This podcast features Steve Kemmerling, founder and CEO of CRB Monitor, a database that aggregates and maintains corporate information on 37,000 direct marijuana-related businesses, 68,000 marijuana business licenses and 68,000 beneficial owners, which is used by financial institutions for KYC and compliance purposes.  In the podcast, Steve talks about what the data show about how the industry has evolved, where it may be going, and the banking challenges it faces.  Steve also talks about the system he developed to help financial institutions rank the risks associated with different kinds of cannabis businesses and how the COVID crisis has impacted the industry.

Author

Steve Kemmerling is the founder and CEO of CRB Monitor, a database that aggregates and maintains corporate information on 37,000 direct marijuana-related businesses, 68,000 marijuana business licenses and 68,000 beneficial owners, which is used by financial institutions for KYC and compliance purposes.

Author

Tom Firestone is Co-Chair of the firm's North American Government Enforcement practice and is a member of the Firm's Global Compliance & Investigations Steering Committee. He represents clients in matters involving anti-corruption and the US Foreign Corrupt Practices Act (FCPA), internal investigations and transactional due diligence. He is also a member of the firm's Cannabis Review Committee and has advised clients on compliance issues related to cannabis.