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Safe Harbor Financial Surpasses $25 Billion in Cannabis-Related Funds as It Celebrates 10th Anniversary
SHFSSHF (SHFS) GlobeNewswire·2025-01-16 13:30

Core Insights - Safe Harbor Financial has achieved a significant milestone by processing over 25billionincannabis−relatedfunds,markingits10thanniversaryandunderscoringitsleadershipintheregulatedcannabisfinancialservicessector[1][4].−Thecompanyhasestablisheditselfasapioneerinprovidingsecureandcompliantfinancialsolutionstailoredforthecannabisindustry,servingclientsacrossnearly40statesandU.S.territories[2][4].−SafeHarbor′scommitmenttocompliance,transparency,andinnovationhaspositioneditasatrustedpartnerforcannabisbusinesses,enablingthemtooperateconfidentlywithinaheavilyregulatedenvironment[3][4].CompanyOverview−Foundedin2015,SafeHarborFinancialspecializesinofferingcompliance,monitoring,andvalidationservicestofinancialinstitutions,focusingoncannabis,hemp,CBD,andancillaryoperators[4].−ThecompanyimplementshighstandardsofaccountabilityandriskmitigationmeasureswhileadheringtotheBankSecrecyActandFinCENguidance[4].−SafeHarbor′srobustsuiteoffinancialproductshasfacilitatedover25 billion in cannabis-related funds, marking its 10th anniversary and underscoring its leadership in the regulated cannabis financial services sector [1][4]. - The company has established itself as a pioneer in providing secure and compliant financial solutions tailored for the cannabis industry, serving clients across nearly 40 states and U.S. territories [2][4]. - Safe Harbor's commitment to compliance, transparency, and innovation has positioned it as a trusted partner for cannabis businesses, enabling them to operate confidently within a heavily regulated environment [3][4]. Company Overview - Founded in 2015, Safe Harbor Financial specializes in offering compliance, monitoring, and validation services to financial institutions, focusing on cannabis, hemp, CBD, and ancillary operators [4]. - The company implements high standards of accountability and risk mitigation measures while adhering to the Bank Secrecy Act and FinCEN guidance [4]. - Safe Harbor's robust suite of financial products has facilitated over 25 billion in deposit transactions, reflecting its strategic focus on scaling operations and expanding services [3][4].