Why Are Florida’s Cannabis Businesses Still Stuck in the Cash Age?
In Florida, licensed medical marijuana businesses may be legal under state law, but under federal law cannabis remains a Schedule I controlled substance....more
8/15/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Cannabis-Related Businesses (CRBs) ,
Cryptocurrency ,
Digital Assets ,
FinCEN ,
Florida ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
Payment Systems ,
Real Estate Transactions ,
Stablecoins
On March 1, 2024, the United States District Court for the Northern District of Alabama ruled that the Corporate Transparency Act (CTA) exceeds the constitutional limits on Congress’s legislative power and is therefore...more
3/7/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Beneficial Owner ,
Congressional Authority ,
Constitutional Challenges ,
Corporate Transparency Act ,
Corruption ,
Financial Crimes ,
FinCEN ,
National Security ,
Regulatory Requirements ,
Reporting Requirements ,
Tax Evasion
In a move heralded as a significant step toward transparency, the Financial Crimes Enforcement Network (FinCEN) has adopted its final Beneficial Ownership Information (BOI) Reporting Rule pursuant to the Corporate...more
9/19/2023
/ Beneficial Owner ,
Corporate Transparency Act ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
FinCEN ,
National Security ,
Real Estate Development ,
Real Estate Investments ,
Real Estate Transactions ,
Reporting Requirements