Cannabis Banking Certification

with
Paul Dunford
  • On-Demand
  • Certification
$999.00
Training Includes:
  • Cannabis Banking Certification
  • All resources and training materials
  • An on-demand recording will be available after each live presentation.

Cannabis banking expert Paul Dunford will guide you through information-packed sessions filled with immediate action items. You will learn how to support a cannabis banking program in your institution while limiting risk and maintaining legal compliance.

Topics Covered

  • Initial Due Diligence and Risk Rating
  • Sales Validation
  • Ongoing Due Diligence and Account Monitoring
  • FinCEN Reporting

Training Overview

Earn your Accredited Cannabis Banking Professional credential from CareerLearning, powered by Green Check Verified

The cannabis industry is growing exponentially each year, and with this growth comes extraordinary opportunities for financial institutions to offer services to the largely underbanked cannabis industry. It’s estimated that revenues from direct marijuana businesses alone will exceed $48 billion by 2025, only part of a larger $125 billion cannabis opportunity that includes hemp, CBD, and other support businesses.

ACBP is an advanced cannabis banking credential that demonstrates that the holder is versed in the fundamentals of cannabis banking and is ready to participate in any of the major roles associated with running a cannabis banking program—from compliance to business development to operations—in a way that will meet examiners’ expectations.

This certification program will enable you to speak knowledgeably about the industry, differentiate between various types of cannabis businesses, and risk rate products and services (including lending). Aware of state law and federal guidance, you will be able to apply this knowledge to the practice of cannabis banking through your familiarity with the four basic cannabis banking workflows:

  • Initial Due Diligence and Risk Rating
  • Sales Validation
  • Ongoing Due Diligence and Account Monitoring
  • FinCEN Reporting

With an ACBP credential, you can prove that you have the skills to create cannabis banking risk assessments and financial models, reach out to the market to find and onboard desirable cannabis business customers/members, and develop the policies and procedures necessary to run a cannabis banking program. You will be well-suited to create or lead a successful cannabis banking program that aligns with your financial institution’s overall strategic plans.

Cannabis Banking Certification

Session 1: Introduction To Cannabis

  • Terminology
  • Federal status and FinCEN's guidance (FinCEN)
  • State/territory marijuana and hemp programs

Session 2: Understanding Cannabis Businesses

  • Defining cannabis businesses
  • Restrictions and limitations
  • The business of cannabis: from license application to daily operations

Session 3: Assessing Risk

  • Categories of risk
  • Risk mitigation strategies
  • Risk-rating CRBs by type

Session 4: Financial Modeling

  • Factors that define market opportunity: CRB type, geography, regulations, etc.
  • Strategic goals: Accommodate, Pursue, Innovate
  • Costs to the financial institution

Session 5: Building A Cannabis Banking Program

  • Cannabis banking policies
  • Cannabis banking procedures
  • Products and services
  • Bringing a program to the Board

Session 6: Running A Cannabis Banking Program

  • Account onboarding and enhanced due diligence
  • Cash handling
  • Market outreach

Session 7: Monitoring CRB Accounts

  • What is “normal and expected” activity?
  • Red flags
  • Taking corrective action
  • FinCEN reporting

Session 8: Case Studies & Frequently Asked Questions

Upon certification, you will receive a Credly digital credential to demonstrate your knowledge. You can share your verifiable badge in email, LinkedIn, and other online profiles.

Who Should Attend?

  • Board members

  • Presidents and CEOs

  • CFOs

  • Compliance and risk officers

  • Branch operations managers

  • Business development teams

  • Lending officers

  • Senior leadership teams

  • BSA compliance officers

  • Branch operations staff

  • Business development staff

  • Lawyers

  • Auditors

  • Examiners

  • Chief risk officers

Expert Presenter

Paul Dunford

  • Co-founder of Green Check Verified
  • VP of Knowledge
  • Oversees the development and management of compliance programs
  • Active member of the cannabis banking regulatory community, contributing to trade publications and speaking virtually and in-person across the country on the subject

See What Others Are Saying:

"Dunford is excellent"

- Steve P.

Certifications

Employers particularly appreciate BankersWeb certifications because they represent definitive confirmation of the mastery of the subject area.

Please follow these steps to earn your certification:

  • Attend all the training sessions in their entirety.
  • Gain access to the final exam at the conclusion of the last session.
  • Take the final exam and receive a score of 80% or better.   

If you have any questions about the certification process, please get in touch with us. We look forward to your participation!

CareerLearning Quality Commitment

CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.

For Teams

Have a team that needs training? Our enterprise customers receive custom branding, reporting and analytics tools, and of course, preferred pricing.