Event Calendar

Tuesday, April 18, 2023

Webinar - Cannabis Banking: Hemp, MRBs & CBD Business Update

Start Date: 4/18/2023 9:00 AM MDT
End Date: 4/18/2023 10:30 AM MDT

Location:
United States 

Although marijuana remains a Schedule I substance federally, 39 states have now legalized either medical marijuana, recreational marijuana, or both – and even more states are poised to pass legislation. This has opened an entirely new, booming industry, packed with businesses who need deposit accounts, loans, and other financial products.

Could a cannabis business open an account or borrow from your financial institution? Or does confusion remain regarding the difference between marijuana- and hemp-related laws? Where do you start? What are the risks? What due diligence is required? What about all the cash transactions, CTRs, and SARs? What reporting is expected? This timely session will address these questions, differentiate between marijuana-related and hemp-related laws, and map out the landmines. Learn the facts so you can make an informed decision about whether to serve these businesses.



 

Preferred Providers