Impacts of Federal Rescheduling on Cannabis Banking

After years of waiting on Washington, financial institutions saw the first meaningful shift in federal cannabis policy last month, when Acting Attorney General Todd Blanche signed a final order moving certain marijuana products from Schedule I to Schedule III. The scope is limited and uncertainties remain, but it is a pivotal, positive moment for the legal cannabis industry, the institutions actively serving it, and those still on the sidelines.

In this education-first session, Green Check subject matter experts — with experience building and scaling nearly 200 cannabis banking programs — will break down the rescheduling order itself, who it actually impacts, and what it means for cannabis banking from both compliance and revenue perspectives.

Agenda

Sessions are guided discussions and attendees can submit questions throughout.

• Unpacking Federal Rescheduling
  • Setting the stage: what was signed, and why now is different
  • Who the order actually impacts and and who it doesn’t
  • Realistic timeline: what happens next and when
  • Financial and tax implications, including 280E
• What This Means for Cannabis Banking
  • New entrants: how the landscape is about to shift
  • Depository and fee impacts on existing programs
  • Cannabis lending: where the door opens and where it stays closed
  • Compliance obligations: what changes and what stays the same
• Working with Cannabis-Related Businesses Through the Transition
  • Internal processes that should evolve now, not later
  • How to guide customers through uncertainty and position them to win
  • Retention and growth: keeping the book you have, attracting the book you want
• Checklist: Is Your Program Rescheduling-Ready?
  • Handling compliance obligations
  • Policy and procedure updates to prioritize
  • Maximizing revenue opportunities created by the shift
• Live Q&A
  • Bring your questions for Stacy and Julie

Who Should Attend

• If you already bank cannabis
  • BSA/AML officers, compliance leaders, and program managers who need a clear read on what changes and what doesn’t under Schedule III.
• If you’re evaluating entry
  • Executives, lenders, and risk leaders weighing the opportunity, the obligations, and the timing of standing up a cannabis banking program.

What You’ll Leave With

• A clear understanding on the rescheduling order and its actual scope
• Insight into what changes for compliance, revenue and lending
• A practical checklist to pressure-test your program’s readiness
• Talking points to bring back to your customers, your board, and your team