Cannabis Banking Working Group (San Diego)

The fourth meeting of the Cannabis Banking Working Group will be held July 7, 2017, at 9:00 AM in San Diego, California. About the Cannabis Banking Working Group On November 8, 2016, California voters passed Proposition 64, legalizing the use of recreational cannabis. However, the use, possession, and sale of cannabis remain a federal crime. The federal government still considers marijuana a Schedule I drug under the Controlled Substances Act. As a result, banks and other financial institutions generally refuse to provide services to cannabis businesses. To solve this problem, State Treasurer John Chiang has convened the Cannabis Banking Working Group (CBWG). The working group, made up of representatives from law enforcement, regulators, banks, tax authorities, local government and the cannabis industry, is charged with finding practical and timely ways to address the state-federal conflict. Time and Location: Town & Country Hotel California Room 500 Hotel Cir N San Diego, CA 92108 Agenda: Agenda for San Diego's Cannabis Banking Working Group Meeting! 1. WELCOME AND INTRODUCTION 2. PANEL DISCUSSIONS  Panel A: Community Panel a. Chuck Lowery, Deputy Mayor, City of Oceanside b. David Chelette, Development Board Vice Chairman, Iipay Nation of Santa Ysabel  Panel B: Federal Legislation a. Dana Rohrabacher, U.S. Representative, California’s 48th Congressional District, House of Representatives b. John Hudak, Deputy Director, Center for Effective Public Management, Brookings Institution (author of Marijuana: A Short History) c. Aaron Smith, Executive Director, National Cannabis Industry Association  Panel C: Financial Institutions Regulatory Compliance a. Julie Robinson, Senior Vice President & Compliance Risk Manager, River City Bank b. Sundie Seefried, CEO, Partner Colorado Credit Union c. Ali Fakhri, CEO, eventhi.io  Panel D: Regulatory Compliance Systems a. Adam Crabtree, CEO, Nationwide Compliance Specialists b. Derek Davis, Founder, California Cannabis CPA c. John Vardaman, Executive Vice President & General Counsel, GetHypur 3. PUBLIC COMMENT 4. CLOSING REMARKS Read More: http://www.directcannabisnetwork.com/cannabis-banking-working-group-looking-resolve-issues http://www.directcannabisnetwork.com/cannabis-banking-working-group-holds-second-meeting/ Cannabis Banking Working Group: http://www.treasurer.ca.gov/cbwg/index.asp