Even with legislation stalling, the IRS is beginning to weigh-in on the marijuana business. This is big business! Banks are making a great deal of revenue from customers in the marijuana industry. This program is an update and a review on your legal requirements for marijuana related businesses.
What You Will Learn
- Definition of marijuana in your state
- Understanding the business of marijuana
- How marijuana related businesses work with the IRS
- Review key requirements for SARs, CIP and CDD
- IRS FAQs for marijuana
- Using third party vendors
- Building your business plan to handle customers in the industry
- Is it time to move ahead with or without legislative support on the federal level
Who Should Attend
Bank Management, BSA, Compliance, Marketing, Operations