Looking for Banker’s Toolbox? You are in the Right Place!

Banker’s Toolbox is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to Banker’s Toolbox Community Online.

Make yourself at home!

Looking for MainStreet Technologies? You are in the Right Place!

MainStreet Technologies is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the contact us button here, or the link in the top navigation, to reach product support for your MST products.

Make yourself at home!

Looking for Sageworks? You are in the Right Place!

Sageworks is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to your Sageworks products.

Make yourself at home!

Back to Webinars

The Cannabis Conundrum – Understanding, Identifying, and Managing Risk and Opportunity for Financial Institutions

Thursday, May 30, 2019
1:00 PM

The changing regulatory environment puts financial institutions in a cloudy area regarding banking cannabis-related businesses (CRBs). While it can seem lucrative to bank these businesses, it doesn’t come without risks. For some financial institutions, they want to avoid these customers, but don’t know how to properly identify them. In this webinar, Steven Kemmerling, the founder and CEO of CRB Monitor and Terri Luttrell, Abrigo Senior Manager of Strategy and Engagement, will share the issues and considerations facing financial institutions that both (a) do not currently, knowingly bank the sector and (b) those that do or are thinking about beginning these relationships. Join to learn:

  • The current state of the legal, regulatory, and market landscape(s)
  • How to identify and bridge cannabis-related policy and procedure gaps
  • Risk vs. Reward – How and why more FIs are banking the cannabis sector

The webinar will take place at 2:00pm ET / 1:00pm CT.

ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The Cannabis Conundrum – Understanding, Identifying, and Managing Risk and Opportunity for Financial Institutions has been approved for 1.25 CAFP, 1.25 CFSSP, 1.25 CRCM credits. This statement is not an endorsement of this program or its sponsor. The Cannabis Conundrum has also been submitted to ACAMS and ACFCS for CE credit review and is pending approval.

Meet Your Presenter

Steven Kemmerling

Mr. Kemmerling is the CEO of CRB Monitor (formerly MRB Monitor), which provides robust corporate intelligence on cannabis-related businesses (“CRBs”) and the people who own and manage them. CRB Monitor helps financial institutions understand, identify and manage marijuana-related risks and opportunities through data. CRB Monitor aggregates data from hundreds of sources and organizes it into one comprehensive database for use in screening, on-boarding, enhanced due diligence, and on-going monitoring. Prior to founding CRB Monitor in 2014, Mr. Kemmerling worked as a corporate M&A investment banker — including time at Keefe, Bruyette & Woods advising banks — and co-founded a securities litigation consulting firm.

Full Bio