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

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 »
August 2025

CFIG Cannabis Clips Week of Friday, August 22

Cannabis News of Note: NCS Analytics Unveils Risk Index: A Game-Changing Tool for Cannabis Compliance Marijuana Moment: Supreme Court Gives Marijuana Companies More Time To File Petition In Case Challenging Federal Prohibition Reuters: US appeals court sides with medical marijuana users in challenge to gun ban Marijuana Moment: US Must Legalize Marijuana And Expunge Drug […]...READ MORE »
August 2025

CFIG Cannabis Clips Week of Friday, August 15

Cannabis News of Note: PBS News: Will Trump change federal marijuana policy? Here’s what to know Marijuana Moment: GOP Congressman Files Bill To Reschedule Marijuana As Trump Considers Decision On Reform News 9: Oklahoma Medical Marijuana Authority launches new ‘managing owner’ requirement for license holders Boston Globe: State auditor finds widespread mismanagement at Cannabis Control […]...READ MORE »
August 2025

CFIG Cannabis Clips Week of Friday, August 8

Cannabis News of Note: Wall Street Journal: White House Preps Order to Punish Banks That Discriminate Against Conservatives (paywalled, full text below) The White House: Executive Order: GUARANTEEING FAIR BANKING FOR ALL AMERICANS Cannabis Wire: New York regulators pause seed-to-sale deadline amid Metrc/BioTrack deal(paywalled newsletter, text below) Marijuana Moment: Rand Paul Is Working To ‘Reach […]...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