Friday, July 23, 2021
2:00 – 3:00 pm (Eastern Time)
With an industry that is projected to be worth $20 billion by 2022, interest in hemp is at an all-time high. But for banks considering or entering the space, banking hemp related businesses can be a daunting task. The new industrial hemp marketplace involves much more than simply banking farmers. It involves businesses involved in transportation, warehousing, processing, manufacturing, distribution, and wholesale and retail sales. And despite their federally legal status, hemp-CBD production is surrounded by a large gray area. States are taking individual--and sometimes drastically different-- approaches to regulation. This patchwork of state and federal regulations further complicate banks’ understanding of the regulatory and compliance requirements for banking CBD and hemp-related businesses.
Bankers know that expertise and practical advice, and know-how are critical to your program’s success. Join this informative banking webinar to discuss the latest developments on banking HRBs, including the risks, legal requirements, and challenges associated with various hemp businesses. We’ll provide an in-depth look at changes in federal law and an overview on state Hemp banking regulations. We’ll cover the key points of providing account relationships, loan products and treasury management services to hemp-related businesses. Attendees are provided expert guidance on building an effective compliance framework for banking HRBs. Make sure you don’t miss out on this valuable information!
BONUS MATERIAL: Attendees will receive a hemp banking checklist to benchmark or help develop your compliant, Hemp and CBD banking program
Attendance verification for CE credits provided upon request.
If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Patti Webb, (614) 610-1877.
Webinar and Playback* ($295/$445)
*Playback has no expiration.
Additional Hookup - Registering another banker from a different location ($185/$225)