Episode 12 – Introduction to Cannabis Banking with StandardC

By WBA Engage Manager posted 07-13-2021 11:51


In this episode, we chat with Robert Baron, Chief Experience Officer at StandardC, about cannabis banking. We discuss where the state of cannabis banking is currently at and how the Safe Banking Act impacts cannabis banking. We discuss the tension between growing a customer base and navigating the challenges of cannabis banking. We also chat about how it is even more important now for banks to know their customers’ customers in this current landscape. And finally we talk about the risks of cannabis banking and how to mitigate those risks with technology and automation.