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Assessing Your Banking Relationship Under Schedule III

🙋 4 Questions to Ask ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Federal Rescheduling Overview and Operator Checklist: Preparing for Industry Change

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Financial institutions may begin repositioning fast under Schedule III. Many will broaden services to rescheduled medical operators and may still treat adult-use and hemp exposure cautiously.

So, what’s an operator’s next step?

Portfolios are being reviewed now. If your account is being exited, expect 30 to 60 days of notice. If you haven’t heard from your financial institution about the new federal posture by early summer, open the conversation yourself. How?

In this month’s special report, the experts at Green Check – the trusted infrastructure powering compliant, scalable commerce in the cannabis industry – provide four questions to put to your banker now:

  1. What new documents will you require if my status changes?
  2. What type of change or activity would cause you to close my account?
  3. Are there additional fees as my status changes?
  4. Will compliance requirements on my account change?

This report explains the significance of these questions and provides operators with a detailed checklist to help them prepare for industry change. It also breaks down highlights, takeaways and key dates from the final rescheduling order.

This report is available through May 2026 only – Get it while it’s here!

Read more in Green Check’s whitepaper, Federal Rescheduling Overview and Operator Checklist: Preparing for Industry Change.

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