2020 Northeast Cannabis Business Conference
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Moving Money, Banking Money, and Cannabis Cash
(
Room
207
)
19 Feb 20
9:00 AM
-
10:00 AM
Tracks:
Regulations and Business Services, Retail, Delivery, & Distribution
With the Wall Street Journal placing '18 domestic sales at $11.2 billion, cannabis cash is in desperate need of banking. This panel session will provide an overview of both medical and adult use marijuana cash management and banking. Beyond helping dodge common landmines, this presentation provides a tool kit to methodically address issues and forge/maintain long term banking/financing relationships, how to legally transport cannabis cash between the states and how to bank cannabis proceeds internationally. This presentation is geared towards plant-touching businesses, financial institutions, ancillary service providers and investors.
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