MJ Stocks Analysis

[Demar]

Primary sources for today's (2/14/14) "MJ Banking" announcement:


“Now that some states have elected to legalize and regulate the marijuana trade, FinCEN seeks to move from the shadows the historically covert financial operations of marijuana businesses,” noted FinCEN Director Jennifer Shasky Calvery. “Our guidance provides financial institutions with clarity on what they must do if they are going to provide financial services to marijuana businesses and what reporting will assist law enforcement.”


http://www.fincen.gov/news_room/nr/pdf/20140214.pdf

http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2014-G001.pdf