SHF (US:SHFS) Globenewswire·2025-11-17 11:00Core Insights - Safe Harbor has launched the cannabis industry's first comprehensive financial solutions platform aimed at improving access to capital, operational efficiency, and long-term stability for cannabis operators [1][2] Group 1: Financial Solutions Overview - The platform integrates banking, borrowing, operational support, and growth services tailored for the cannabis industry [1][2] - Safe Harbor continues to provide compliant financial access, including secure accounts, digital tools, payment support, and detailed reporting for audit and regulatory needs [3] - The lending program has been expanded to offer more flexible options for established cannabis operators, facilitating greater capital flow into the sector [4] Group 2: Operational and Advisory Services - Safe Harbor now provides operational support services such as bookkeeping, payroll, cash management, and HR, among others [5] - The platform includes strategic finance and advisory services, including fractional CFO support, budgeting, valuations, and M&A support [5][6] - These solutions allow cannabis businesses to strengthen their finance teams or utilize a fully outsourced financial solution for better clarity and control [6] Group 3: Company Evolution and Market Position - Under CEO Terry Mendez, Safe Harbor has transformed from a single-service provider to a multi-service financial platform, aiming to become the "SoFi of cannabis" [7] - The company has achieved significant milestones in 2025, including the launch of the first Fully Managed Cannabis Banking Program for financial institutions [7] - Safe Harbor has facilitated over $26 billion in cannabis-related transactions across 41 states and territories, reinforcing its position as a leading financial partner in the cannabis industry [10]