Frequently Asked Questions About the ACB
Who is the Association for Cannabis Banking ?
The ACB, or Association for Cannabis Banking , was founded in 2023 as the industry’s unbiased bridge between Banking and Cannabis, focusing on education, research and networking resources that bring people together. The ACB is dedicated to supporting collaboration between these critical industries, with a focus on minority and female-owned cannabis related businesses.
Why would my bank need cannabis training?
Cannabis banking regulations and requirements do not just apply to banks and credit unions that have decided to proactively bank cannabis, but instead to EVERY financial institution. This is because every institution is required to report on any activity with roots to the cannabis industry, both directly and indirectly, so even banks in states where cannabis is still illegal must be trained on how to identify and report activity that may have ties to cannabis.
How can I meet other people in cannabis banking?
An ACB Membership in the industry’s dedicated cannabis banking association opens doors to new insights, key players, subject matter experts and much more. The ACB connects people through ideas, articles, research and events focused on educating financial services professionals, as well as professionals and employees in the cannabis industry seeking to build strong, long-term relationships with bankers wanting to expand their presence in the legitimate cannabis industry.
Can I Join the Association for Cannabis Banking ?
Absolutely! The ACB offers a variety of memberships tailored to individual needs. These include memberships for:
Financial Institutions
Corporations
Individuals
Can I Get a Cannabis Banking Professional Certification?
Absolutely! The founders of the ACB launched the industry’s FIRST Cannabis Banking Professional certification in April, 2020 through their prior company, BankersHub/BankerCollege. Today, that groundbreaking on-demand certification continues with the ACB where anyone can register for the courses and online testing and receive a Certificate of Completion that is good for 2 years.