2025 U.S. & Canadian Cannabis Business Licensing Activity
2025 marked another period of significant recalibration and transition for the regulated cannabis industry in the United States. While the...
CRB Monitor Securities Update | January 2026
Once again, cannabis-related equities began 2026 with weakness, extending CRBs’ multi-year underperformance relative to global, broad market indexes. Cannabis-themed benchmarks...
Ohio AG Sues 9 MSOs for Anti-Competitive Collusion
Ohio Attorney General David Yost sued nine multi-state organizations (MSOs), calling them “cartels” that have been allegedly colluding to fix...
Straw-Owner, Diversion Enterprise Shut Down in OK
A multi-state criminal investigation led to the arrest of 19 people, including the leader of an organization accused of illegal...
BREAKING NEWS
Denver Officials Revoke 4 Licenses for Suspected Diversion
Denver regulators revoked four cannabis licenses held by Blazin OG following the...
2025 Cannabis Legislative Roundup
Just when it was looking like another stagnant year for cannabis legal...
Will the SCOTUS Take Up DCC and Cannabis?
A split decision on state cannabis license residency rules between two separate...
CRB Monitor Securities Update | December 2025
As has been the case for several years, stakeholders in the cannabis...
Tier 1 Cannabis-Related Business records: 94,833 1A CRBs + 5,196 1B CRBs = 100,029 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.
