Webinar Series

Cannabis Banking Part 1: Can I Do It?

Thursday, July 18, 2019 12:00PM

Learn how to:

• Create a strategy to develop a successful program

• Build a business case to get key stakeholder approval

• Establish a framework for building the program

This is the first of a three-part webinar series focused on banking cannabis businesses.

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Summary

It’s hard to ignore the buzz around the emerging cannabis industry. Legal in 33 states and counting, this $13+b industry is of particular interest to banks and credit unions looking for low cost deposit growth, increased fee revenue, and strong commercial partnerships with local small business owners. 

Virtually every board meeting, conference, and publication, has a “cannabis banking” focus, but few outlets offer a pragmatic approach to mitigating the risks involved with serving the cannabis industry. Weighing the need to withstand examiner scrutiny against the desire to build a profitable cannabis banking program may seem daunting, but through proper planning, the right partner, and a purpose-built system to mitigate risks, cannabis banking can become a reality for your institution.

The Speakers

Alan Hanson

Gleam Law

Marijuana Law Attorney

Alan is the recognized cannabis lawyer and cannabis credit union expert in Oregon. His practice focuses on developing cannabis and hemp credit union divisions. Prior to Gleam Law, he spent 17 years as the General Counsel and Compliance Officer for Maps Credit Union, where he created and managed the first fully compliant cannabis credit union division in Oregon.

Mike Kennedy

Green Check Verified

Director, Product Strategy

Mike leads Product and Strategy and is a co-founder of Green Check Verified. Mike has extensive experience working with banks and credit unions  to leverage technology to better manage their compliance and risk functions. Mike deeply understands the cost and complexities involved with maintaining compliance from work with hundreds of banks and credit unions.

Cannabis Banking: Can I Do It?

Date: | Thursday, July 18th, 2019

Time: | 12:00pm - Eastern Daylight Time

Duration: | 45 min

Green Check is a leader in helping financial institutions develop and deploy compliant cannabis banking programs. By combining industry expertise with innovative technologies, our team of former regulators and compliance experts help you align your cannabis banking efforts with your strategic goals.

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