Cannabis Banking and Compliance
SAFE Banking Act
Did you know that Congress is considering cannabis banking policy reform? The Secure and Fair Enforcement (SAFE) Banking Act has been reintroduced in late April. The American Bankers Association (ABA) has sent a letter to congressional leaders in support of cannabis banking reform. With state licensing of cannabis operations now legal in 38 states, it is imperative for the Senate to advance the act to ensure public safety and prevent money laundering.
FREE Cannabis Inventory Training Course
For a limited time, we’re offering a free 1-hour Cannabis Inventory Compliance training course for financial institutions! Learn how inventory and revenue flows between each license type, common areas of non-compliance, failure patterns, and cannabis inventory best practices. We are cannabis inventory compliance experts. Click here to schedule your free inventory training course today.
Cannabis Banking Compliance Program
Most cannabis banking programs do not consider training, onsite (facility) inspections, daily inventory compliance management and associated reporting. The Global Go Cloud solution automates each of these critical areas to ensure the financial institution can pass its regulatory inspections. Our solution and support team has more than 8 years of cannabis banking training and program management experience.
Cannabis Banking Compliance Training Course
The Global Go Cloud has the cannabis industry’s ONLY cannabis banking training course with cannabis operational statistics, failure patterns and in-depth inventory and financial management instruction. Need to know where your banked cannabis operations will fail? Our 8-hour Cannabis Banking Compliance Training Course has everything you need to get started.
5-Step Cannabis Banking Compliance Framework
1. Application processing, screening & acceptance
2. Account setup & reporting
3. Routine compliance monitoring
4. Secure cash management & deposit verification
5. On-going due diligence & compliance training
Reach out to us today by filling out the form below to request your copy of our leading white paper - How to Bank Cannabis: A Compliance Guide for Financial Institutions. Leverage the cannabis industry’s best compliance training course and proven 5-step cannabis banking compliance framework.
Workflow Automation!
The Global Go Cloud has partnered with RiskScout, a leading provider of expert guidance and efficient technology solutions to reduce the operational burdens of BSA and the back office. RiskScout’s commercial BSA platform helps financial institutions streamline the compliance burden of banking “higher-risk” markets by automating onboarding and ongoing compliance activities. Reach out to us today to learn more.
Rethink cannabis banking compliance.
Evolve to automated Cannabis Banking Risk Management.