NCIA Cannabis Business Summit & Expo 2019 Expected to Attract Advocates of Secure and Fair Enforcement (SAFE) Banking Act

June 12, 2019 11:04:19

At this year’s Cannabis Business Summit & Expo – the sixth such event hosted by the NCIA – discussion of the Secure and Fair Enforcement (SAFE) Banking Act is likely to be on the agenda, as well as many other critical issues that are currently affecting the cannabis industry. With its return to San Jose, the location of last year’s event, the nation’s most influential, award-winning cannabis conference and trade show continues to act as a catalyst for innovation in the space and pave the way for cannabis commerce.

The celebratory gathering, scheduled to take place from Monday, July 22, to Wednesday, July 24, at the San Jose McEnery Convention Center, will bring cannabis executives, investors and professionals together to talk shop. They will be treated to a series of addresses from the over 150 speakers and thought leaders expected to attend, in addition to opportunities to wander the expo floor and visit the booths of the 400+ companies on show. This year, the NCIA Cannabis Business Summit exhibition space will span over 120,000 sq. ft. The event, anticipated to attract over 10,000 attendees, will also offer ample opportunity to augment and expand professional and social networks.

In 2018, NCIA Cannabis Business Summit & Expo achieved top honors from Trade Show Executive. The industry publication placed the NCIA event in all three ranking categories, including ‘Fastest 50 by Net Square Feet of Exhibit Space’, ‘Fastest 50 by Exhibiting Companies’ and ‘Fastest 50 by Total Attendance’.

The SAFE Banking Act, which is expected to be a topic of discussion, is aimed at providing marijuana businesses with greater access to financial services (http://cnw.fm/Pp3Ss). It will “create protections for depository institutions that provide financial services to cannabis-related legitimate businesses and service providers for such businesses.” Its passage into law is anticipated to remove the anxiety that financial institutions presently have that dealing with cannabis enterprises will make them fall foul of federal regulators.

The conference is being hosted by the National Cannabis Industry Association (NCIA), the largest cannabis trade association in the U.S. and the only organization representing state-sanctioned cannabis-related businesses at the federal level. Representing nearly 2,000 member-businesses and tens of thousands of cannabis professionals, NCIA is leading the charge to protect legal cannabis businesses, defend state laws and advance federal policy reforms.

For more information, visit the event’s website at www.CannabisBusinessSummit.com

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