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Cannabis Banking, Simplified.

Shield's purpose built compliance platform manages the risk, compliance and operational demands associated with banking in the legalized cannabis industry. With Shield's transactional and operational transparency tools, compliance officers are notified of non-compliant activity quickly. 

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As the list of states legalizing the use of marijuana grows, so are the number of financial institutions willing to provide banking services to businesses associated with the emerging industry.


In this piece published today in Crain's Chicago Business, Shield’s founder and CEO Noah Carey shares his thoughts on Illinois’ historic passage of a marijuana legalization bill and the urgent need for Cannabis Banking services in legal states.

Click here to read article

Shield Compliance joined over 250 NCIA members in Washington, D.C. to advocate for passage of the SAFE Banking Act and federal recognition of state cannabis laws.  Source: thecannabisindustry.org

Last month, Shield Compliance participated in NCIA Lobby Days in Washington, D.C. to demonstrate our support for passage of the SAFE Banking Act in Congress. Recognition of state cannabis laws at the federal level is a key imperat...

April 25, 2019

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The cannabis industry carries with it tremendous potential and opportunities for merchants, suppliers and backers. But for banks, the sector isn't so clear cut. What's legal in a growing number of states remains illegal on the federal level, and that places financial institutions at a tricky intersection.

Tony Repanich, president and chief operations officer for Shield Compliance, bre...

April 25, 2019

As a Blue Wave crashes on the shores of Congress and Democrats assert control of the House of Representatives, there’s reason to believe a Green Wave may soon follow. Democratic lawmakers in both chambers have introduced a slate of bills to align federal policy with state marijuana laws. Notably, a House congressional committee voted in late March to approve the SAFE (Secure and Fair Enforcement) Banking Act, a bill sponsored...

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