Cannabis Banking in Pennsylvania

Published: Oct. 20, 2021, 3:52 p.m.

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Being a hemp farmer has many challenges \\u2014 from sourcing good genetics to soil conditions, insect pressure, weed pressure, finding enough people to help your harvest. The list goes on and on.

And as most people in the hemp industry know, one of the primary challenges is finding reliable financial and banking services.

The murky federal status of the cannabis plant and lack of clear regulation on cannabis banking has left many folks in the hemp industry frustrated and sometimes without the ability to secure loans, make deposits, or utilize other standard financial services.

On this episode of the Lancaster Farming Industrial Hemp Podcast, we talk to Ashley Hess from Jonestown Bank & Trust. She is a certified cannabis banking professional, and she gives good advice on how to navigate the tricky waters of cannabis banking.

On this episode, we also talk to Kelly Kundratic from Team PA about the upcoming 2021 Pennsylvania Hemp Summit.

Jonestown Bank & Trust

https://www.jbt.bank/

Register for the 2021 Pennsylvania Hemp Summit

https://pahempsummit.com/

Thanks to our Sponsor IND HEMP

https://www.indhemp.com/

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