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The Myth of a Crisis in Cannabis Industry Banking | TDR Exclusive
Description
Welcome to our latest TDR cannabis exclusive interview! In this episode, we interview Tyler Beuerlein, Chief Strategic Business Development Officer of Safe Harbor Financial. Join in as we explore Wisconsin's cannabis landscape:
Highlights:
- Tyler Beuerlein discusses the future of cannabis in Wisconsin and its impact on banking.
Dispels the misconception of a banking crisis in the cannabis industry, stating that banks are available for operators.
- Highlights price compression due to increased competition in the cannabis industry.
- Explains how rescheduling cannabis could affect lending positively by making it easier for banks to fund operators.
- Warns against using credit cards for cannabis transactions, as they are considered fraudulent.
- Expresses concern about Wisconsin's proposal to own a cannabis dispensary and potential risks.