January 10, 2017

Articles

Articles Written by, Featuring, or Citing MRB Monitor

January 4, 2018: For banks, DOJ reversal on pot will have ‘chilling effect’, American Banker (quote): “I personally would not expect an immediate, widespread crackdown,” Steve Kemmerling, CEO of the consulting firm MRB Monitor, said in an email, “but I do expect a big chill to fall across the marijuana industry.  “The ‘recreational’ marijuana market in particular could be facing some serious challenges as it has zero protections from federal prosecution.”

November 21, 2017: Clearing the Haze: An Update on the Marijuana Industry & Key Legal and Regulatory Considerations for Financial Institutions ACAMS Chicago Chapter Event at the Federal Reserve Bank of Chicago (co-presenter)

September 26, 2017: Continued Confusion or Clarity?: The Latest On Banking Marijuana Businesses ACAMS 17th Annual AML & Financial Crime Conference (co-panelist)

September 12, 2017: Marijuana and Banking: What Everyone Needs to Know CBANC Network (webinar)

January 31, 2017: “Marijuana and Banking: What Everyone Needs to Know” aka “How ignoring the marijuana industry is a bigger risk to your FI than you realize”, CBANC Network (webinar)

January 12, 2017: Big Banks Worked with Pot Industry, Despite Denials, Records Show, American Banker (featured; quote)

December 8, 2016: Banking Compliance Issues in Legalized Marijuana, Atlantic Community Bankers Bank (webinar/co-presenter)

November 18, 2016: Will Trump’s AG Pick Just Say No to Pot Banking?, American Banker (quote)

September 20, 2016: Defining “Marijuana-Related Business,” ACAMS Today (sole author) (note: a PDF of this article is available on our “Premium Content” page)

Aug 16, 2016: Financial crime experts get in the weeds over marijuana banking services, Tampa Bay Business Journal (featured)

July 13, 2016: Marijuana Business Burns Small Illinois Bank, American Banker (quote)

March 4, 2016: Non-Bank Payments Aren’t a Long-Term Answer for Legal Marijuana, Payments Source (co-author)

January 20, 2016: View from the Pinstripes: How a Banker Sees a Cannabis Account, Leafly.com (featured)

December 31, 2015: Shh!  Here’s How Cannabis Companies are Banking on the Down Low, Leafly.com (citation) (note: This article cites/links to an analysis co-authored by MRB Monitor and Dynamic Securities Analytics.)

December 24, 2015: Experts Debunk 5 Myths About Marijuana Industry, Credit Union Journal (co-author)

December 24, 2015: Banks Weighing Pot Business Find Haze of Misinformation, American Banker (co-author)

December 17, 2015: Don’t Bet on a Pot-Banking Fix Next Year, American Banker (citation) (note: This article cites/links to an MRB Monitor analysis in another American Banker article).

November 5, 2015: Corruption Currents, Wall Street Journal (citation) (note: This article cites/links to “Reviews of marijuana related suspicious-activity reports” created by MRB Monitor and Dynamic Securities Analytics.)

November 3, 2015: Legal Clash Exposes Contradictions in Fed’s Pot-Banking Rules, American Banker (citation)

November 3, 2015: New Marijuana Banking SAR Data Has International Implications, Blog Post (co-author)

November 3, 2015: Securities Brokers Have (Relatively) Open Arms to Marijuana Businesses, Blog Post (co-author)

June 15, 2015: Consequences of Conflicting Federal and State Marijuana Laws (note: this link will download a PDF), State of Utah Department of Commerce, Division of Occupational and Professional Licensing (citation)

August 25, 2015: Conflict and Uncertainty: Due Diligence Challenges for Marijuana-Related Businesses, ACAMS Today (co-author) (note: a PDF of this article is available on our “Premium Content” page)

April 15, 2015: Some Banks Serve Marijuana Businesses As Others Axe Them, Wall Street Journal (citation)

April 13, 2015: Some Banks Are Working with Marijuana Businesses, But They Remain Wary, Huffington Post (citation) (note: Huffington Post links to an analysis we created with Dynamic Securities Analytics)

April 13, 2015: Financial institutions mixed on serving marijuana industry customers, Inside Counsel (citation)

April 13, 2015: Who is Filing Suspicious Activity Reports on the Marijuana Industry? New Data May Surprise You., Blog Post (co-author)