With the unprecedented rate that states have expanded legal cannabis programs in just the past six months, it’s no wonder that an increasing number of financial institutions are now exploring this market and building programs capable of expanding alongside it. 

Nelson Mullins partners Brad Rustin and Craig Nazzaro joined the webinar "Cannabis Banking in 2021: The Legal Perspective." The event was part of a webinar series by Green Check Verified. They joined Mike Kennedy, Green Check Co-founder and Head of Product discussing their viewpoint on this evolving line of business and current and critical issues surrounding cannabis banking. The webinar explored current motivators for institutions pursuing cannabis banking, risks these institutions may face, and strategies for future-proofing cannabis-banking programs.

Brad Rustin chairs the firm’s Financial Services Regulatory Practice. His career began as a litigator focusing on consumer financial services litigation and defense of regulatory claims against chartered and non-chartered financial institutions, finance entities, and money services businesses.

Craig Nazzaro advises a variety of entities on all regulatory and compliance issues that impact the financial services industry including banks, non-bank lenders, servicers, investors, third party payment processors, and debt collectors. He also defends clients against charges of liability and regulatory violations.

Green Check Verified (GCV) offers a suite of compliant regulatory banking technology solutions and advisory services for financial institutions. Founded in 2017 by a team of technology, banking, and regulatory experts, we focus on the intersection between community banking and the emerging legal cannabis industry. Our goal is to provide the services and technology needed to connect these two industries in compliant and profitable ways. For more information about Green Check Verified, visit www.greencheckverified.com

View webinar here.