Happy 4/20! Today, our team is celebrating by gearing up for two exciting events hosted by Burns & Levinson featuring experts and cannabis marketplace pros from across the industry.
CannaBusiness Advisory Webinar
Permissible Payments in Cannabis
Safer alternatives to cashless ATMs, blockchain, and more
Thursday, April 28 | 4:00 p.m. ET
Join industry trailblazers for a virtual discussion and industry advisory on the current state of permissible payment platforms in the cannabis industry and legal, ethical alternatives to cashless ATMs and blockchain.
Cashless ATMs are a popular method of payment for consumer cannabis purchases. However, the legality is questionable, and as cashless ATMs may be violating the policies of major credit card companies, the method may soon be shut down.
Frank A. Segall and Scott Moskol of Burns & Levinson, and Terry Neeley of West Coast AML Services, a top compliance advisor to cannabis lenders, will address how cashless ATMs and blockchain payment options may violate credit card company policies and expose dispensary operators, customers, and their banks to potential claims.
Tina Sbrega of Lighthouse Biz Solutions, and Cathy Corby Iannuzzelli of KindTap Technologies, will discuss their partnership that offers revolving lines of credit to consumers purchasing cannabis at dispensaries in a compliant manner, and independent of the major credit card companies who cannot allow cannabis purchases due to the plant’s federal illegality.
Save the Date!
Sixth Annual State of the Cannabis Industry Conference
In person at The Westin Waltham Boston. Virtual option to be announced soon.
Monday, October 17
The State of the Cannabis Industry Conference returns for a sixth year, convening national experts and industry leaders to share unique strategic legal and financial perspectives on forecasted trends, regulations, M&A, investments, and more.
Stay tuned for details on panelists, topics, and the official agenda. In the meantime, check out recordings from the 2021 panels.
receive news & alerts
Yes! I’d like to receive updates with firm news and insights that are relevant to me!