Banking Hemp & Cannabis-Related Businesses in Kentucky: Opportunities and Risks
WEBINAR
Thursday, February 17, 2022 | 1 PM CST | 60 Minutes
Though Kentucky has yet to join the majority of U.S. states with legalized medical or adult-use marijuana, it remains one of the largest hemp producers in the country. Financial institutions in Kentucky that want to bank hemp — or the myriad of businesses selling its byproducts and extractions such as CBD — are presented a great opportunity, but also a murky legal and compliance landscape. In this session — taught by subject matter experts with experience building and scaling cannabis banking programs in 35 states — we shed light on the current cannabis banking opportunity in Kentucky, how to practically and safely participate in the market, and how to prepare for eventual expanded legalization in the state.
Topics Include:
- Hemp & CBD 101: Fundamentals and Terminology
- Hemp Legislation, USDA Regulations and State Rules
- What You Need to Know About Banking Hemp
- What You Need to Know about Banking Businesses Selling CBD and Other Cannabinoids
- How to Set Up a Safe and Effective Program
- How to Prepare for Expanded Legalization in Kentucky
Presented By
Paul Dunford
Co-Founder and VP of Knowledge
Green Check Verified
Stacy Litke
VP, Banking Programs
Green Check Verified