Welcome to Up in Smoke, Part 4 - credit unions and weed.
Buckle up. Dan Mayfield, public affairs director at LeveragePoint, a strategic communications firm in Albuquerque NM, will be our guide in this podcast to the cannabis business in New Mexico.
Cash, public safety, and a $130 million dollar annual business take. That's legal marijuana in New Mexico -- and right now credit unions are scrambling to help serve this market.
LeveragePoint has a ringside seat and that's because it is wholly owned by the Credit Union Association of New Mexico.
You heard that right.
That also means it's playing a key role in setting up the CU Cannabiz show in Chicago in April and Mayfield offers more details on that in this podcast.
Part 3 is a podcast with Paul Stull, CEO of the Credit Union Association of New Mexico.
What's important here is that cannabis is a potentially huge market for credit unions. It has risks, sure.
But it has a grand upside.
Here all about all sides in this podcast. It's a fast ride.
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