Thank you for sharing!

Your article was successfully shared with the contacts you provided.
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.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

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 (now Kinecta FCU) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer for more than 16 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

More from this author

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.