Banking & Medical Cannabis in Illinois – What You Need to Know to Do Business with the Medical Cannabis Industry

September 9, 2014
SmithAmundsen; Webinar

Recently, we heard from a medical cannabis industry client whose bank had asked them to find another financial services provider. This action, likely taken out of fear of the unknown, caused the bank to lose a multi-million dollar banking client. Your institution can legally work with the medical cannabis industry in Illinois. The evolving regulations surrounding medical cannabis can certainly be difficult to navigate. Lenders, growers, distributors and other industry vendors are equally confused and concerned. Join Mike McGrory and Mike Cortina in a one-hour, complimentary webinar where they will untangle the mass of regulations and provide guidance to financial institutions on legally banking the medical cannabis industry.