Research and Markets has announced the addition of the "Banking and Marijuana: When Federal and State Laws Collide" webinar to their offering.

Marijuana has become a tax resource for states and a profit maker for those lucky enough to get the golden ticket. With almost 1/2 of the states allowing marijuana in one form or another and schools, police, state and local governments benefiting from the resulting taxes, how we deal with the conflict between federal and state laws and the inherent conflicts in the banking system will determine how fast and successfully the industry, market and tax revenues grow.

Banking is the entry way into the financial markets for many. The common act of writing a check, using a debit card or even making an online banking transfer is just everyday things, but for the Cannabis industry these opportunities can and have been denied.

While there are a handful of financial institutions that provide services to the industry, there remain substantial hurdles necessary to allow them to do so. In this seminar we will discuss the opportunities that the banking industry has to provide the services, the implications of doing so and how operators and participants in the Cannabis industry can assist their bankers in complying with their obligations.

Course Objective:

The Cannabis industry exists in a legal grey area. Participants in the industry and those that provide support to it are potentially subject to the same criminal penalties and scrutiny. Therefore, if you are one of those, your compliance program is one of the most important factors in dealing with the authorities. By having a program that addresses the needs of the regulatory authorities, an operator is able to provide documentary support to those counterparties that have an interest in conducting business with you.

For a bank, the regulatory burden placed on operations is normally substantial but when cannabis related accounts are included the burden can be crushing, we will discuss the manners in which business and oversight may support each other and provide for a profitable and compliant relationship with your customers.

Cannabis operators, bank compliance and operations personnel and AML/BSA officers should attend to learn how to work with each other in a shifting environment in order to reduce compliance and oversight burdens.

Target Audience:

This webinar will provide valuable assistance to all personnel in:

- Risk and Compliance Management.

- AML/BSA Officers

- Consultants in the AML/BSA Industry

- Developers of AML/BSA software

- Regulatory Compliance Associates and Managers

- Cannabis operators & compliance personnel

Key Topics Covered:

Course Outline:

- Overview of state law as it applies to the Cannabis industry

- Current stance of federal authorities; existing federal law and policy

- Compliance obligations of banks providing financial services to operators

- Operator's obligations and compliance requirements to industry and institutions

- Moving from a cash only system to one that is embraced by the current or future banking system

For more information about this webinar visit http://www.researchandmarkets.com/research/zcm4z6/banking_and