In this episode of The Cannabis Marketing Podcast we discuss cannabis banking.
Our guest, Mel Barnes, is the Executive Vice President and Chief Operating Officer at Oklahoma State Bank. Mel has over 25 years in the banking industry, primarily in payments and operations. Her experience includes management, training, business development, treasury management, marketing, deposit operations, customer support, and cannabis banking.
Banks have generally been unwilling to do business with companies that sell marijuana or related products because marijuana is not federally legal.
Oklahoma State Bank was the first bank in Oklahoma to offer banking services directly to cannabis businesses.
For more information about cannabis banking with Oklahoma State Bank, please visit their Cannabis Banking page.