As of March 31st, 6894 credit institutions and banks filed reports insisting that they were already working with marijuana businesses. This is the same number of banks from the last quarter, although it hasn’t gotten to its peak in 2017, which was 747. So why the reduction i8n number?
Well, this slight reduction in 2020 was caused by FinCEN. FinCEN is an institution that is a part of the US Treasury Department and has stopped counting hemp-based enterprises in their three-monthly reports. This has been the situation since hemp was legalized under the Farm Bill of 2018. The bill contributed to the dip as opposed to other rising numbers from hemp-based bank accounts.
Members of Outlawz have said for years that they mixed some of Tupac Shakur’s ashes…
State and local police made at least 218,152 marijuana-related arrests in 2025, including 200,960 for…
Three days in Philadelphia, September 25 to 27, with a free record-clearing clinic and a…
Four decades after its Amsterdam beginnings, Barney’s Farm is marking the milestone with new markets,…
Gallup’s new numbers hold a small, awkward pattern: the Americans most convinced cannabis is bad…
The FDA is seeking outside data and analytics services to better understand how people use…