CRB Monitor Chart of the Month | March 2024
This month, we turn our attention to the Sunshine State, where the Florida Supreme Court has issued its decision that...
Cannabis-Linked Securities Update | March 2024
What a silly question, given that cannabis equities have to stage a quadruple-digit comeback to fully recover from their highs...
NY OCM to Start Issuing Provisional Cannabis Licenses
New York’s Cannabis Control Board continues to move forward on licensing with several settled lawsuits in its wake. The board...
BREAKING NEWS
Cannabis Seizures by U.S. Customs Are a ‘Concern’ to NM Regulators
New Mexico cannabis regulators are concerned about reports that licensed cannabis businesses...
New York Cannabis Market Endures Court Order Correction
New York’s beleaguered adult-use roll out suffered a temporary jolt on April...
MSOs Join Trulieve in Financing Florida’s Legalization Campaign
Florida’s top multi-state operators are poised to cash in now that the...
Distressed High Times Suddenly Closes California Dispensaries
High Times Holding Co., the publisher of the eponymous recreational drug magazine...
More news
Rejected Applicant for Several Dispensaries Sues MD Over Licensing Process
Several applicants in the first round of Maryland’s social equity license lottery appear to be backed by the same equity...
Oregon Cannabis Operators Welcome Defacto Licensing Moratorium
Oregon cannabis business operators can finally start planning for the future now that a new law will prevent the already...
Alabama Bill Tries to Correct Botched Medical Rollout
Alabama State Sen. David Sessions has introduced a new bill that's designed to correct the legal problems that Alabama’s stalled...
Missouri Revokes Nine of 48 Social Equity Microbusiness Licenses
Nine of the 48 social equity cannabis licenses that Missouri dished out last fall have been revoked following claims that...
Popular Posts
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Cannabis ‘cash management’ firm accused of stealing millions, flouting money laundering rules
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Distressed High Times Suddenly Closes California Dispensaries
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Cannabis Banking Compliance Challenges States, Too
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Georgia Board of Pharmacy Stops Issuing Cannabis Licenses After DEA Warning
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10 Years of FinCEN Marijuana-Banking Guidance
Tier 1 Cannabis-Related Business counts: 76,205 1A CRBs + 4,006 1B CRBs = 80,211 total
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 have a financial or controlling interest in a Tier 1A CRB. Tier 1B businesses are highlighted as red flags by FinCEN in its marijuana banking guidance.
Pre-licensing refers to licenses in application. Approved/pending licenses are approved but pre-operational pending additional conditions.
Empowering financial institutions and capital providers to understand, identify and manage cannabis-related risk and opportunity.
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