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

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 »
August 2025

CFIG Cannabis Clips Week of Friday, August 1

Cannabis News of Note: The Minnesota Star Tribune: Some aspiring marijuana business owners struggle to secure banking services in Minnesota American Banker: How cannabis missed out on the debanking moment (paywalled, full text below) Rhode Island CCC: Cannabis Control Commission Selects Vendor to Support Social Equity Applicant Certification Process PR Newswire: RiverBank and Green Check […]...READ MORE »
July 2025

CFIG Cannabis Clips Week of Friday, July 25

Cannabis News of Note: ABA Banking Journal: State attorneys general urge Congress to pass cannabis banking bill Business of Cannabis: Terrance Cole Confirmed as Permanent DEA Administrator, Seeing Rescheduling Process Placed Firmly in His Hands Cannabis Business Times: DEA Judge Overseeing Cannabis Rescheduling Hearing Set to Retire Missouri Independent: Missouri works to retroactively complete 16,000 […]...READ MORE »
July 2025

CFIG Cannabis Clips Week of Tuesday, July 18

Cannabis News of Note: The Financial Crimes Enforcement Network noted that marijuana banking “continues to be a topic of legislative discussion.” CRB Monitor News: Payroll, Benefits Plans Cause Regulatory Headaches CRB Monitor News: Cannabis Licensing Stalls in the 1st Quarter as Markets Mature CRB Monitor News: Public Access to Cannabis Licensing Info Improves Cannabis Business […]...READ MORE »
June 2025

CFIG Cannabis Clips Week of Tuesday, June 17

Cannabis News of Note for the Week: Marijuana Moment: The House Appropriations Committee is calling for an investigation into the Biden administration’s marijuana rescheduling recommendation, citing “deviations” from a prior review process as well as concerns about the “mental health hazards” of cannabis use. Law Firm Holland & Hart: A federal court ruled that marijuana […]...READ MORE »
May 2025

CFIG Cannabis Clips Week of Friday, May 23

Cannabis News of Note for the Week: New York Times Trump and Biden Backed Easing Marijuana Policy: What Happened?  (Full Text Attached) Marijuana Moment: Prohibitionist organization Smart Approaches to Marijuana Action is Sounding the Alarm that a cannabis Banking Amendment could be added to a cryptocurrency bill that is advancing this week. (Editor’s Note: The […]...READ MORE »
May 2025

CFIG Cannabis Clips Week of Monday, May 16

Cannabis News of Note for the Week: Marijuana Moment: Trump’s DEA Pick Refuses to Detail Marijuana Rescheduling Stance in Response to Senator’s Questions Marijuana Moment: Pennsylvania Lawmakers Blame Counterparts for Not Initiating Conversations on Legalization Washington State: Governor Bob Ferguson Signs Bill Limiting Financial Interest Agreements for Cannabis Retailers Cannabis Business Times: Naked Trademark Licensing, […]...READ MORE »
May 2025

CFIG Cannabis Clips Week of Monday, May 2

Cannabis News of Note for the Week: Politico Pro Newsletter for 4/30/25: Daines Hands Reins to Moreno (paywalled newsletter, text below) Ask a Pol Podcast: Sen. Ashley Moody noncommittal on banking protections for marijuana companies Benzinga: Donald Trump’s DEA Nominee: Reviewing Cannabis Rescheduling Will ‘Be One Of My First Priorities’ Marijuana Moment: Marijuana Businesses Are […]...READ MORE »
April 2025

CFIG Cannabis Clips Week of Monday, April 11

Cannabis News of Note for the Week: Green Market Report: Trio of Metrc-related lawsuits could force systemic changes for track-and-trace, enforcement tactics Marijuana Moment: Delaware Lawmakers Send Governor A Marijuana Bill To Address FBI Dispute That Threatens To Delay Recreational Market Launch Marijuana Moment: Bipartisan Congressional Lawmakers File Bill To End Federal Marijuana Prohibition In […]...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