Your Workplace HoRizon

Managing Finances and Banking in the World of Lawful Cannabis Business

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Sinopse

GreenleafHR returns today, building on the conversation from podcast #8, season 1,  "Lawful Cannabis Enterprises...." .  JasonThomasy, VP, GreenLeafHR is back in studio with Greg and the Podcast team. Joining in with us is Jason's guest, Rick Lindsay of Seven Points Financial, a financial services company dedicated exclusively to serving this sector.Rick and his organization specialize in dealing with the nuanced world of cash management in the budding cannabis business world.  He has created banking relationships and strategic alliances with a number of businesses of this type and shares his knowledge with the team today.From legacy cash, currency transaction reports, financial audits, and so on, the cash management needs of this new business sector brings numerous challenges with it.  From managing both operational and reputational risk, to interstate commerce regulation,  the big-box nationally chartered banks traditionally run for the hills when they hear the words "cannabis" or "