Growing Beyond Economic Shifts: Banking on the Resilient Cannabis Industry

This session is designed for growth-focused banking professionals who are ready to explore the cannabis sector, take a less siloed approach, and work closely with compliance teams.

Business development and compliance teams can work together to unlock strategies for your institution’s growth by scaling a successful cannabis banking program.  While the cannabis sector is constantly changing, and high risk industries thrive in any economic environment, this space offers consistent opportunities for low-cost deposits and lending.  Green Check’s subject matter experts, with deep regulatory experience and extensive knowledge of the cannabis industry’s expansion projections, will host this webinar. In addition, hear from Ben Shreffler, VP of Customer Success from Regent Bank, who will share his institution’s cannabis banking framework for interdepartmental success for growth. 

Topics Include: (60 minutes)

Fundamentals, Market Opportunity, Roles

• Cannabis banking regulatory guidelines
• Understanding the current cannabis market: risks and rewards
• Cannabis banking through the lens of compliance
• The role of business development and pursuing cannabis related businesses (CRBs)

Cross-Departmental Collaboration:

• End-to-end process development between sales and compliance
• Onboarding new accounts
• Monitoring deposits, transactions, and more

Account Retention Strategies from a Best-in-Class Cannabis Banking Program:

• Building loyalty through compliance excellence
• Using compliance data for business growth
• Competitive differentiation through specialized cannabis banking expertise

Q&A (15 minutes)

Takeaways

• Copies of all presentation materials
• 90-day access to the recording