Number Of Banks Reporting Marijuana Business Clients Declines, Federal Report Shows

The number of banks and credit unions servicing marijuana businesses dipped in the last fiscal quarter, according to new federal data. That said, the Financial Crimes Enforcement Network (FinCEN) is no longer counting financial institutions that work with hemp-only companies since the crop was federally legalized, making the overall decline seem more pronounced compared to … Continue reading Number Of Banks Reporting Marijuana Business Clients Declines, Federal Report Shows