Ian Stewart (Partner-Los Angeles) will speak on the “Impact of Cannabis on Financial Services” at the Society of Financial Service Professionals’ Institute on February 9−12, 2020, in Coronado, California. The interplay between the state legal commercial cannabis market and federal illegality causes a unique dilemma for the financial services industry. As the cannabis industry matures at the state, federal and international levels, the emergence of a global market is creating numerous complex risks for financial institutions. This presentation will provide a current description of the cannabis, hemp and CBD industries along with a discussion of the status of federal legality and the state commercial cannabis markets, as well as various risk management topics for those who provide financial services to the cannabis industry.
More information and registration are available on the event website.