Banking is the number one issue surrounding the cannabis industry. For the financial institution willing to serve the industry, there is a rewarding opportunity to be a trailblazer in an emerging business area. With any new opportunity comes unique challenges, and the most daunting is the unknown. Our attorneys have substantial experience within the financial industry and have created and built a cannabis banking program for credit unions from the ground up, enabling high performing product lines.
Beyond legal advice, we will help you develop all the necessary program requirements to allow you to efficiently implement your program. This includes board policies and risk assessments, program procedures, disclosures, compliance monitoring and operational impacts. We also use our experience to train program managers and key compliance staff so that they have the required expertise necessary for a fully-compliant cannabis banking program.
Our cannabis banking program is designed to be there when you need us.