Get in Touch with Our Cannabis Banking Team
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Cannabis Banking is a highly regulated and complex industry underpinned by compliance. You’re going to need help.
Contact UsEver since the State of Washington legalized cannabis for adult use in 2014, Harris Sliwoski has been advising banks and credit unions on serving cannabis businesses. Today, we advise financial institutions across the United States on a variety of issues related to cannabis banking. Our client roster extends from limited asset credit unions to the U.S. federal government.
Banking is a highly regulated and complex industry, underpinned by compliance. With cannabis, banking has fragmented into two distinct sectors: marijuana and hemp. Marijuana businesses tend to be served by state-chartered credit unions, acting in compliance with dated federal guidance commonly referred to as the “FinCEN Guidelines.” Hemp businesses are also served principally by credit unions (state- and federally-chartered), with banks exploring the space in earnest after adoption of the 2018 Farm Bill.
Our lawyers have a diverse background of corporate and regulatory legal experience, including at law firms specializing in financial services. The cannabis banking work we do includes the following:
The next few years will bring rapid changes for banks, credit unions and cannabis customers and members, particularly on the hemp side. Marijuana banking is also set to take off in the event of further federal guidance or implementation of proposed legislation such as the SAFE Act. Let our cannabis banking lawyers help get you there.
Attorneys at Harris Sliwoski advise and represent financial institutions across all levels of operation, from local credit unions to mid-sized banks to large-scale international organizations. Our international and national cannabis banking lawyers have years of combined experience in the cannabis industry and keep pace with the latest precedents and ever-changing regulations regarding cannabis banking law.
Our reputation as a worldwide leader in cannabis banking emphasizes our commitment to helping each client navigate various industry challenges. Harris Sliwoski enables banks globally to work with cannabis businesses while meeting local, state, federal and international regulations. We have emerged at the forefront of the industry by litigating precedent-setting cases and educating the public through various media outlets.
Beyond advising individual businesses, our cannabis attorneys are committed to fortifying, defending, and building credibility for the industry as a whole. Harris Sliwoski’s cannabis business lawyers are more than legal strategists—they are thought leaders: forward-thinking bloggers, educators, writers, and speakers.
They regularly write articles for legal journals and frequently post to our acclaimed and widely followed Canna Law Blog. We speak to business and trade groups, academic institutions, and government bodies on a variety of cannabis legal issues, and our cannabis lawyers are frequently quoted by global, national, and local media outlets. We also have compiled (and are forever adding to) a Cannabis Glossary, to help with industry terminology.
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Get started by filling out the form, or call 1-888-330-0010 to schedule an initial consultation.
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