It seems like the question of the legality of banking cannabis businesses has gone on forever, but it is a complex topic. With the discussion in Congress of the Safe Banking Act and expanding legality on the state level (although of various degrees), is now the time for your institution to jump into the fray? This webinar will discuss the current state of affairs regarding cannabis banking, including hemp production.
We’ll talk about potential federal legislation and its (eventual) chances. What will this mean? Will it be full legalization across the country or something lesser? What are the risks if you operate in multiple states? How will regulators treat these types of activities and what are the expectations from an AML standpoint? And do bankers need to turn into biochemists to figure all this out? We’ll provide the current lay of the land so every institution can make an educated decision on what it wants to do and how to plan.
Who Should Attend
This webinar is intended to anyone involved in the complicated decision to participate in the rapidly-growing cannabis industry. From Boards of directors to executive management, to compliance and risk professionals to attorneys, anyone seeking the current state of affairs on the legalization of cannabis banking activities will benefit from this session.
Cannabis Banking Issues - Where Do We Stand Now? has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. For questions on certificates, please email email@example.com. Certification holders must report these credits at https://aba.csod.com.