Breaking News

2 weeks ago: Park Forest Rescheduled Main Street Nights After Weather Delays
2 weeks ago: DeLuca-led Crematory Regulation Plan Now Law
2 weeks ago: Comptroller Mendoza Permanently Closed Heights Crematory Through Consent Order
2 weeks ago: Scorching Heat Grips Region. Park Forest Opens Cooling Centers.
2 weeks ago: Community Picnic & Underground Railroad Program at Schubert Woods Pavilion

Display at marijuana dispensary (Photo Credit: Sonya )Yruel/Drug Policy Alliance

Analysis, Commentary

Report: Growing Number Of Banks Are Providing Services To Cannabis-Related Businesses

by eNews Park Forest on January 12, 2018

eNews Park Forest Author

More in Analysis:

marijuana dispensary products — Display at marijuana dispensary (Photo Credit: Sonya )Yruel/Drug Policy Alliance

Washington, DC—(ENEWSPF)—January 12, 2018

Proud member of LION Publishers

By: Justin Strekal, NORML Political Director

A growing number of banks and credit unions are providing financial services to marijuana-related businesses, according to data released by FinCEN (the US Treasury Department’s Financial Crimes Enforcement Network) and first publicized by MarijuanaMoment.net.

The report found that the number of financial institutions actively banking with marijuana-related businesses rose in 2017 from 340 in…