The cannabis banking problem is well-known, but is often misunderstood. In this session, join Dan Roda, CEO of cannabis financial platform Abaca, for a discussion of the continued evolution in the availability of key financial products to cannabis operators. This presentation will include an overview and comparison of new lending and credit products for cannabis businesses as well as a deep dive into emerging payments and e-commerce options — an essential consideration for any licensee or ancillary service provider looking to future-proof their business.
Dan Roda, CEO, Abaca
Educated at Tulane University and Villanova Law School, Dan Roda entered the professional world as a corporate attorney. He first experimented with the cannabis industry in 2017, helping clients draft and file dispensary license applications in Arkansas. During this process, Dan was exposed to the cannabis banking problem, which led him and three partners to found Abaca, a financial technology company providing banking, payment processing and lending solutions to the cannabis and hemp industries. Dan represented Abaca in the CanopyBoulder accelerator program in fall of 2018 and is a founding board member of the Emerging Markets Coalition. Dan is also vice president of the Arkansas Cannabis Industry Association and is on the National Cannabis Industry Association’s Hemp Committee.