You don't have to wait for the SAFE Banking Act to become law to offer financial services to the cannabis industry. Banks in all 50 states already work compliantly with dispensaries, delivery services, ancillary cannabis businesses, CBD companies, and many others, giving them much-needed access to the financial system while providing your institution with a competitive advantage in one of the fastest-growing industries in the United States.
In this guide from Fincann, the Cannabis Banking Authority, you'll learn:
The protocol financial institutions currently follow to compliantly bank the cannabis industry
Which merchant-processing services are fully above board and currently allow for cannabis dispensaries and delivery services
The limitations and opportunities for lending to the cannabis industry