Financial Report / Investment Research Page - HOUSE_OVERSIGHT_024715

Processing Document...

0%

Initializing...

Extraction Summary

0

People

5

Organizations

1

Locations

0

Events

2

Relationships

1

Quotes

Document Information

Type: Financial report / investment research page

File Size: 826 KB

Summary

This document is page 79 of a report by Ackrell Capital, titled 'Chapter IV U.S. Legal Landscape'. It presents data sourced from the Financial Crimes Enforcement Network regarding 'Marijuana-Related SAR Filings' between Q2 2014 and Q2 2017. The page argues that the increasing trend in these filings indicates cannabis businesses are accessing the federal banking system despite federal prohibitions. The document bears a 'HOUSE_OVERSIGHT_024715' Bates stamp.

Organizations (5)

Name	Type	Context
Ackrell Capital, LLC
Financial Crimes Enforcement Network
FINRA
SIPC
House Oversight Committee

Locations (1)

Location	Context
United States

Relationships (2)

Ackrell Capital, LLC → Membership → FINRA

Footer states: 'Member FINRA'

Ackrell Capital, LLC → Membership → SIPC

Footer states: 'Member ... SIPC'

Key Quotes (1)

"The upward trend in the frequency of marijuana-related SAR filings, as well as the growing number of depository institutions making such filings, indicate cannabis businesses increasingly are accessing the federal banking system despite federal law."

Source

HOUSE_OVERSIGHT_024715.jpg

Quote #1

Full Extracted Text

Complete text extracted from the document (750 characters)

ACKRELL
CAPITAL
CHAPTER IV U.S. Legal Landscape

Monthly Marijuana-Related SAR Filings
1600
1400
1200
1000
800
600
400
200
0
Q2 2014
Q4 2014
Q2 2015
Q4 2015
Q2 2016
Q4 2016
Q2 2017
Limited
Priority
Termination

Depository Institutions Making Marijuana-Related SAR Filings
350
300
250
200
150
100
50
0
Q2 2014
Q4 2014
Q2 2015
Q4 2015
Q2 2016
Q4 2016
Q2 2017
Banks
Credit Unions

Source: Financial Crimes Enforcement Network

The upward trend in the frequency of marijuana-related SAR filings, as well as the growing number of depository institutions making such filings, indicate cannabis businesses increasingly are accessing the federal banking system despite federal law.

View Original PDF