Len Tannenbaum: Paving the way for institutional cannabis banking

01/26/22 • 30 min

Despite its presence as a major emerging industry in the United States, cannabis has long lacked a key component to legitimizing its place in the mainstream business community: streamlined banking. In this episode, Len Tannenbaum, Founder and CEO of AFC Gamma, discusses his journey to becoming the head of the largest NASDAQ-listed cannabis investment firm and an influential figure in cannabis banking. Len explains AFC’s goals of bringing tailored expertise into the cannabis banking space and the need for safe, efficient institutional banking to support cannabis as the industry continues its rapid growth.

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Brady Cobb: How will cannabis regulations take shape in 2022 and beyond?

Federal cannabis regulation in the United States is not an “if,” but a “when.” With legislation like the SAFE Banking Act still on the table in Congress, access to traditional financial services for cannabis operators is inching towards being a reality. In this episode, Brady Cobb, policy advocate and CEO of Bluma Wellness, explains where cannabis stands in Congress and what needs to happen in order for the SAFE Banking Act to pass. As a successful cannabis entrepreneur, he also shares his advice for aspiring cannabis business owners on the skills needed and challenges to prepare for when entering markets and scaling a brand.

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Ryan G. Smith: Creating the tech infrastructure driving cannabis retail growth

The cannabis retail ecosystem is nearly unrecognizable compared to its earliest iterations, and much of the sector’s growth can be attributed to LeafLink, the industry’s largest B2B wholesale platform. In this episode, Ryan G. Smith, co-founder and CEO of LeafLink, discusses his early days as an entrepreneur, why cannabis was a thrilling prospect for his next venture and how the company has successfully scaled and matured alongside the industry. Touching on the importance of building the strongest team possible and how social equity standards can be achieved in the industry, Ryan shares key insights as a pioneer in cannabis tech.