Presentations - Inaugural Conference with Financial Institutions

FEASIBLE OR FARFETCHED

• BANKING MEDICAL CANNABIS IS LEGAL IN SVG

• AN INTERNATIONAL BANKING RELATIONSHIP EXISTS WITH CANADA

• EURO CLEARANCE WILL BE PURSUED IN 2020

• A MAJOR IMPEDIMENT IS THE POSSIBLE DERISKING BY USA CORRESPONDENT BANKS

• THE BANK HAS MULTIPLE USA CLEARINGS AND IN THE EVENT THAT ANY ONE DERISKS WE WOULD BE IN A POSITION TO SALVAGE THE RELATIONSHIP WITH THE OTHER BANKS

• THE BANK IS ALSO PAYING ATTENTION TO THE ONSITE VISITATION/ COMPLIANCE QUESTIONNAIRE BY OUR CORRESPONDENT BANKS TO MONITOR THEIR REACTIONS FOR ANY RED FLAGS THAT MAY SUGGEST THAT WE REVERSE COURSE ON BANKING MEDICAL CANNABIS

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