Which description correctly identifies Tier 3 MRB participants?

Which description correctly identifies Tier 3 MRB participants?

• A. Landlords, professional services, financial services.
• B. Growers, processors, wholesale, dispensaries.
• C. Suppliers, security firms, consultants, software.
• D. Law enforcement agencies.

Answer: (A)

In a risk-based MRB program, Tier 3 covers entities that indirectly enable MRB operations rather than being the MRBs themselves. These are the players who provide essential support to MRBs—such as landlords who lease property to MRBs, professional services like lawyers, accountants, and consultants who advise MRBs, and financial services that handle MRB-related banking or payments. Because they interact with MRBs and can access or move MRB funds, they carry heightened AML risk and require enhanced due diligence and ongoing monitoring. This description matches landlords, professional services, and financial services, which is why it’s the best fit. The other options describe the MRBs themselves (growers, processors, dispensaries) or a broader mix of service providers that doesn’t align as cleanly with the Tier 3 focus, and law enforcement agencies are not MRB participants.

In a risk-based MRB program, Tier 3 covers entities that indirectly enable MRB operations rather than being the MRBs themselves. These are the players who provide essential support to MRBs—such as landlords who lease property to MRBs, professional services like lawyers, accountants, and consultants who advise MRBs, and financial services that handle MRB-related banking or payments. Because they interact with MRBs and can access or move MRB funds, they carry heightened AML risk and require enhanced due diligence and ongoing monitoring.

This description matches landlords, professional services, and financial services, which is why it’s the best fit. The other options describe the MRBs themselves (growers, processors, dispensaries) or a broader mix of service providers that doesn’t align as cleanly with the Tier 3 focus, and law enforcement agencies are not MRB participants.