CHICAGO, IL, Aug. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CannaTrac® Technology Inc. (CannaTrac or “the Company”), the leading cashless payment solution for the cannabis industry, today announced that Vice Chairman and CEO Tom Gavin will speak at the Ohio Bankers League Cannabis Banking Conference on the panel, “Your Bank’s Answers to the Cannabis Conundrum”, from 9:15 AM to 10 AM on August 20, 2019 at the QUEST Conference Center.

“Your Bank’s Answers to the Cannabis Conundrum” will delve into the regulatory issues banks face when dealing with the cannabis industry, the opportunities present in this growing industry, and the risks attendant of taking advantage of those opportunities. The Ohio Bankers League Cannabis Banking Conference will include leading industry speakers as they discuss navigating through the pros and cons of banking cannabis businesses and customers.

“I am honored to have the opportunity to speak about the current state of cannabis banking, why it matters, and what CannaTrac® is doing to help the industry move forward,” said Tom Gavin, Vice Chairman and CEO of CannaTrac®. “We believe that progress can happen when industry leaders come together to create solutions. We are excited to be part of this conversation regarding a pressing issue in the cannabis industry.”

According to the Ohio Cannabis Association, Ohio’s cannabis industry is expected to grow between $1.5 and $2 billion in the coming years. Due to a lack of federal banking policies for the cannabis industry, CannaTrac® provides a solution through its fast and secure cashless payment solution CannaCard®. 

To learn more about CannaTrac®, visit https://www.cannatrac.com/

ABOUT CANNATRAC® 

CannaTrac® is dedicated to bringing safety to the cannabis industry by serving as the industry’s leading cashless payment solution. CannaTrac® created the CannaCard® and the CannaCard App™ to provide consumers and retailers with a convenient way to benefit from increased safety and convenience through cashless purchases within the legal cannabis industry. Shop.Pay.Earn Rewards™ with the CannaCard®. To learn more about CannaCard® or register as a merchant, please visit https://cannatrac.com/

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