Lending to the Cannabis Industry


Above and beyond the considerable BSA/AML risks associated with accepting deposits from marijuana related businesses (“MRB”), credit risk is now emerging as financial institutions begin to lend to their marijuana related business customers. A Chief Credit Officer, an expert in federal law enforcement, and an attorney will provide an overview of the California marijuana industry and address the unique credit risks associated with providing credit to marijuana related businesses.

Terry Neeley
Founder & Managing Director
West Coast AML Services, LLV

Richard P. Ormond, Esq.

Dante Tosetti
Chief Credit Officer
Beacon Business Bank