Angelica Larrañaga, AAP, AFPP, CAMS, CBAP, CCBCO, NCP, Director, Payments Education, recently attended the 7th Annual Cannabis Banking Symposium sponsored by the Association for Cannabis Banking (ACB) and The National Association of State Credit Union Supervisors (NASCUS). It was a great opportunity to get a sense of the current state of the industry from the perspective of our members, and she shares her key takeaways in a new blog post. 

A major theme throughout the event was that a successful cannabis banking program is not just a compliance decision, but begins with a top-down strategic decision. It requires full institutional buy-in, starting with the Board of Directors defining the institution's risk appetite. It's also critical to have a clear understanding of the market and the institution’s own objectives, whether they are focused on deposit growth, lending, or fee income.

Click Read More below to see Angelica's complete blog article.