CRB Monitor Securities Update | November 2025
As we have done for nearly a decade, CRB Monitor provides our clients with the gold standard in cannabis and...
President Orders Rescheduling and Hemp Reconsideration
It finally happened. After weeks of rumors and speculation, President Donald Trump signed an executive order on Dec. 18, ordering...
Q3 2025 Cannabis Business Licensing Activity
The cannabis industry in the United States and Canada continues to undergo a significant period of consolidation and rationalization, as...
Minnesota Licensing Secondary Market Emerges
Minnesota’s adult-use cannabis market is only a few months old, but it already has an active market for buying and...
BREAKING NEWS
Texas Awards 9 New Conditional Licenses
Multi-state operators Verano Holdings Corp. (VRNO), Trulieve (TCNNF) and PhamaCann are among...
Curaleaf Moves Into Virginia’s Medical Market
Curaleaf (CURLF) announced on Dec. 2 that it has entered into an...
Florida Medical Licensing Remains In Legal Limbo
Florida’s Office of Medical Marijuana Use (OMMU) promised patients that new operator...
Hemp Industry, Pols Rally in Wake of Federal Hemp THC Ban
With the stakes higher than they have ever been for a $28...
Tier 1 Cannabis-Related Business records: 94,205 1A CRBs + 5,095 1B CRBs = 99,300 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.
