Friday
Jun 14
2019

Hemp Farming Act: CBD, FAQs & Impact on Financial Services

Registration Options & Pricing

Please select your membership status.


Live Webinar Includes

  • One connection to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Presenter’s Contact Info for Follow-Up

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your bank
  • Presenter’s contact info for follow-up
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8:00 am – 9:30 am PT
9:00 am – 10:30 am MT
10:00 am – 11:30 am CT
11:00 am – 12:30 pm ET

The Hemp Farming Act of 2018, as passed in the 2018 Farm Bill, allows farmers to legally grow industrial hemp and makes cannabidiol (CBD) – a hemp byproduct – legal at the federal level. This is big news! Subject to state law, financial institutions can begin opening accounts and lending to industrial hemp and CBD-related businesses. But many questions remain. How can you distinguish a legal hemp crop from an illegal one? What ongoing due diligence and reporting will be expected? What are the SAR implications? Join this informational session to learn the answers to these questions and more!

Attendance certificate provided to self-report CE credits.

HIGHLIGHTS

  • What was legalized under the Hemp Farming Act
  • Understanding what is and isn’t permitted under your state’s law
  • Initial and ongoing due diligence to detect and monitor hemp and CBD activity
  • Suspicious activity reporting requirements
  • Legislation on the horizon for banking marijuana-related businesses

  • TAKE-AWAY TOOLKIT
    • Sample policy language
    • Hemp/CBD enhanced due diligence worksheet
    • Employee training log
    • NEW – Interactive quiz

WHO SHOULD ATTEND?

This informative session will benefit new accounts personnel, branch managers, operations personnel, BSA officers, and compliance officers.

DON'T MISS THIS RELATED WEBINAR!

"Banking Marijuana-Related Businesses"
Thursday, March 21, 2019

All webinars are available for six months after broadcast

 

NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

MEET THE PRESENTER

Brode Consulting Services, Inc.
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