Husch Blackwell is pleased to announce that partner Tobias P. Moon will present at the Mortgage Bankers Association (MBA) Regulatory Compliance Conference in Washington, DC on the topic of lending to individuals employed by legitimate marijuana businesses.
“While many states have passed statutes legalizing medical and recreational cannabis, it remains illegal under federal law with increased enforcement risk,” said Moon. “The inconsistency and heightened risks creates challenges for employees of legitimate cannabis businesses seeking mortgage loans and the companies lending to them.”
Moon’s presentation will explore the regulatory, enforcement and reputational implications for mortgage lenders seeking to originate loans for cannabis-industry employees and identify the latest developments and best practices for serving this niche segment of the mortgage industry.