Union Bank of Michigan的动态

?? Exciting news! Union Bank & Trust has just launched a new section on our website dedicated to supporting Minnesota's growing cannabis-related businesses. ?? Whether you're an operator looking to get started or an established company, our new cannabis banking link can answer high-level questions about banking services for this unique industry. Need more detailed insights? Feel free to reach out to me directly, and I'd be happy to discuss how Union Bank & Trust can help you succeed in this emerging market. Together, we’re driving growth in Minnesota's cannabis industry! Union Bank and Trust Company #CannabisBanking #MinnesotaCannabis #CannabisBusiness #BankingSolutions #UBT #CannabisIndustry #EmergingMarkets #TrustInBanking

Thrilled to learn I've been selected to present on 12/12/2024 at the 2024?NACVA Business Valuation and Financial Litigation Super Conference?in Vegas. Plan to present: "The Critical Need to Begin With and Always Keep the Marijuana End-Game in Mind" Raising capital in the cannabis space is a real tough challenge. Uncertainty re federal illegality/rescheduling specifics, limited access to traditional banking services, extraordinarily complex individual state market structure/regulatory compliance demands, and highly dynamic but uncertain industry conditions. MJ operators would be wise to pay attention to what 3rd party capital sources pay attention to; including & especially enterprise value deal asks grounded in financial reality. Sources are contemplating exits/liquidity events before they even write their first checks. Vegas is marvelous in December. Why not consider a quick jaunt there but in this particular instance, we hope what happens in Vegas doesn't just stay in Vegas!! #cannabisvaluation #cannabisfinancing #cannabisexitplanning #cannabisaccounting #cannabiscfo #cannabisfinancialreporting #cannabisventurecapital #cannabisprivateequity #cannabisinvestors https://lnkd.in/gjHc4mvF

Credit Union 1 is breaking barriers in the Cannabis Industry. As a preferred banking partner of the Chamber of Cannabis, CU1 supports clients like Paul Thomas with tailored solutions and empowers cannabis professionals to grow their businesses with trust, expertise, and innovative financial services in an evolving market. Learn more about how CU1 works to create a more sustainable and equitable industry: https://buff.ly/4hJH2Kd

This is going to be a great discussion, as we plan to dig a little deeper into underwriting and monitoring, and what best practices are forming around lending to the #cannabis industry.

Smaller financial institutions like credit unions and regional banks are stepping up to support the booming cannabis industry, ensuring safe and responsible financial transactions amidst high federal risks. As they bridge the banking gap for cannabis businesses, it's vital they navigate these waters carefully to minimize risks. Debra McManigle, Senior Vice President, HUB Financial Services, and Jay Virdi, Chief Sales Officer, HUB Cannabis Practice discuss the risks that need to be considered before financial institutions open the door to cannabis based businesses. https://ow.ly/lVK750R61co #CannabisBanking #FinancialInnovation

Smaller financial institutions like credit unions and regional banks are stepping up to support the booming cannabis industry, ensuring safe and responsible financial transactions amidst high federal risks. As they bridge the banking gap for cannabis businesses, it's vital they navigate these waters carefully to minimize risks. Debra McManigle, Senior Vice President, HUB Financial Services, and Jay Virdi, Chief Sales Officer, HUB Cannabis Practice discuss the risks that need to be considered before financial institutions open the door to cannabis based businesses. https://ow.ly/TOg650R2M3X #CannabisBanking #FinancialInnovation

Smaller financial institutions like credit unions and regional banks are stepping up to support the booming cannabis industry, ensuring safe and responsible financial transactions amidst high federal risks. As they bridge the banking gap for cannabis businesses, it's vital they navigate these waters carefully to minimize risks. Debra McManigle, Senior Vice President, HUB Financial Services, and Jay Virdi, Chief Sales Officer, HUB Cannabis Practice discuss the risks that need to be considered before financial institutions open the door to cannabis based businesses. https://ow.ly/avva50R2nh0 #CannabisBanking #FinancialInnovation

Smaller financial institutions like credit unions and regional banks are stepping up to support the booming cannabis industry, ensuring safe and responsible financial transactions amidst high federal risks. As they bridge the banking gap for cannabis businesses, it's vital they navigate these waters carefully to minimize risks. Debra McManigle, Senior Vice President, HUB Financial Services, and Jay Virdi, Chief Sales Officer, HUB Cannabis Practice discuss the risks that need to be considered before financial institutions open the door to cannabis based businesses. https://ow.ly/OCZF50R4FcU #CannabisBanking #FinancialInnovation

Smaller financial institutions like credit unions and regional banks are stepping up to support the booming cannabis industry, ensuring safe and responsible financial transactions amidst high federal risks. As they bridge the banking gap for cannabis businesses, it’s vital they navigate these waters carefully to minimize risks. Debra McManigle, Senior Vice President, HUB Financial Services, and Jay Virdi, Chief Sales Officer, HUB Cannabis Practice discuss the risks that need to be considered before financial institutions open the door to cannabis based businesses. https://ow.ly/uIYR50Rj3e7 #CannabisBanking #FinancialInnovation

Smaller financial institutions like credit unions and regional banks are stepping up to support the booming cannabis industry, ensuring safe and responsible financial transactions amidst high federal risks. As they bridge the banking gap for cannabis businesses, it's vital they navigate these waters carefully to minimize risks. Debra McManigle, Senior Vice President, HUB Financial Services, and Jay Virdi, Chief Sales Officer, HUB Cannabis Practice discuss the risks that need to be considered before financial institutions open the door to cannabis based businesses. https://ow.ly/7AYf50RILCs #CannabisBanking #FinancialInnovation