Rescheduling Testimony Scheduled for January
Testimony on whether marijuana should be downgraded to a Schedule III controlled substance will begin on Jan. 21, according to...
New Draft Rules Target Michigan Debtors
Michigan’s Cannabis Regulatory Agency (CRA) released draft regulations on Nov. 25 that include a new rule preventing businesses with collection...
Hundreds of Provisional Licensees Give Up in CA This Year
More than 400 provisional licenses in California have expired this year and nearly 300 more could expire by the end...
Kentucky Selects 36 Medical Retailers
Kentucky’s Office of Medical Cannabis (OMC) chose 36 retail licensees out of 2,551 hopefuls on Nov. 25, bringing the Blue...
BREAKING NEWS
MA Awards First Research License to Curaleaf
Curaleaf received the first research license in Massachusetts, allowing the multi-state operator...
CRB Monitor Securities Update | October 2024
October was, as usual, a volatile month for cannabis equities as the...
New Mexico Shuts Down Licensed Cultivator
New Mexico State Police destroyed more than 170,000 pounds of marijuana grown...
Minnesota Seizes Illegal Products from Hemp Shops
Minnesota’s Office of Cannabis Management (OCM) is going after shops that have...
Tier 1 Cannabis-Related Business counts: 86,445 1A CRBs + 4,680 1B CRBs = 91,125 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.