Thank you for sharing!

Your article was successfully shared with the contacts you provided.
growning marijuana economy Source: ShutterstockProfessional/Shutterstock

The growing interest among credit union executives in the potential opportunities in serving the multi-billion-dollar cannabis and hemp industries has led trade organizations to organize national conferences.

Last year, for example, NASCUS held what is believed to be the first national credit union Cannabis Banking Symposium in Los Angeles that was a sell-out success, Brian Knight, NASCUS EVP and general counsel, said. The trade group is holding a second annual conference in Chicago on June 17-18 and made a slight name change to go along with it, the Hemp & Cannabis Banking Symposium. Hemp plants, containing little or no THC, the chemical that induces the high sensation, were federally legalized and are processed to produce all types of consumer and industrial products.

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?

Peter Strozniak

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.