CB Resource & Shield Compliance Present: Cannabis Banking Risks and Rewards

The U.S. cannabis market is projected to reach $72 billion annually by 2030, according to industry research group New Frontier Data. Adult-use cannabis programs, now legal in two dozen states and the District of Columbia, are primarily driving this growth creating unprecedented opportunities for bankers across the country to establish new customer relationships and develop new lines of business.

While the legal cannabis industry brings significant economic opportunities to licensed cannabis businesses and bankers alike, it also presents challenging operational demands and complex regulations.

This webinar is designed to help bankers understand the risks and rewards of cannabis banking and give them the information they need to serve the industry successfully and profitably.

Webinar will include discussion about:

• The economics of cannabis banking, including key revenue and expense drivers.
• Risk considerations related to banking licensed cannabis operators.
• How to mitigate risk and effectively manage enhanced due diligence for this industry from the board level to daily operations.
• The role of data and technology in improving compliance outcomes, enabling scale, and offering better management oversight.