Financial Institutions

More and more financial institutions are working with cannabis businesses. According to the U.S. Department of Treasury, there are well over 400 banks and credit unions nationwide servicing cannabis clients.

CCA will work with interested financial institutions and their prospective cannabis clients to provide accurate and cost-effective licensing and compliance information that ensures that the revenue generated from the client’s commercial cannabis activity is from fully licensed and compliant activities. Consent from prospective cannabis clients must be obtained before information is shared with financial institutions that might wish to bank them.

For more information, contact Cara Martinson at cmartinson@cca.ca.gov, or 916-526-7082.