2024 Cannabis Business Licensing Activity Review
The U.S. and Canadian regulated cannabis markets showed signs of stabilization in late 2024, as business license counts remained steady...
Trump’s DOL Nominee Invests in a Cannabis Company
President Donald Trump’s nominee for Secretary of Labor, Lori Chavez-DeRemer, is an investor in a licensed cannabis business in Oregon,...
Navy Capital Winds Down Amid AML Enforcement
After eight years of operating in the legal cannabis space, investment adviser Navy Capital Green Management is shutting down because...
5 States Looking to Legalize Adult Use This Year
Midway through February, already five states have filed bills to legalize adult use and one state has legislation to allow...
BREAKING NEWS
MA Lab Sues Competitors for Alleged Testing Fraud
A cannabis testing lab with locations in New York, Massachusetts and Maine...
MJ-Related Banking Discussed at Senate Committee Hearing
The cannabis industry’s challenges with obtaining banking services were discussed during a...
MN Takes Second Shot at Adult-Use Licensing
Minnesota’s Office of Cannabis Management is hoping to roll out adult-use cannabis...
D.C. Regulators Shut Down 6 More Unlicensed Shops
Washington, D.C., regulators and law enforcement started the new year continuing its...
Popular Posts
-
Cannabis ‘cash management’ firm accused of stealing millions, flouting money laundering rules
-
Distressed High Times Suddenly Closes California Dispensaries
-
Ohio Pre-Rolls Toward Opening Day
-
Cannabis Companies Getting Nervous About PPP Loan Investigations
-
Rescheduling Cannabis: Formal Rulemaking Process Can Drag On for Years
Tier 1 Cannabis-Related Business records: 88,561 1A CRBs + 4,846 1B CRBs = 93,407 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.
