DUBLIN, June 30, 2021–(BUSINESS WIRE)–The “Regulatory Report: Financial Services for CBD Companies in the US” report has been added to ResearchAndMarkets.com’s offering.
This report addresses the reasons why the problem persists, what can be done in the current climate, and what might be done to address the problem.
The problems with cannabis-related businesses obtaining banking and payment processing services have been well documented. The issue has led many dispensaries in states with legalised cannabis to operate on a cash-only basis, leaving their employees at risk of being robbed. However, the problem runs much deeper than cannabis dispensaries and uniquely affects the CBD industry.
The Bank Secrecy Act (BSA) of 1970 requires financial institutions to assist federal agencies in detecting and preventing money laundering.
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/r/63aj8f
View source version on businesswire.com: https://www.businesswire.com/news/home/20210630005393/en/
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