Anyone involved in the cannabis industry likely knows that banking is an issue. However, the nuances are manifold, and few have an expertise like Paula Durham. Paula is an Associate Director with JS Held and focuses part of her practice on the cannabis industry (CLICK here for more information about Paula). Paula wrote an excellent article on banking issues in the cannabis industry, which is entitled “Banking Trends for Cannabis-Related Businesses”. The article was published in the March 2020 edition of the AZ Attorney Magazine, which is a monthly periodical published by the Arizona State Bar (CLICK here to download a copy of Paula’s article).
Paula’s background is very unique. Paula started working with Simon Consulting, which recently merged with JS Held, in 2013. Paula worked for cannabis clients while at Simon. In 2016, Paula took a job in the cannabis industry as the Director of Operations and Compliance with a vertically integrated company that had retail locations, grow operations and product manufacturing. Paula had worked for the client while their business was in receivership in Arizona. In 2019, Paula returned to Simon Consulting to continue providing services to the cannabis industry. She currently is assisting with a receivership over