Last month witnessed a marijuana banking explosion. Spanning 29 states and generating $7.2 billion in 2016, the United States’ legalized marijuana industry’s greatest obstacle—banking—was significantly reduced by the Department of the Treasury’s (Treasury) Financial Crimes Enforcement Network’s (FinCEN) June 6, 2017, “marijuana banking update,” The Fourth Corner Credit Union v. Federal Reserve Bank of Kansas City, […]
The Fourth Corner Credit Union
The Un-winable, Un-loseable Case
By Mark Goldfogel It’s like knowing you have the winning horse, but not having any idea how long the race will be. Prohibition is over! Mathematically, logistically, financially, and most importantly, medically. Sixty-two percent of the U.S. population lives in a state with medical access to cannabis, and 21% live in a state where adults […]
