White Paper

8 Pages
  • 8 Pages

NYS DFS Guidance to Financial Institutions Servicing the Medical Marijuana Industry

 

Because of the quickly changing legal environment, obeying both federal and state rules is not easy.

The New York State Department of Financial Services circulated guidance to chartered financial institutions in the state. The NYDFS emboldened banks to work with marijuana-related businesses. This memo strengthened the state’s readiness to expedite growth within the industry. This white paper reviews New York’s legal cannabis landscape and how federal law and guidance is shaping it along.

Agenda

Faculty

Neil M. Willner

Wilson Elser Moskowitz Edelman & Dicker LLP

Neil Willner focuses his legal practice on medical malpractice, dental malpractice, nursing home liability and general liability centered on complex litigation. His clients include hospitals, medical practices, physicians, eleemosynary institutions, commercial businesses and summer camps. Neil has handled appeals in the New York Appellate Division, First and Second Departments.

Neil also is a member of Wilson Elser’s Cannabis Law practice, advising medical professionals, growers, processors, insurers, distributors and vendors within the legalized cannabis industry as well as organizations outside the industry impacted by the rapidly evolving state and federal regulatory landscape

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