Organizers announce new national Credit Union Cannabiz Conference

The conference will aim to demystify how credit unions can deliver banking services for marijuana-related businesses.

A national Credit Union Cannabiz Conference, that will exclusively focus on how credit unions can provide banking services for marijuana-related businesses, will be held in Chicago in April, organizers announced Wednesday.

“There is tremendous opportunity, and tremendous risk, involved in banking cannabis funds,” CUCC Executive Director Amy Vigil said. “We realize that this is a new frontier that requires in-depth knowledge of cannabis-related businesses, of compliance and federal regulation. We aim to demystify how credit unions can serve this growing business.”

Vigil is vice president of association services for the Credit Union Association of New Mexico. Paul Stull, president/CEO of CUANM, also is involved with organizing the new conference.

Conference attendees will learn strategies for success and drawbacks of failed planning from leading business and industry experts.


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