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Legal experts Dennis Baranowski, left, and Nema Daghbandan, right, discuss best practices for cannabis business lending.

PORTLAND, Ore. – Cannabis businesses loans are a territory most credit unions would choose to steer clear of, but at the 2017 CUBG National Conference Tuesday, Dennis Baranowski and Nema Daghbandan of Geraci Law Firm offered pointers on how to do just that to a small group of curious lending executives during a breakout session, “What Every Credit Union Should Know About the Green Rush – Lending to the Cannabis Industry.”

Their Irvine, Calif.-based firm provides services related to the legal aspects of loans, including cannabis business loans. While marijuana remains federally illegal, the federal government has released enforcement memos that allow marijuana businesses to carry on with their operations without being prosecuted.

Natasha Chilingerian

Natasha has served as an editor for CU Times since March 2015. She also served as a communications specialist for Xceed Financial Credit Union in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer for more than 14 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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