Ryan Handelman is a seasoned expert in cannabis banking, relationship management, and program development, with a proven track record of helping financial institutions and cannabis operators navigate the unique challenges of the cannabis industry. Over the years, Ryan has become a trusted leader in the field, driving the development of innovative banking solutions for the rapidly growing cannabis sector. His deep expertise in understanding the regulatory complexities and financial needs of cannabis businesses has positioned him as a key advocate for the industry.
As FVP and Director of Cannabis Banking at Berkshire Bank, Ryan spearheaded the creation and expansion of a full-service cannabis banking program, specifically designed to support licensed cannabis businesses. Under his leadership, Berkshire Bank became a critical partner to many cannabis operators, providing them with the financial tools and services necessary to grow and succeed in an increasingly regulated environment. His ability to implement strategic banking initiatives tailored to the needs of cannabis businesses has consistently delivered results, helping operators navigate the complexities of compliance, banking, and financing.
Before his role at Berkshire Bank, Ryan worked with banks and credit unions across all legal cannabis states, helping them build and scale their cannabis banking programs. His experience spans program development, compliance strategy, relationship management, and securing partnerships that align with both financial institutions and cannabis operators. Ryan’s work in bridging the gap between cannabis businesses and financial institutions has been instrumental in creating sustainable banking solutions that meet the industry’s unique needs.
In 2024, Ryan founded Chronic Capital to address the need for reasonably priced, short-term cannabis business loans, offering an alternative to the high rates many operators face. Recognizing the limitations of traditional financial institutions, Chronic Capital was established to provide trust, transparency, and tailored financial solutions. Chronic also provides consulting and advisory services to banks in the cannabis industry, helping them build, grow, and improve their cannabis programs. Chronic Payments, another arm of the firm, provides dispensaries with trusted merchant service solutions. Guided by integrity, innovation, and partnership, Chronic is helping empower various financial services throughout the budding industry.
Ryan’s academic background is just as impressive, holding a Bachelor of Science in Finance and an MBA in Business Analytics and Information Systems from Fairfield University. His education has been further strengthened by certifications such as the Commercial Banking & Credit Analyst (CBCA®) designation from the Corporate Finance Institute and his accreditation as a Cannabis Banking Professional. These qualifications, coupled with his deep understanding of the endocannabinoid system, reflect his commitment to continuously expanding his knowledge and expertise in both finance and the cannabis industry.
Beyond his professional achievements, Ryan is an active voice in the industry. As a member of the National Cannabis Industry Association’s Banking and Financial Services Committee, he has contributed to shaping best practices and regulatory advocacy for cannabis banking. His leadership and vision for the future of cannabis finance are helping to drive the industry forward, ensuring that both operators and financial institutions can thrive in this complex and ever-evolving landscape.
Ryan Handelman’s unique combination of industry knowledge, strategic vision, and hands-on experience in cannabis banking makes him a highly sought-after consultant, advisor, and leader. His dedication to fostering trust and transparency in cannabis finance continues to support the growth and success of both financial institutions and cannabis businesses across the United States.
Character: Ryan Handelman demonstrates integrity and commitment to fostering strong, compliant relationships between financial institutions and cannabis businesses.
Knowledge: With expertise in cannabis banking regulations and program development, Ryan possesses in-depth understanding of the industry’s financial landscape.
Strategic: Ryan’s strategic vision has enabled banks and credit unions to create successful cannabis banking programs tailored to meet the unique needs of cannabis operators.
Communication: Ryan excels in client relations and industry collaboration, effectively conveying complex ideas and solutions to financial institutions and business stakeholders.
