PBC Level I Cannabis Banking Certificate

Delve into the fundamentals of cannabis banking and compliance with our Level I Certificate course. 

This Level I Certificate is designed for learners keen on grasping the foundational concepts of cannabis banking and compliance. 

It serves as the pre-requisite to the PBC Level II Certificate and the prestigious PBC Certified Professional designation.

Whether you're a banker with little to no experience in cannabis banking, an experienced cannabis banker aspiring for elevated PBC Certification status, or even a savvy banking compliance professional eager to venture into the world of cannabis banking – this course is your starting point.

Given the course's emphasis on the compliance aspects of cannabis banking, we welcome and encourage compliance professionals and other professionals from the Cannabis Banking Ecosystem to enroll in this course and start their journey toward PBC Certification.

This course covers:

  • Cannabis Legalization History
  • Cannabis Industry Terminology
  • Foundational Guidance documents for Cannabis Banking
  • Key Bank Secrecy Act (BSA) Regulations applicable to Cannabis Banking
  • Taxes and Bankruptcy
  • PBC Cannabis Banking Ecosystem

 

 

Individual Purchase

This Level I Certificate is designed for learners keen on grasping the foundational concepts of cannabis banking and compliance. 

It serves as the pre-requisite to the PBC Level II Certificate and the prestigious PBC Certified Professional designation.

Whether you're a banker with little to no experience in cannabis banking, an experienced cannabis banker aspiring for elevated PBC Certification status, or even a savvy banking compliance professional eager to venture into the world of cannabis banking – this course is your starting point.

Given the course's emphasis on the compliance aspects of cannabis banking, we also welcome compliance professionals and encourage them to enroll in this course and start their journey toward PBC Certification.

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Introduction00:05:00
Welcome 00:00:30
About PBC 00:00:40
Why is Cannabis Banking a challenge? 00:00:30
About the PBC Certification Program 00:01:00
Who should take this Level I course 00:00:30
How a PBC Level I Certificate can help you 00:00:30
Learning Objectives 00:00:40
What's next after Level I? 00:00:30
Course Navigation 00:00:10
Cannabis Legalization History00:07:00
Cannabis Legalization History: Intro 00:01:00
Marihuana Tax Act of 1937 00:00:30
1969 Leary v. United States 00:00:30
Controlled Substances Act (CSA) of 1970: Overview 00:00:30
Controlled Substances Act (CSA) of 1970: Schedule I 00:00:30
Rohrabacher-Farr Amendment 00:00:30
2018 Farm Bill 00:00:30
Medical Marijuana and Cannabidiol Research Expansion Act 00:00:30
Rescheduling Executive Order
Other Federal Rules to Know: Asset Forfeiture 00:00:30
Other Federal Rules to Know: RICO 00:00:30
Other Federal Rules to Know: Criminal Liabilities 00:00:30
Legalization by States 00:00:30
Cannabis Legalization History: Conclusion 00:00:30
Terminology00:10:00
Terminology: Intro 00:00:30
Cannabis vs Hemp 00:00:30
Cannabis Operators 00:00:30
Cannabis-Related Business (CRB) 00:01:00
Direct vs Indirect 00:01:00
CRB Tiers 00:00:30
CRB Tier 1 00:01:00
CRB Tier 2 00:01:00
CRB Tier 3 00:01:00
Licenses and Markets 00:01:00
Licenses and Markets 00:01:30
Terminology: Conclusion 00:00:30
Foundational Guidance for Cannabis Banking00:43:00
Foundational Guidance for Cannabis Banking: Intro 00:00:30
Cole Memo: Summary & Key Takeaways 00:02:00
Cole Memo: Enforcement Priorities 00:03:00
Cole Memo: State Regulations 00:02:00
Cole Memo - Rescinded 00:01:00
FinCEN 2014 Guidance 00:08:00
FinCEN 2014 Guidance: Summary 00:01:00
FinCEN 2014 Guidance: Customer Due Diligence 00:02:00
FinCEN 2014 Guidance: Customer Due Diligence 00:01:00
FinCEN 2014 Guidance: SARs - Filing Suspicious Activity Reports on Marijuana-Related Businesses 00:02:00
FinCEN 2014 Guidance: SARs - Types of SAR Filings 00:00:30
FinCEN 2014 Guidance: "Marijuana Limited" SAR Filings 00:02:00
FinCEN 2014 Guidance: "Marijuana Priority" SAR Filings 00:02:00
FinCEN 2014 Guidance: "Marijuana Termination" SAR Filings 00:01:00
FinCEN 2014 Guidance: Red Flags to Distinguish Priority SARs 00:01:00
FinCEN 2014 Guidance: CTRs and Form 8300 00:02:00
DOJ 2014 Guidance Regarding Marijuana Related Financial Crimes 00:02:00
DOJ 2014 Guidance Regarding Marijuana Related Financial Crimes: Key Takeaways 00:02:00
Letters from Banking Regulators 00:02:00
Letters from Banking Regulators: Washington Governor Inslee and Colorado Governor Hickenlooper letter requesting guidance 00:02:00
Letters from Banking Regulators: National Credit Union Administration (NCUA) Letter to Washington State 00:01:00
Letters from Banking Regulators: Letter from "the Agencies" to Governor Inslee 00:02:00
Foundational Guidance for Cannabis Banking: Conclusion 00:01:00
Taxes & Bankruptcy00:12:00
Taxes & Bankruptcy: Intro 00:00:30
General Tax Guidance 00:03:00
280E 00:02:00
Form 8300 00:02:00
Additional Tax Guidance & Resources 00:01:30
Bankruptcy 00:02:00
Taxes & Bankruptcy: Conclusion 00:01:00
Bank Secrecy Act (BSA)00:25:00
BSA: Intro 00:01:00
AML Program & Due Diligence 00:02:00
Customer Identification Program 00:01:00
Beneficial Ownership Requirements for Legal Entity Customers 00:02:00
Beneficial Ownership Requirements for Legal Entity Customers 00:02:00
Customer Due Diligence (CDD) Final Rule 00:02:00
SARs 00:03:00
SAR Filings 00:01:00
SAR Disclosures 00:01:00
SAR Liability 00:01:00
SAR Compliance 00:00:30
CTRs 00:01:00
CTR Filing Obligations 00:00:30
CTR Identification Required 00:02:00
CTR Aggregation 00:01:00
CTR Structured Transactions 00:01:00
Records Management 00:02:00
BSA: Conclusion 00:01:00
Payments00:04:00
Payments: Intro 00:01:00
Cashless ATMs 00:01:00
PIN Debit 00:01:00
Payments: Conclusion 00:01:00
PBC Cannabis Banking Ecosystem00:10:00
PBC Cannabis Banking Ecosystem: Intro 00:01:00
Overview 00:01:00
Cannabis 00:01:00
Government 00:01:00
Banking 00:01:00
Compliance 00:01:00
Payments 00:01:00
Accounting 00:00:30
Law Firms 00:00:30
Business Solutions 00:01:00
PBC Cannabis Banking Ecosystem: Conclusion 00:01:00
What's next?00:04:00
Congrats on completing your lessons! 00:02:00
Level I Exam Overview 00:01:00
What to expect in Level II 00:01:00
Level I Exam
Level I Exam
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