In this episode, Jim Petkovits, Vice President of Education at Wespay, sits down with Erin O'Donnell, co-founder of the Association for Cannabis Banking (ACB), to unpack the evolving world of cannabis banking. As cannabis legalization grows, financial institutions face both risks and opportunities in serving this high-risk industry. Join us as we break down compliance challenges, fintech innovations, and why cash is still dominant. We cover best practices, the evolving regulatory landscape, and what the SAFE and SAFER Acts could mean for the future of cannabis banking.
Check the episode description for a link to Erin’s newly published book on cannabis banking, available at https://www.amazon.com/Cannabis-Banking-Frameworks-Cultivating-Compliance-ebook/dp/B0DVDFM16T?ref_=ast_author_mpb
If you are interested in becoming a Wespay Member, more information can be found on our website at https://www.mywespay.org/public/s/about-wespay/membership
