Lending to Hemp Businesses,
Including Recent USDA
Interim Hemp Production Guidance
(90-minute webinar – recording also available)
Tuesday, January 7, 2020
12:00 PM Pacific 1:00 PM Mountain
2:00 PM Central 3:00 PM Eastern
There’s a new and fast-growing industry of potential commercial borrowers waiting to hear about your products and services. Are you getting in the game?
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Define what has been legalized under the Hemp Farming Act and USDA regulations
- Distinguish hemp-related, marijuana-related, and CBD businesses
- Identify the unique loan needs for the commercial hemp industry
- Use tools to establish the initial and ongoing due diligence for these borrowers
- Understand recent USDA interim hemp production guidance
WEBINAR DETAILS
The Hemp Farming Act of 2018, as passed in the 2018 Farm Bill, legalizes industrial hemp and hemp-derived CBD at the federal level. This is big news – an entire new industry of potential commercial borrowers waiting to hear about your products and services. Under the USDA’s laws and regulations and subject to your state’s laws, you can begin making loans and offering other products as soon as the 2020 growing season.
However, many financial institutions are understandably hesitant to serve hemp-related businesses, due to perceived risks and confusion about marijuana-related laws. Where do you start? How will you know a legal hemp crop from an illegal one? What ongoing due diligence and reporting will be expected? Join us for answers to these questions and more in this jam-packed session.
WHO SHOULD ATTEND?
This informative session is designed for loan officers, branch managers, operations personnel, BSA officers, and compliance officers.
TAKE-AWAY TOOLKIT
- Sample hemp/CBD lending policy language
- Hemp/CBD enhanced due diligence worksheet
- Employee training log
- Interactive quiz
DON’T MISS THESE RELATED WEBINARS!
Deposit Account Series:
Banking Cannabis Businesses: Hemp, CBD, THC & More
on Thursday, February 13, 2020
Hemp Farming Act: CBD, FAQs & Impact on Financial Services
on Friday, June 14, 2019
 MEET THE PRESENTER
Dawn Kincaid, Brode Consulting Services, Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has 17 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.
Please note: The live webinar option allows you to have one internet connection (from a single computer terminal). You may have as many people as you like listen and watch from your office computer.
THREE REGISTRATION OPTIONS
Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
- LIVE WEBINAR
The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that allows entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
- RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.
The recorded webinar may ONLY be ordered for 6 months following the live webinar. In addition, the download must be completed within 6 months of the live webinar date.
- BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Options 1 and 2 described above.
AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE
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