SHF Holdings, Inc. (SHFS) Launches its Fully Managed Cannabis Banking Program

Group 1 - SHF Holdings, Inc. (NASDAQ:SHFS) has launched the first fully managed cannabis banking program, providing an outsourced operational and compliance platform for financial institutions in the regulated cannabis market [2][3] - The program allows community banks and credit unions to offer compliant cannabis banking services without the need to expand internal teams or take on additional risk, as SHF Holdings will handle client acquisition, onboarding, and compliance [3] - This model aims to protect partner institutions from reputational risks and operational overhead while creating a scalable solution for serving cannabis businesses [3][4] Group 2 - SHF Holdings, Inc. is recognized as one of the best penny stocks, focusing on providing banking, credit, payments, and compliance solutions exclusively to the legal cannabis industry across the U.S. [4] - There is significant hedge fund interest in SHF Holdings, contributing to its inclusion in the list of the 10 Best Bank Penny Stocks to Buy [1]