As the emerging global cannabis industry continues to expand in size and scope, the need for sufficient access to international financial services continues to grow with it. Cannabis companies at all levels need access to financial services to effectively operate, including access to banking, payment processing, and investment services.

The legal cannabis industry has made some strides on the financial services front in recent years. However, many hurdles and challenges remain, and entrepreneurs, investors, and industry service providers need to know the best practices and strategies for overcoming the unique financial system obstacles involved.

At the recent International Cannabis Business Conference in Berlin, a team of leading industry experts discussed this topic on a panel titled ‘The High Cost of Compliance.’ The panel was moderated by attorney Daniel Haymann of MME Legal. Mr. Haymann was joined by:

• Gašper Friškovec, CCO of The Talman Group
• John Fowler, President of Muskoka Grown Limited
• Erin Butler, CFO of Global Cannabis Exchange LTD
• Ricardo Geada, Director of Regulatory Solutions at Lawrence Stephens
• Sigfried Legeay, CFO and Co-Founder of Canxchange

You can view the panel discussion via the embedded video below: