Presentations - Inaugural Conference with Financial Institutions

Challenges/Risks

 Ensure licensing regime implements a comprehensive seed to sale tracking system

 Correspondent banks risk appetite may not align with local FI’s risk appetite and industries

 Laws and legal ramifications per country-

 Transparency on source of funds/activity (downstream clearing/nesting)

 Understanding the corporate structure of the cannabis entities

 Cost of Compliance – risks may outweighs the reward of sector