• December 5, 2020

Tags : Financial Crimes Enforcement Network

Number Of Banks Reporting Cannabis Business Clients Dips After Hemp Rules Change

The number of accounts that banks and credit unions informed federal regulators they are maintaining for cannabis businesses dipped slightly at the end of the last quarter, according to new data. But that seems to be primarily related to revised reporting requirements for financial institutions servicing hemp-specific businesses following that crop’s federal legalization, rather than […]Read More

Subscribe To Our Newsletter

 

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!