FinCEN’s Silver Lining Playbook: The Other Side of 105 and 62
FinCEN proudly reports that 105 U.S. financial institutions provide banking operations to marijuana-related businesses and that it has reviewed more than 180,000 (62%) of more than 290,000 Suspicious Activity Reports, but doesn't mention that those numbers mean 99% of U.S. banks won't touch marijuana-related businesses and 38% of the filed SARs go unreviewed. [8/13/14]