The State of Banking for Cannabis Businesses

Presented By:

Christian Hageseth, CEO, ONE Cannabis Group; Eric Kaufman, Head of Strategic Partnerships, Dama Financial
The unbanked cannabis industry has its genesis in a mismatch in the way state and federal laws treat the cultivation, testing, sale and consumption of cannabis products. Having in-depth understanding of the dynamic banking compliance requirements as well as staying apprised of recent developments pertaining to cannabis banking will empower cannabis businesses in various aspects. Learn the latest update on the status of federal legislation related to cannabis banking including the STATES Act and SAFE Banking Act. What will be the impact passage of either of these two pieces of legislation will have on bank's attitudes toward serving cannabis businesses. Understand the differences that cannabis banking requires of financial institutions. Learn how to locate cannabis-friendly banking providers and the due diligence questions you should be prepared to ask.