Wait: banking legal cannabis is not actually illegal? Explain how.
This presentation is designed to explain the interplay of Federal Banking Law and Regulations and Constitutional Law for financial institutions interested in banking emerging industries, like cannabis and hemp / CBD. The presentation will include discussion of primary legal sources and regulatory statements that can be used to support the case for banking legal cannabis with your General Counsels, Chief Compliance Officers, Chief Risk Officers, and other key FI stakeholders. It will also review how the federal prohibition creates operational limits for compliant MRB banking programs.