The cannabis industry, despite its rapid growth, continues to face significant barriers to accessing essential financial and business services. This presentation will provide a high-level overview of the industry’s challenges, particularly regarding limited access to banking, insurance, and employee benefits like 401(k) plans. By introducing solutions such as the SAFER Banking Act and exploring the benefits of offering retirement plans, the presentation will illustrate how addressing these gaps can help cannabis businesses improve employee retention, financial stability, and long-term success. Real-world examples and actionable steps will be discussed, offering a roadmap for cannabis companies to secure their future in an evolving market.
Jordan Soifer, Director, Business Development, ClearingGateway
Jordan Soifer is a sales and finance professional with experience in international sales and strategic growth, having served as the Director of International Sales at Axonic Insurance Services. In his past role as an Analyst at Veritus Holdings, LLC, Jordan developed expertise in market research and due diligence, focusing on industries like healthcare, consumer goods, and cannabis. His understanding of the financial system and the challenges the cannabis sector faces in accessing traditional services like banking and insurance positions him to help bridge these gaps for businesses.