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Cannabis Conference - Jefferson City area

Event Info

When

August 27th, 2019 8:30 AM   through   5:30 PM

Where

CANTERBURY WINERY
1707 S SUMMIT DR
HOLTS SUMMIT, MO 65043-2100
United States
Conference Fee $ 149.00

Canterbury Hill Winery
Canterbury Winery,
Holts Summit, MO

The registration deadline was August 21, 2019

Cannabis banking is an issue facing credit unions around the nation and especially our region, with final rules for medical marijuana pending in Missouri and Kansas surrounded by states with laws legalizing marijuana. Cannabis laws are rapidly changing, with federal and state agencies responding through new policies, procedures and regulations.
Hear from experts from across the country, as well as credit unions with robust cannabis banking programs already in place. We’ll give you the latest information about the impact on credit unions – and help your team feel more prepared to determine your cannabis banking policy and develop the approach that meets your needs.

Whether or not you choose to service cannabis-related businesses, this conference helps give you the information you need to help make key decisions and direction. Every employee and officer who interacts with members in your credit union will be affected either directly or indirectly in your credit union. 

Who should attend: This conference is intended to assist those in credit unions: CEOs, board of directors, legal counsel, lenders, COOs, CFOs, compliance, risk officers, and others. 

This one-day event focuses exclusively on credit unions will cover:  

  • Essential information about marijuana in the U.S.
  • Responsibilities and jurisdiction of the FDA, the USDA, the Missouri Department of Health and Senior Services and the Missouri Department of Agriculture
  • Guidance of credit union regulatory agencies
  • Outlook of legal counsel and review of considerations for credit unions wanting to serve the marijuana businesses and those attempting to avoid serving such businesses
  • Public image and reputation risk considerations

Thanks to our event sponsors:  Armstrong Teasdale and DocFox
 


AGENDA

8:30 a.m. Check-in
9 a.m.

Welcome & Overview
HCUA Advocacy and Compliance Update:  Cannabis Banking
Lisa Althoff-Simmons, Director of Compliance, Heartland Credit Union Association 
Amy McLard, Executive Director of Advocacy, Heartland Credit Union Association

Hear the latest on federal advocacy efforts, regulatory developments, and compliance resources
available to our members in Kansas and Missouri.

9:15 – 10:30 a.m.

Current Climate in Missouri Cannabis Rules & Regulations
Lyndall Fraker, Missouri Department of Health and Senior Services
Alan Freeman, Missouri Department of Agriculture

Between medical cannabis, hemp and CBD, there are a lot of rules, regulations and implementation efforts underway in our states. Hear from those responsible for implementation efforts and better understand cannabis rules and regulations.

10:30 a.m. Refreshment Break
10:45 – 11:45 a.m.

"Looking at Legality: Legal and Compliance Considerations Regarding Marijuana Business Accounts" Panel Discussion
Brian Knight, Executive Vice President & General Counsel, NASCUS
Paul Cambridge, Partner, Armstrong Teasdale
Eric Walter, Partner, Armstrong Teasdale

This panel discussion will address the many legal considerations and BSA/AML compliance requirements for marijuana-related business (MRB) accounts and ancillary businesses that indirectly work with MRBs, including corporate structure, tax considerations, and vulnerabilities.

11:45 a.m.– 12:15 p.m.

The Realities of Setting Up an MRB BSA Program & How to Scale it Efficiently & Profitably
Ryan Canin, CEO, DocFox

Leveraging real-world examples, this discussion will unpack important components in building a BSA program, how to automate and reduce administrative burden and tips on pitfalls to avoid.

12:15 – 1 p.m. Lunch with Sponsors and Speakers
1 – 2:15 p.m.

Challenges and Solutions Centered Around Credit Union Cannabis Business
Rachel Pross, Chief Risk Officer, MAPS Credit Union

Rachel Pross bring firsthand experience and a wealth of knowledge regarding what credit unions
must consider and address in servicing marijuana-related businesses (MRBs). From start to
finish, this session will address the compliance, due diligence, reputation and legal considerations
facing credit unions regarding the service of marijuana-related businesses.

2:15 p.m. Break
2:30 – 3:30 p.m.

To Service or Not to Service – Checklist of Considerations
Rachel Pross, Chief Risk Officer, MAPS Credit Union
Brian Knight, Executive Vice President & General Counsel, NASCUS

With state legalization of medical marijuana, credit unions will have to decide how they want to proceed. This session will provide attendees with considerations on either side of servicing marijuana-related businesses.

3:30 p.m. Closing Remarks
3:45 p.m. Networking Cocktail Reception with Sponsors and Speakers

HOTEL 

DoubleTree Hotel by Hilton
422 Monroe St
Jefferson City, MO 65101
573.636.5231

Approx. $143/night

Baymont by Windham
319 W Miller St
Jefferson City, MO 65101
573.636.5231

Approx. $70/night

Holiday Inn
415 W McCarty St
Jefferson City, MO 65101
573.635.1234

Approx. $120/night


SPEAKERS
 

Lisa Althoff-Simmons, J.D., MBA, CUCE, BSACS, Director of Compliance, Heartland Credit Union Association
Lisa is responsible for researching issues as they relate to federal and state regulatory and legislative changes pertaining to credit unions. Prior to joining HCUA, Lisa was a practicing attorney in all matters business and corporate, including regulatory compliance related issues. She also previously served as a gubernatorial appointee leading a division within the Missouri Department of Economic Development.

