Banking for Cannabis
Banking for Cannabis
Navigate the challenges facing the cannabis industry in lending, raising capital, payroll and deposit banking. Learn what to expect, and best practices when seeking a new Financial Institution partnership. We will discuss fees, nuances, reasonable expectations, and troubleshoot common issues facing the industry when it comes to running your cannabis business from a financial standpoint. We will also have time for a Q&A from the audience.
Allison Smith
Banking for Cannabis
Allison Smith has over 20 years’ experience in banking with auditing, information security, marketing & compliance. In 2019, as the VP of Relationship Banking for GW Jones Exchange Bank, Allison worked with the Federal Reserve to create Michigan’s first stand-alone Cannabis Banking Compliance Program. Allison has served with the Michigan’s CRA team holding community outreach and educational events all around SW Michigan. She has served as subject matter expert to the FRB & municipal consultant.