CRB Monitor provides a relational database that aggregates and standardizes cannabis-related corporate intelligence, enabling financial institutions to conduct thorough due diligence and ongoing risk assessments. This platform addresses the challenge of navigating complex compliance requirements and investment opportunities in the cannabis sector by offering detailed entity profiles and relationship mapping.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions face challenges in navigating the complex regulatory landscape and assessing risks associated with cannabis-related businesses (CRBs) and digital asset companies. Incomplete or inconsistent data across various licensing agencies and sources makes due diligence and ongoing monitoring difficult.
Solution
CRB Monitor provides a comprehensive corporate intelligence platform that aggregates and standardizes data on cannabis and digital asset companies, enabling financial institutions and capital providers to understand, identify, and manage risks and opportunities. The platform features a relational database with detailed entity profiles, relationship mapping, and license information, all organized into risk-based tiers and categories. By offering a "single source of truth," CRB Monitor helps users make informed decisions about compliance, banking, and investments, while simplifying KYC/AML/BSA compliance and market analysis.
Target Audience
The primary target audience includes financial institutions such as banks, credit unions, broker-dealers, insurance companies, money service businesses, and casinos, as well as capital providers like investment banks, venture capital firms, private equity firms, hedge funds, and non-bank lenders.
Features
- Centralized database covering 93,000+ direct CRBs, 245,000+ cannabis licenses, 140,000+ owners, and 1,800+ cannabis-linked securities
- Data aggregation from 100+ licensing agencies and numerous online/offline sources
- Standardized and classified data organized into risk-based tiers, categories, and sectors
- De-duplicated and cross-linked relational database with detailed entity profiles
- Advanced search and filter functionality to identify connections and commonalities between entities
- License details including jurisdiction, medical/recreational status, type, and status
- Access to supporting documents for reporting and case support
- Integration with common filter solutions via plug-and-play datasets