The Financial Crimes Enforcement Network (FinCEN) has quietly released its latest update on marijuana-related business (MRB) banking metrics, covering activity through December 2024. The data stems from “suspicious activity reports” (SARs) that banks and credit unions are required to file when servicing marijuana businesses. They’re also directed to file specific types of reports—labeled “marijuana limited,” “marijuana priority,” and “marijuana termination”—depending on circumstances, in addition to standard currency transaction reports. The obligations continue to create paperwork and costs for banks and marijuana businesses alike, while offering little apparent benefit to regulators or the public. The numbers reinforce a broader reality: basic banking services are increasingly available to marijuana businesses, even if payment processing and other financial services remain limited.