The Cannabis Financial Industry Group (CFIG) coalesces financial institutions and associated services providers serving the regulated US cannabis industry.

OBJECTIVES

Inform and advocate for federal and state policy, and the substantively enacted regulations.

Develop industry practices and standards for financial institutions and associated serving the US cannabis industry.

Educate stakeholders informing state and federal oversight on the industry best practices towards improving consistency among regulators and audits.

Cultivate partnerships with peer financial institutions that mitigate risk and expand opportunities.

Interested in More Information

General Membership is open to all banking and financial institutions. Affiliate Membership is available to service providers. For all inquires, please contact Erin Moffet via the form below.

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Industry News

November 2025

CFIG Cannabis Clips Week of Friday, November 14

Cannabis News of Note: Newsweek: Hemp Ban: Full List of THC-Derived Products That Face Being Pulled Marijuana Moment: Marijuana Rescheduling Review Remains ‘Ongoing’ Three Months After Trump Announced Imminent Decision, White House Staffer Says Marijuana Moment: US Attorney Will Begin ‘Rigorously’ Prosecuting People For Marijuana On Federal Land After Trump DOJ Rescinds Biden-Era Guidance Investigative...READ MORE »
November 2025

CFIG Cannabis Clips Week of Friday, November 7

Cannabis News of Note: Law360: Fla. Cannabis Banking Biz Broke Law, Investor Suit Says (paywalled, full text below) MJ Biz Daily: Marijuana MSO sues DoorDash, Total Wine to halt hemp THC sales Marijuana Moment: Alcohol Industry Groups Push Congress To Ban Intoxicating Hemp Products—At Least Until Federal Regulations Are Enacted Marijuana Moment: Major Association Of […]...READ MORE »
October 2025

CFIG Cannabis Clips Week of Friday, October 30

Cannabis News of Note: Washington Business Journal: MainStreet Bank backs away from cannabis banking initiative as it eyes M&A (paywalled, article attached) Cannabis Wire Daily: Scoop: Consumer Brands Association joins the chorus on banning industrial hemp. (paywalled/newsletter for 10/28, text below) Marijuana Moment: GOP Senator Pushes To Study—Rather Than Ban—Hemp Products, As State Attorneys General […]...READ MORE »
October 2025

CFIG Cannabis Clips Week of Friday, October 24

Cannabis News of Note: Mountain State Spotlight: West Virginia has collected $34 million from its medical cannabis program. It hasn’t spent a penny. The Oklahoman: Up against a deadline, dozens of marijuana growers sue the Oklahoma Bureau of Narcotics Marijuana Moment: Texas Officials Adopt Rules To Expand Number Of Medical Marijuana Dispensaries In the State […]...READ MORE »
October 2025

CFIG Cannabis Clips Week of Friday, October 17

Cannabis News of Note: Free Press: MAGA and Marijuana Might Become Best Buds (paywalled, full text attached) Fox News: Dialing down dope: Trump White House moves toward easing restrictions on marijuana Marijuana Moment: Senators Disagree On Whether Trump Rescheduling Marijuana Would Get Industry Banking Bill Across The Finish Line Tucson Weekly: Pot Money: Are big […]...READ MORE »
October 2025

CFIG Cannabis Clips Week of Friday, October 10

Cannabis News of Note: Cultivated Daily (10/7): Aquinnah Capital Partners launches (newsletter, text below) Business Wire: Green Check Launches The Forum, a New Platform Extension for Trusted Connections in High-Risk Industries Marijuana Moment: DEA Says Marijuana Rescheduling Appeal Process Remains Stalled Under New Administrator Who Pledged To Prioritize The Issue Marijuana Moment: Trump Rescheduling Marijuana […]...READ MORE »
October 2025

CFIG Cannabis Clips Week of Friday, October 3

Cannabis News of Note: Marijuana Moment: Trump Rescheduling Marijuana Would Be An ‘Important Domino’ Toward Passing Cannabis Banking Bill, GOP Senate Sponsor Says Op-Ed: Banking on Change: How Cannabis Financial Services Are Quietly Evolving Under Federal Prohibition Claims Journal: Carrying Safes, Driving Cars Through Doors: The World of Cannabis Claims, Exposures And Risks Marijuana Moment: […]...READ MORE »
September 2025

CFIG Cannabis Clips Week of Friday, September 26

Cannabis News of Note: American Banker: Cannabis banking needs more certainty than the SAFER Act provides (paywalled op-ed, full text below) Ask a Pol Podcast: Rescheduling marijuana “important domino,” SAFER Banking Act sponsor Sen. Moreno says Tucson Sentinel: Dispensaries defend cashless ATM smokescreen from fraud claims MJ Biz Daily: Track and trace now coming to […]...READ MORE »
September 2025

CFIG Cannabis Clips Week of Friday, September 19

Cannabis News of Note: CRB Monitor News: Will Rescheduling Cannabis Entice More Banks? ProSight Financial Association: Weighing the pros and cons as attention on cannabis banking grows Vermont CCB: Reminder about banking requirements Bloomberg Law: Chapter 15 Bankruptcy Is Untapped Option for Cannabis Industry NPR: Ohio’s state medical board investigating complaint of medical cannabis card […]...READ MORE »
September 2025

CFIG Cannabis Clips Week of Friday, September 12

Cannabis News of Note: Cultivated: Cannabis industry operators and experts share banking challenges: ‘Logic and reason don’t apply’ Yahoo! Finance: IndicaOnline Launches sweedePay: Bank-to-Bank Payment Platform for Cannabis E-Commerce MJ Biz Daily: Following surprise deal, New York delays cannabis track and track until 2026 Heady NJ: Scutari Endorses 1 Plant Home Grow, State Bank for […]...READ MORE »
September 2025

CFIG Cannabis Clips Week of Friday, September 5

Cannabis News of Note: Yahoo! Finance: Safe Harbor Financial Launches Industry’s First Fully Managed Cannabis Banking Program for Financial Institutions PR Newswire: LeafLink Partners with Confia to Deliver Best-In-Class Cannabis Banking Services Global Newswire: Green Check Launches Managed Services to Accelerate Growth for Financial Institutions Operating in High-Risk Industries Marijuana Moment: Congresswoman Blasts Lack Of […]...READ MORE »
August 2025

CFIG Cannabis Clips Week of Thursday, August 28

Cannabis News of Note: Marijuana Moment: GOP Congressman Circulates Draft Bill To Regulate Hemp Products As Colleagues Pursue THC Ban Marijuana Moment: New Republican National Committee Chairman Supports Marijuana Legalization MJ Biz Daily: Medical marijuana patient data exposed in major breach NORML: Cannabis Rescheduling: Myths Versus Reality   Cannabis Reports of Note: Special Report: The […]...READ MORE »

Who We Are

MANAGEMENT TEAM

SAPHIRA GALOOB, Executive Director

ERIN MOFFET, Director of Communication

DAVID MANGONE, Director of Policy

JUDY GOOTKIND, Treasurer

CFIG BOARD LEADERSHIP

ADAM CRABTREE, Chairman, NCS Analytics

JUDY GOOTKIND, Treasurer, Creative Services, Inc

CFIG FOUNDING BOARD AND EXECUTIVE COMMITTEE MEMBERS