Akerman is proud to sponsor the 7th annual PBC Conference, the leading B2B event focused on payments, banking, and compliance in the cannabis industry. The two-day conference brings together the cannabis banking ecosystem to network, exchange insights, and foster relationships that help drive the cannabis industry forward.

Austin Ownbey will speak on a panel titled "Redefining Hemp and Cannabis: Why Definitions Matter for Banks," which will examine how evolving federal and state definitions of hemp and cannabis are affecting product classification, licensing, risk, and regulatory oversight, and what these distinctions mean for financial institutions evaluating the market.

Disclaimer:
Possessing, using, distributing, and/or selling marijuana or marijuana-based products is illegal under federal law, regardless of any state law that may decriminalize such activity under certain circumstances. Although federal enforcement policy may at times defer to states’ laws and not enforce conflicting federal laws, interested businesses and individuals should be aware that compliance with state law in no way assures compliance with federal law, and there is a risk that conflicting federal laws may be enforced in the future. No legal advice we give is intended to provide any guidance or assistance in violating federal law.