Infographic

Marijuana-Related Businesses

The Risks & Rewards of Banking a Growing Industry

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Marijuana-related businesses (MRBs) have been receiving a lot of attention lately. This growing industry is already worth more than $10 billion in the U.S., with that number projected to almost triple over the next five years, creating many questions for financial institutions around banking MRBs.

This infographic provides a brief introduction to the world of MRBs, mapping marijuana law by state, examining the number of businesses that have been flagged as MRBs in the Verafin Cloud to date, and offering insight into related compliance risk.

Tagged as...

  •   BSA/AML Compliance
  •   CDD/EDD
  •   High-Risk Customer Management