In a previous posting titled, Are Financial Services Available to the Cannabis Industry or Not?, I provided an overview of the Cole Memo priorities and the FinCEN requirements for a financial institution to work with the cannabis industry. Here is a deeper look at the Cole Memo priorities
3 posts tagged with "Due diligence"
If you think that banks, credit unions, and other financial institutions can't offer services to the cannabis industry, I'll explain otherwise.
This FinCEN guidance clarifies how financial institutions can provide services to marijuana-related businesses consistent with their BSA obligations... read more