DE Draws Massive Application Pool for First License Lottery
Delaware is moving forward with the first round of lotteries for adult-use cultivation and manufacturing licenses on Oct. 24 after...
New State License Type Coming to California
A new combined activities license will be available to cannabis businesses next year now that Gov. Gavin Newsom signed SB...
Vermont Halts Licensing Among Saturation Concerns
Two years after its launch, Vermont’s adult-use market is officially joining the ranks of larger, more mature markets by halting...
BREAKING NEWS
Florida Has No Answers on Licensing Delay
Applicants for 22 medical cannabis operator licenses in Florida have been waiting...
CRB Monitor Chart of the Month: Multistate Operators
Co-authored by Kyle Buckley, CRB Monitor Senior Analyst Our September 2024 CRB...
CRB Monitor Cannabis-Linked Securities Update | August 2024
Once again cannabis equities took a double-digit beating after a brief flurry...
Could Stability Come for Massachusetts Regulators?
The Massachusetts Cannabis Control Commission could be taking a step toward stabilization...
More news
SAFER Act Could Bring $3.4B in Bank Deposits Over 10 Years
Legislation to loosen cannabis banking regulations would increase insured banking deposits by more than $3 billion by 2034, according to...
Alleged Due Process Violations Threaten NYC’s Crackdown
With more than 1,000 businesses shut down in New York City for allegedly selling cannabis without a license, a joint...
KCA Labs Nabs Kentucky’s First Medical License
Kentucky awarded the state’s first medical cannabis license, naming KCA Labs the inaugural testing lab for the upcoming medical market....
NYC Sheriff Short on Illicit Shop Enforcement Details
New York City Sheriff Anthony Miranda told a city council oversight committee that he was unwilling to release a list...
Tier 1 Cannabis-Related Business counts: 84,271 1A CRBs + 4,169 1B CRBs = 88,440 total
Pre-licensing refers to licenses in application. Approved/pending licenses are approved but pre-operational pending additional conditions.
Tier 1A businesses literally touch the cannabis plant at some point along the supply chain from seed to sale, and are licensed by a government agency or regulator.
Tier 1B businesses are highlighted as red flags by FinCEN in its marijuana banking guidance.
