The New Cannabis Banking Opportunity Landscape

Wednesday, December 18, 2024 1 PM ET | 90 Minutes

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Banking any high-risk industry should come with high reward, and the opportunities provided by a cannabis line of business only continue to grow and evolve.  With the industry’s once daunting compliance challenges solved, the focus has shifted to new technologies, partnerships and strategies that drive greater profitability, efficiency and scalability. 

In this webinar, we offer a forward-thinking look into the state of cannabis banking for 2025 and highlight some of the newest financial opportunities available to industry participants. Joined by partners from Coda Capital Advisors, CTrust, and Evergreen, Green Check experts will showcase the reward side of cannabis banking with actionable insights for your institution. 

This complimentary event covers the following topics:

  • The State of Cannabis Banking for 2025: New Markets, Increased Funding Needs and More Competitive Offerings
  • New Lending Opportunities: Participation Loans, Direct Lending and Cannabis-Specific Credit & Risk Ratings
  • New Deposit Strategies: Off-Balance Sheet Investment Options and Risk Mitigation
  • New Growth-Focused Technology: Portfolio Management, Market Insights and Data Connectivity

Additionally, this event incorporates question breaks to answer the questions most relevant to your organization.

Takeaways:

  • Access to the recording
  • Contact information for presenters

Audience:

  • Board members
  • CEO
  • CFO
  • Compliance and risk officers
  • Branch operations managers
  • Business development teams
  • Lending officers
  • Marketing and communications teams
MEET OUR

Presenters

Stacy Litke

VP, Banking Programs, Green Check

Stacy Litke is VP of Banking Programs at Green Check Verified with decades of experience in the financial services industry.  Time spent in retail, lending, operations, and technology — and from the seats of a community banker, fintech executive, and consultant — has provided Stacy with a comprehensive view of the industry.  Prior to joining Green Check, Stacy was SVP of Operations for a Massachusetts-based, $900 million institution.  Today, she uses her collective experience to help financial institutions with compliant cannabis banking programs.

Paul Chesek

Chief Growth Officer, Green Check

Paul Chesek is the Chief Growth Officer at Green Check Verified. With skills in Business Development, Consulting, Management and Software as a Service (SaaS), he is an experienced leader with extensive experience in the information technology and services industries. His strengths are in building, organizing and retaining teams to grow and scale businesses across regions and service lines. Most recently, he served as the AVP of Mid-Market and Managed Service for Traction on Demand, a SalesForce Company.

Brendan Fay

Chief Investment Officer, Coda Capital

Mr. Fay is a skilled investment manager with over 20 years of experience raising and deploying capital in niche alternative investments. Prior to joining Coda Capital, Mr. Fay was a Senior Vice President at nationally recognized student housing investor Campus Apartments, where he successfully managed their $2bn student housing portfolio.  Mr. Fay was the Head of Special Situations for Doral Bank where he restructured and sold a $1bn portfolio of non-performing loans secured by commercial real estate in Puerto Rico.  Mr. Fay started his career in the investment banking program at Bank of America where he completed their intensive credit analyst program.

Dotan Y. Melech

Co-Founder and CEO, CTrust

Dotan Y. Melech is the co-founder and CEO of CTrust, a credit rating and monitoring agency for the cannabis industry. He previously led United AMS, an asset management service company, and served as a Federal Bankruptcy Trustee on thousands of cases. With extensive experience in receivership, bankruptcy, restructuring, and risk management, Melech is a recognized expert in distressed assets. He has won an innovation award from The Washington Business Journal and contributes to Forbes, Benzinga, and mg Magazine. A veteran with a BS in Engineering and an Executive MBA, Melech lives in Dallas, Texas with his wife Tracy and their four children, and is an avid tennis player and Vistage member.

Mac Chrystal

Head of Consumer Life and Annuity, Evergreen

Mac Chrystal is a founder and the Head of Consumer Life and Annuity at Evergreen. With 15 years of experience in insurance distribution, he has supported broker-dealers, banks, credit unions, and other institutions in delivering life insurance, annuities, and various health insurance products to retail consumers. At Evergreen, Mac is responsible for creating and launching a cannabis-friendly insurance platform in collaboration with the company’s financial institution partners. In addition to his role at Evergreen, Mac serves as the President and CEO of Gen3, a prominent national insurance distribution firm.