<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1018706268302959&amp;ev=PageView&amp;noscript=1">
Knowledge • News • Insights
In Partnership With

Cannabis, Hemp and CBD: How to Bank It and How to Not

Michigan Business Network
August 19, 2019 3:00 PM

Michigan Bankers Association logo

The continuous changes in state marijuana laws, coupled with significant shifts in federal policy, have led to conflicting signals when it comes to banking marijuana-related businesses (MRBs). Michigan Bankers Association will take a deep dive into the latest developments on MRBs, including reviewing the current state of marijuana regulations.

So,if you're interested in this topic the session will be in Lansing, MI, October 11th 2019.


Speakers: Bob Hendricks, Warner, Norcross + Judd; Rodney Martin, Warner, Norcross + Judd; Patricia Herndon, Michigan Bankers Association

Learning Objectives:

• Federal law vs. state law

• Licensing of adult use

• Steps to bank

• Steps to not bank

• Regulatory update

• Due diligence

• NCS system implementation

• Federal banking bill relief

• Federal legislative relief, SAFE Banking Act Status

• Industrial hemp and CBD and implications

Lunch sponsored by Shield Compliance.

9:00 a.m. - 12:30 p.m., again October 11, 2019.

Additional Resources:


CBD Oil and Your Bank

Opening Accounts for MRBs

Red Flags for Money Laundering for the Front Line


Marijuana and Banking: Conflict of laws, banks caught in the middle A year later.

Ag Lending Day

Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.