges](https://mjbizdaily.com/ontario-chamber-of-commerce-calls-on-province-to-allow-cannabis-lounges/)[Kris Krane returns to marijuana MSO 4Front Ventures with board seat](https://mjbizdaily.com/kris-krane-returns-to-marijuana-mso-4front-ventures-with-board-seat/) [Tilt Holdings marijuana vape subsidiary Jupiter Research refinances debt](https://mjbizdaily.com/tilt-holdings-marijuana-vape-subsidiary-jupiter-research-refinances-debt/)[Medical marijuana sales in Arkansas reach $22.4 million in February](https://mjbizdaily.com/medical-marijuana-sales-in-arkansas-reach-22-4-million-in-february/)[Trademark lawsuit abandoned against marijuana MSO Green Thumb](https://mjbizdaily.com/trademark-lawsuit-dropped-against-marijuana-mso-green-thumb-industries/)[Colorado Operators See 'Bubble Deflating' as Cannabis Prices Continue to Fall](https://www.cannabisbusinesstimes.com/news/colorado-cannabis-price-compression-layoffs-curaleaf/)[New York Gov. Kathy Hochul Announces Opening of Adult-Use Cannabis Dispensary in Ithaca](https://www.cannabisbusinesstimes.com/news/new-york-opening-adult-use-dispensary-ithaca/) [Outstanding Debt Between Cannabis Licensees Must be Paid, Colorado Regulators Warn](https://www.cannabisbusinesstimes.com/news/colorado-marijuana-enforcement-contracts-invoices-unpaid/) [Medical marijuana limits to increase in North Dakota](https://mjbizdaily.com/medical-marijuana-limits-to-increase-in-north-dakota/) [Kushfly Now Providing Hemp, Delta THC, and CBD Shipping Throughout the USA](https://www.prnewswire.com/news-releases/kushfly-now-providing-hemp-delta-thc-and-cbd-shipping-throughout-the-usa-301774123.html) [Fluent Hosts Grand Opening of 30th Florida Medical Cannabis Dispensary in Jacksonville](https://www.prnewswire.com/news-releases/fluent-hosts-grand-opening-of-30th-florida-medical-cannabis-dispensary-in-jacksonville-301772344.html) [Georgia representative says she consulted with medical marijuana company trying to win recent bid](https://www.fox5atlanta.com/news/georgia-medical-marijuana-representative-consulted-bid-process)   ### Most Popular ### Subscribe For Updates ## Explore how CRBMonitor can simplify your cannabis-related compliance challenges. 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