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

March 2025

CFIG Cannabis Clips Week of Monday, March 21

Cannabis News of Note for the Week: Marijuana Moment: Democratic Senator Unsuccessfully Attempts To Add Marijuana Banking Bill Provision To Financial Regulations Proposal Law 360: Pot Co. Disputes ‘Forgery’ Of Service In Banking Suit Marijuana Moment: Delaware’s Launch Of Recreational Marijuana Sales May Be Delayed Amid Dispute With Federal Agency CRB Monitor News: Cannabis Business...READ MORE »
March 2025

CFIG Cannabis Clips Week of Saturday, March 8

House Financial Services Committee Communications: Referenced During CFIG Policy Update Financial Services Committee Requests Public Feedback on Making Community Banking Great Again Principles Financial Services Committee Requests Feedback on Legislative Proposals to Increase Investor Access and Facilitate Capital Formation   Cannabis News of Note for the Week: Fox Business: Tim Scott introduces Senate bill to […]...READ MORE »
February 2025

CFIG Cannabis Clips Week of Friday, February 21

Cannabis News of Note for the Week: MJ Biz Daily: Despite finding unlikely allies, cannabis industry still struggling with debanking CRB Monitor News: Navy Capital Winds Down Amid AML Enforcement Politico Pro Cannabis (2/21/25): Senate Vote-A-Nada On Weed (paywalled, text below)   Cannabis Reports of Note for the Week: CRB Monitor: 2024 Cannabis Business Licensing […]...READ MORE »
February 2025

CFIG Cannabis Clips Week of Friday, February 14

Cannabis News of Note for the Week: Marijuana Moment: GOP Congressman Says He’s Hopeful Marijuana Banking Will Get Across ‘Finish Line’ This Session Amid Debanking Debate Green Market Report: Republican Senators aim to kill 280E hopes Bloomberg: Cannabis Industry Faces Debt Reckoning Without Bankruptcy Help   Cannabis Reports of Note for the Week: First Citizens: […]...READ MORE »
February 2025

CFIG Cannabis Clips Week of Friday, February 7

 Cannabis News of Note for the Week: The Dales Report: Saphira Galoob: Cannabis Raised During Bank Hearing Cannabis Wire: Senate Committee Hearing on Debanking Turns, Inevitably, to Cannabis (paywalled, full text below) Marijuana Moment: New York Marijuana Officials Launch Directory To Connect Industry With Banks Amid Growing Calls For Federal Reform Marijuana Moment: Largest U.S. […]...READ MORE »
January 2025

CFIG Cannabis Clips Week of Sunday, January 19

Cannabis News of Note for the Week: Marijuana Moment: DEA Judge Cancels Marijuana Rescheduling Hearings Amid Legal Challenges, Pushing Back Reform For At Least Three Months Cannabis Wire: American Bankers Association reiterates that cannabis banking is a priority (paywalled newsletter, text below) MJ Biz Daily: Banking, veterans and research top priorities for Congress, new Cannabis […]...READ MORE »
January 2025

CFIG Cannabis Clips Week of Friday, January 10

Cannabis News of Note for the Week: Marijuana Moment: Federal Agency Asks Marijuana Businesses To Complete Survey As It Forms 2025 Focus Groups On Industry Banking Issues Politico Pro Cannabis: Departure of ‘cannabis czar’ leaves void on Capitol Hill (paywalled, text below) Politico Pro Cannabis: Unpacking the biggest weed policy battles for 2025 (paywalled newsletter, […]...READ MORE »
December 2024

CFIG Cannabis Clips Week of Sunday, December 15

Cannabis News of Note for the Week: Politico Pro Cannabis: Options for SAFE Get Slimmer (paywalled newsletter, text below) Politico Pro Cannabis: SAFE Not Dead Yet (paywalled newsletter, text below) Marijuana Moment: GOP Leaders Blocked Schumer’s Push To Include Marijuana Banking Reform In Government Funding Bill, Senate Source Says Washington Post: Are banks really ‘de-banking’ […]...READ MORE »
December 2024

CFIG Cannabis Clips Week of Friday, December 6

Cannabis News of Note for the Week: Politico Pro Cannabis Newsletter for 11/25: They Don’t Call it Lame Duck for Nothing (paywalled, text below) Politico Pro Cannabis Newsletter for 12/6: Miracle on Constitution (paywalled, text below) Punchbowl News: Steve Daines plots Banking exit for Foreign Relations Green Market Report: Cannabis finance experts at MJBiz Con […]...READ MORE »
November 2024

CFIG Cannabis Clips Week of Friday, November 22

Cannabis News of Note for the Week: Politico Pro Cannabis: Banking Rumors Have Begun (paywalled newsletter, text below) Marijuana Moment: Senate Leader Schumer Will ‘Continue To Push’ For Marijuana Banking Bill Passage This Year, Despite ‘Republican Opposition,’ Staffer Says Ask a Pol: Sen. Carper on SAFER Banking: “In Delaware, they’ve actually reacted to meet what […]...READ MORE »
November 2024

CFIG Cannabis Clips Week of Friday, November 15

Cannabis News of Note for the Week: CRB Monitor News: SAFER Act Could Bring $3.4B in Bank Deposits Over 10 Years Marijuana Moment: Trump’s Pick For Attorney General Has Vowed To ‘Go Easy On Marijuana’ If He Gets The Job Marijuana Moment: RFK Jr. Could Advance Marijuana And Psychedelics Reform Agenda As Trump’s Top Health […]...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