2022 Cannabis Banking Symposium

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2022 Cannabis Banking Symposium

June 14 @ 8:00 am - June 15 @ 5:00 pm

Join us on June 14-15, 2022, NASCUS is offering an event devoted to the cannabis landscape designed to provide financial institutions with the latest updates on the cannabis industry.
With special guest, NCUA Board Member, the Honorable Rodney E. Hood.

The US legal cannabis industry is predicted to top $30 billion in 2022. As a result, the demand for banking services will continue to intensify. Credit unions need to understand the complicated policy questions related to the cannabis industry and every examiner needs to have a working understanding of the state-licensed cannabis industry to understand a credit union’s true risk profile in states where marijuana has been legalized.

Throughout the entire symposium, understand the critical role vendors can play in enhancing a program and how to determine whether third-party assistance or self-contained compliance is the best path forward. And of course, the hot spots of compliance and audit will be explored for financial institutions and examiners.

Topics covered include:
  • State Cannabis Legalization: Today and Tomorrow
  • Cannabis, Insurance, and Data Analytics
  • Hemp Banking Updates
  • Cannabis Banking: Lessons Learned and Board Governance
  • Compliance Considerations

Conference Admission Price:

  • $700 members
  • $850 non-members

Location: Gaylord Rockies Resort & Convention Center
6700 North Gaylord Rockies Boulevard, Aurora, CO 80019
phone: (720) 452-6900

Hotel block reservations: Click here to access the event hotel block booking website

  • Hotel Reservation cut off: May 23, 2022
  • Check-in on Monday, June 13
  • Depart on Wednesday, June 15

Room Rate: $229 per night


Agenda

Tuesday, June 14, 2022

7:30 am – 8:00 am Breakfast

8:00 am – 8:30 am Opening Remarks
Mark Valente, Commissioner of Financial Services, Colorado Department of Regulatory Agencies; Division of Financial Services
Mike Williams, President/CEO, Colorado Credit Union
The Honorable Rodney Hood, NCUA Board Member

8:30 am – 9:30 am State Cannabis Legalization: Today and Tomorrow
Panel Discussion:
Zane Gilmer TDB Partner, Stinson LLP,
Katrina Skinner, General Counsel, Chief Banking Officer, Simplyfia
David C. Bass Partner, KNCH LLP

  • The discussion will survey the latest developments in state legalization initiatives. Panelists will share their perspectives of the legal, political, and philosophical paths ahead.

9:30 am – 10:30 am Cannabis Banking: Lessons Learned and Board Governance
Todd Gunderson, CEO,  CU1

  • Financial institutions that serve MRBs/CRBs will share their perspectives: lessons learned, board governance, pitfalls, & what banking cannabis means to them.

10:30 am – 10:45 am Comfort Break

10:45 am – 12:15 pm Cannabis and Data Analytics
Adam Crabtree, NCS Analytics

  • In this changing and dynamic market, data analytics is key to understanding the cannabis industry.

12:15 pm – 1:30 pm Lunch

1:30 pm – 2:30 pm Hemp Banking Updates
Zane Gilmer, Partner, Stinson LLP

  • If you are currently banking or contemplating banking hemp-related businesses, attendees must understand the unique nuances of the hemp industry and current regulatory updates everyone should know.

2:30 pm – 2:45 pm Comfort Break

2:45 pm – 3:45 pm Vendor Spotlight Green Check Verified 
Mike Kennedy, Founder

  • Cannabis Banking Compliance Software

3:45 pm – 4:45 pm Cannabis Banking and NCUA’s Current Take on Legalization
The Honorable Rodney Hood, NCUA Board Member

4:45 pm – 5:00 pm The Day’s Wrap-up


Wednesday, June 15, 2022

7:30 am – 8:00 am Breakfast

8:15 am – 8:30 am Opening Remarks

8:30 am – 9:45 am State and Federal Agency Views on Cannabis Banking
Mark Valente, Commissioner of Financial Services, Colorado Department of Regulatory Agencies; Division of Financial Services

9:45 am – 10:30 am Vendor Spotlight Shield Compliance
Jenna Meyer, Director of Client Success

  • Cannabis Compliance Software

10:30 am – 10:45 am Comfort Break

10:45 am – 11:30 am Cannabis and Insurance
Scott Eckburg, CEO CC Insurance

  • Whether bond insurance for the financial institution or the myriad of business insurance products the financial institution would expect to find in the MRBs/CRBs, understanding the cannabis business model necessitates understanding its insurance coverage.

11:30 am – 12:30 pm Compliance Considerations
Panel Discussion:
Carole McCormick, Chief Compliance Officer NorthBay Credit Union and Higher Growth CUSO
Deirdra O’Gorman, CEO, DX Consulting and Empyreal Logistics
Katrina Skinner, General Counsel, Chief Banking Officer, Simplyfia

  • This session will review the compliance program considerations for banking MRBs/CRBs. With industry changes, it is important to keep up with the latest trends and issues.

12:30 pm – 1:30 pm Lunch

1:30 pm – 2:15 pm Vendor Spotlight DocFox 
Angi Milano, Account Executive

  • Cannabis Compliance Software

2:15 pm – 3:00 pm Cannabis Payments
Tyler Beuerlein, Strategic Business Development Officer, Safe Harbor Financial

3:00 pm – 3:30 pm Wrap-up and Adjournment

Details

Start:
June 14 @ 8:00 am
End:
June 15 @ 5:00 pm
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