Learn How to Bank the Cannabis Industry

Sundie Seefried, the CEO of Partner Colorado Credit Union, which has a cannabis-related division, Safe Harbor Private Banking, is a champion of the cannabis industry, having provided banking services to more than 100 cannabis businesses and now processes $80mm of deposits per month. We reported recently that her bank was approaching its limit on the amount of deposits it can accept from cannabis companies and that she was interested in helping other banks serve the industry. As part of that effort, Seefried will be hosting a free webinar “Cannabis Banking Q&A” on July 13th from 10AM-noon MDT.

Sundie will address how credit unions and other financial institutions can help their communities and membership or owners by accepting deposits from the cannabis industry in a federally compliant manner. The webinar will educate about the challenges and solutions for cannabis banking and detail regulatory and legislative issues and should be of interest to not only financial institutions but also business owners, investors and risk managers. Sundie will be taking questions after a brief presentation, and attendees may also submit them in advance.

Register for the free webinar

Exclusive article by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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