Financial Services for Cannabis

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Safe Harbor Financial and FundCanna Announce Strategic Partnership to Expand Access to Capital for Cannabis Operators
Newsfilterยท 2025-04-17 11:00
Core Insights - SHF Holdings, Inc. (Safe Harbor Financial) has formed a strategic partnership with FundCanna to enhance financial services for the cannabis industry, focusing on accessible funding and compliant banking solutions [1][2][3] Company Overview - Safe Harbor Financial is a fintech leader providing financial services to the regulated cannabis industry, having facilitated over $25 billion in deposit transactions across more than 41 states and U.S. territories [7] - FundCanna specializes in providing flexible capital solutions tailored for cannabis operators, offering customizable and reliable funding products [4][5] Partnership Details - The partnership allows FundCanna to refer clients to Safe Harbor for banking services, while Safe Harbor will refer clients to FundCanna for various credit-based solutions [2][3] - This collaboration aims to address the financial challenges faced by cannabis operators, particularly in light of regulatory hurdles and limited access to traditional capital [3] Industry Context - The cannabis industry continues to experience significant limitations from traditional financial institutions, necessitating innovative financial solutions [3] - The partnership is positioned to provide an end-to-end solution for cannabis businesses, enhancing their ability to manage cash flow and pursue growth opportunities [3]