Dan Roda

Abaca

Session Title: Getting Banked -- How to Get a Bank Account for Your Cannabis Business (And Keep It!)


Professional Summary

Educated at Tulane University and Villanova Law School, Dan entered the professional world as a corporate attorney. He first experimented with the cannabis industry in 2015, helping clients draft and file dispensary license applications in Arkansas. It was during this process that Dan was first exposed to the cannabis banking problem, which led to he and three partners founding Abaca, a financial technology company that is providing banking, payments, and lending solutions to the cannabis and hemp industries today.

Session Abstract

It’s a common misconception that the cannabis industry is unbanked. While compliance burdens inhibit many banks from entering the cannabis space, options do exist. In this session, you will learn about the current cannabis banking landscape, how banks view the different tiers of marijuana related businesses, and how you can get a bank account for your cannabis business. Abaca CEO Dan Roda, a cannabis attorney and banker, will lead you through an entertaining and informative session that covers all the “DOs” and “DONTs” of getting your business banked.