With a new administration in office, speculation is running high on what the future holds for financial institutions working within the cannabis-related business (CRB) industry.
Today's guest is Kevin Gulledge, Senior Risk Management Consultant at Abrigo and a seasoned expert in financial compliance. With extensive experience guiding banks and credit unions through the challenges of serving CRBs, Kevin brings valuable insight into the regulatory and operational hurdles financial institutions face.
In this episode, we’ll break down the current speculation surrounding cannabis banking under the new administration, what we’re hearing from bankers on the front lines, and any proposals in the pipeline that could impact financial institutions. Plus, we’ll explore the unknowns—those lingering uncertainties that could shape the future of CRB banking.
Helpful links:
CRB insights webpage: MJBizDaily | Cannabis Industry Financial & Legal News
Podcast: Banking on cannabis: Breaking down the SAFER Banking Act
Whitepaper: Providing financial services to cannabis-related businesses
Blog: Cannabis lending for financial institutions: Best practices
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