 


Ryan Canin, CEO/Co-Founder, DocFox
Ryan started a fin-tech software consultancy while studying Electrical Engineering and after graduating went into this full-time where the company designed and built custom software for some of the largest financial institutions globally with clients such as Barclays Bank. While working in this industry he spotted the need for a KYC (Know Your Customer) solution that could assist financial institutions of all sizes to rapidly and efficiently manage their BSA requirements for all types of clients from individuals to the most complex of businesses and transform how financial institutions see these compliance burdens. He co-founded DocFox to transform BSA from a speed bump to an enabler of new business and show how by leveraging technology in responsible ways we can perform better compliance AND grow our business at the same time, all while ending money laundering globally. DocFox attracted Silicon Valley investment from some of the most prominent individuals in financial services and technology in 2016 which propelled the company on a path where it now works with over 130 financial institutions globally to transform their BSA programs through automating document processing, screening, risk rating and compliance team collaboration all in one portal.


 Paul Cambridge, Partner, Armstrong Teasdale

As a member of the Corporate Services and Financial and Real Estate Services practice groups, Paul Cambridge provides legal services to clients of all sizes and structures – from entrepreneurial startups to large, publicly held companies. He counsels clients in all aspects of mergers and acquisitions, corporate matters and lending transactions, and also has significant experience handling matters related to entity formation and planning, corporate governance, contract negotiation, strategic planning, debt and equity financing, securities law, banking regulations, joint ventures, and other business law matters. While heavily focused on the banking industry, he counsels clients within a broad range of industries, including technology, manufacturing, real estate, life sciences, construction, education, and health care.


Lyndall Fraker, Director of Medical Marijuana, Missouri Department of Health and Senior Services
In December 2018, Lyndall was appointed as the director of medical marijuana within the Department of Health and Senior Services and is working on the implementation of medical marijuana in Missouri. Prior to his current position, Lyndall served eight years as a member of the Missouri House of Representatives. He was first elected in 2010 and served as Chairman of the Financial Institutions, Local Government and Utility Infrastructure committees. Prior to his election to the House, he was elected Northern Commissioner of Webster County after completing a 17-year career in Wal-Mart management. The last seven of those years as store manager of his hometown store in Marshfield. Lyndall is a home builder and real estate developer in the Marshfield area. 


Alan Freeman, Hemp Program Administrator, Missouri Department of Agriculture
Alan started as the Hemp Program Administrator in June 2019 working on implementation of the industrial hemp program. Previously, he served as the Ag. Stewardship and Development Manager in the Agriculture Business Development Division, working with agricultural businesses and producers to locate resources that may assist in developing business operations. Alan has worked in state government for over nine years in agriculture, natural resources and workforce development, and previously taught high school agriculture education for ten years.  

 


Brian Knight, Executive Vice President & General Counsel, NASCUS
Brian joined NASCUS in 1998 and has served as NASCUS' general counsel since 2007. In 2015, Brian was named as the executive vice president in addition to his duties as general counsel. As EVP and general counsel, he manages NASCUS' state and federal regulatory analysis, policy development and compliance guidance. The general counsel works closely with all NASCUS' departments, the CEO and the board. Brian also oversees NASCUS' legislative advocacy, professional development, and accreditation and state programs staff. He also serves as the staff liaison to NASCUS' Legislative and Regulatory Affairs Committee and the liaison to numerous state regulator working groups and task forces addressing critical policy issues, often in partnership with their federal counterparts.


Amy McLard, CUDE, Executive Director of Advocacy, Heartland Credit Union Association
Amy McLard is responsible for HCUA’s overall advocacy efforts - including lobbying, PAC fundraising, grassroots outreach and strategic advocacy planning on both the state and federal level. A former award-winning television news reporter for NBC, CBS and ABC affiliates, Amy has worked on behalf of credit unions since 2001 and became a Credit Union Development Educator (CUDE) in 2011.
 


Rachel Pross, Chief Risk Officer, MAPS Credit Union
Rachel Pross is the chief risk officer of Maps Credit Union and has been with the organization since 2016. She provides strategic leadership for the Risk division of Maps, which encompasses regulatory compliance, security, audit, enterprise risk management, governmental affairs, accounting, finance, IT, and cybersecurity.  She also directly oversees Maps' transparent and robust cannabis banking program-- the largest in the State of Oregon-- which has been operational since 2014.


Eric Walter, Partner, Armstrong Teasdale

Eric Walter has extensive state and federal litigation experience in a wide range of complex commercial and business cases serving privately owned businesses, publicly traded companies and nonprofit corporations. A significant part of Eric’s practice involves representing businesses and individuals in the legalized marijuana industry. He has successfully represented companies applying for state licenses to cultivate and dispense medical marijuana and its byproducts. In this area, Eric advises clients on state and federal regulations governing not only the operation of legalized marijuana businesses, but also the solicitation of and contracting with investors and other business partners. Eric is the Chair of the Marijuana Law Committee for the Bar Association of Metropolitan St. Louis.


QUESTIONS?
Clint Armistead, 800.392.3074, x1321.
For registration questions or dietary and special assistance: Sharon Bahr, 800.392.3074, x1342.

August 27th, 2019 8:30 AM   through   5:30 PM
CANTERBURY WINERY
1707 S SUMMIT DR
HOLTS SUMMIT, MO 65043-2100
United States