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SDBA/MBA 2021 Cannabis/Hemp Banking 101 Webinar
Wednesday, January 20, 2021, 8:00 AM to Thursday, January 21, 2021, 5:00 PM CST
Category: SDBA Events

South Dakota Bankers Association and Montana Bankers Association present...

2021 Cannabis/Hemp Banking 101 Webinar

January 20, 2021 (1:00 - 4:30 p.m. CST)

January 21, 2021 (10:00 a.m. - 1:00 p.m. CST)

Virtual via Zoom

Cannabis/Hemp Banking 101

State Banking Association Member Rates: $275 per person
Non-Member Rate: $375 per person



With the passage of Amendment A and Initiated Measure 26 legalizing medical and recreational use of marijuana in South Dakota, the SDBA is committed to supporting its member banks during this transition. Join us for an opportunity to learn cannabis/hemp banking basics and a chance to ask questions of industry experts.


Member of a State Banking Association: $275 per person
Non-Member: $375 per person
  • You will receive an email from the SDBA on Jan. 18, 2021, with your login information. All sessions will be held via Zoom.
  • Can’t make one of the sessions? Don’t worry—sessions will be recorded and available for registered attendees to download and watch at your convenience.
  • Provided presentations will be available on the SDBA’s website prior to each session.

Cancellation Policy: 100% refund if canceled Jan. 13 or prior. 75% refund if canceled Jan. 14-17. No refund if canceled Jan. 18 or later. Substitutions allowed at any time.
Questions: Contact Halley Lee at [email protected] or 605.224.1653.



1:00   Welcome Remarks with SDBA President Karl Adam and MBA President Cary Hegreberg

1:10   Update on Marijuana Legalization:  States’ Status & Status of SAFE Act 

    • Sabrina Bergen, SVP, Office of Strategic Engagement, ABA, Washington, D.C.
    • Melissa Kuipers Blake, Brownstein Hyatt Farber Schreck, LLP
1:40   Legal Considerations
    • Zane Gilmer, Partner, Stinson, LLP, Denver, Colo.
2:50   Lessons Learned/How to Avoid Inadvertently Banking the Marijuana Industry
    • Julia Gutierrez, Compliance Officer, Compliance Alliance, Austin, Texas
3:30   How to Bank the Marijuana Industry, Compliance and Transparency
    • Mark Haden, Helios, Companies, Denver, Colo.
    • Valerie Holden, Champion Bank, Parker, Colo.
    • Richie Thorne, Dama Financial, Denver, Colo.


10:00 Recap and Welcome with SDBA President Karl Adam and MBA President Cary Hegreberg

10:10 Hemp
    • Kristin Godfrey, Godfrey Law Group, Denver, Colo.
    • Tim Gordon, Functional Remedies, Boulder, Colo.
    • Shawn Martini, Colorado Farm Bureau, Denver, Colo.
11:20 Federal Regulatory Considerations
    • Moderator: Bret Afdahl, Director, South Dakota Division of Banking, Pierre, S.D.
    • Office of the Comptroller of the Currency
    • Federal Deposit Insurance Corporation
    • Federal Reserve Bank of Minneapolis
12:10 State Bank Regulator Panel
    • Ken Boldt, Colorado State Bank Commissioner, Denver, Colo.
    • Melanie Hall, Commissioner of Banking & Financial Institutions, Helena, Mont.
    • Bret Afdahl, Director of South Dakota Division of Banking, Pierre, S.D.