Matthew D. Lee

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has released updated quarterly statistics showing a continuing increase in the number of depository institutions that actively bank U.S. marijuana businesses. As
Continue Reading Treasury Department Data Shows Continuing Increase in Availability of Marijuana Banking

Reuters is reporting today that the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) was caught off guard by Attorney General Jeff Sessions’ announcement last week that the Justice Department was
Continue Reading FinCEN Confirms Marijuana Banking Guidance Remains in Place Despite DOJ Policy Reversal