Safe Harbor Financial Surpasses $25 Billion in Cannabis-Related Funds as It Celebrates 10th Anniversary
Safe Harbor Financial (NASDAQ: SHFS) has achieved a significant milestone by processing over $25 billion in cannabis-related funds through its partner bank network, coinciding with its 10th anniversary. Founded in 2015, the company has established itself as a pioneer in providing secure and compliant financial services for the regulated cannabis industry.
The company currently serves clients across nearly 40 states and US territories, offering comprehensive financial solutions designed specifically for cannabis businesses. CEO Sundie Seefried emphasized their founding mission of enhancing community safety through stable and compliant banking services for legal cannabis companies.
Safe Harbor's achievement demonstrates its strategic focus on scaling operations and expanding services while maintaining industry compliance standards. The milestone has been endorsed by industry players, including Mint Cannabis CEO Eivan Shahara, who highlighted Safe Harbor's important role in providing access to critical financial services while ensuring regulatory compliance.
Safe Harbor Financial (NASDAQ: SHFS) ha raggiunto un traguardo significativo elaborando oltre $25 miliardi in fondi legati alla cannabis attraverso la rete delle sue banche partner, in coincidenza con il suo 10° anniversario. Fondata nel 2015, l'azienda si è affermata come pioniere nel fornire servizi finanziari sicuri e conformi per l'industria della cannabis regolamentata.
L'azienda attualmente serve clienti in quasi 40 stati e territori statunitensi, offrendo soluzioni finanziarie complete progettate specificamente per le imprese di cannabis. Il CEO Sundie Seefried ha enfatizzato la loro missione fondamentale di migliorare la sicurezza della comunità attraverso servizi bancari stabili e conformi per le aziende di cannabis legali.
Il successo di Safe Harbor dimostra il suo focus strategico sull'espansione delle operazioni e dei servizi, mantenendo nel contempo gli standard di conformità del settore. Il traguardo è stato sostenuto da attori del settore, tra cui il CEO di Mint Cannabis Eivan Shahara, che ha sottolineato il ruolo importante di Safe Harbor nel fornire accesso a servizi finanziari critici garantendo al contempo la conformità normativa.
Safe Harbor Financial (NASDAQ: SHFS) ha logrado un hito significativo al procesar más de $25 mil millones en fondos relacionados con la cannabis a través de su red de bancos asociados, coincidiendo con su décimo aniversario. Fundada en 2015, la empresa se ha establecido como pionera en proporcionar servicios financieros seguros y conformes para la industria regulada de la cannabis.
Actualmente, la empresa atiende a clientes en casi 40 estados y territorios de EE. UU., ofreciendo soluciones financieras integrales diseñadas específicamente para negocios de cannabis. La CEO Sundie Seefried enfatizó su misión fundacional de mejorar la seguridad de la comunidad a través de servicios bancarios estables y conformes para empresas de cannabis legales.
El logro de Safe Harbor demuestra su enfoque estratégico en escalar operaciones y ampliar servicios mientras mantiene los estándares de cumplimiento del sector. El hito ha sido respaldado por actores de la industria, incluido el CEO de Mint Cannabis, Eivan Shahara, quien subrayó el papel importante de Safe Harbor en proporcionar acceso a servicios financieros críticos mientras se asegura el cumplimiento regulatorio.
세이프 하버 파이낸셜 (NASDAQ: SHFS)는 파트너 은행 네트워크를 통해 250억 달러 이상의 대마 관련 자금을 처리하여 10주년 기념의 중요한 이정표를 달성했습니다. 2015년에 설립된 이 회사는 규제된 대마 산업을 위한 안전하고 규정을 준수하는 금융 서비스를 제공하는 선구자로 자리매김했습니다.
현재 이 회사는 거의 40개 주와 미국 해외 영토에서 고객에게 서비스를 제공하며 대마 사업을 위해 특별히 설계된 포괄적인 금융 솔루션을 제공합니다. CEO Sundie Seefried는 합법적인 대마 회사에 대한 안정적이고 규정을 준수하는 은행 서비스를 통해 지역 사회의 안전을 향상시키는 그들의 창립 사명을 강조했습니다.
세이프 하버의 성과는 운영 확대와 서비스 확장에 대한 전략적 집중을 보여주며 산업의 규정 준수 기준을 유지하는 것을 목표로 하고 있습니다. 이 이정표는 Mint Cannabis의 CEO인 Eivan Shahara를 포함한 업계 관계자들에 의해 지지받았으며, 그는 규제 준수를 보장하면서도 중요한 금융 서비스에 접근할 수 있도록 하는 세이프 하버의 중요한 역할을 강조했습니다.
Safe Harbor Financial (NASDAQ: SHFS) a atteint un jalon significatif en traitant plus de 25 milliards de dollars de fonds liés au cannabis grâce à son réseau de banques partenaires, coïncidant avec son 10ème anniversaire. Fondée en 2015, l'entreprise s'est affirmée comme un pionnier dans la fourniture de services financiers sûrs et conformes pour l'industrie du cannabis réglementée.
Actuellement, l'entreprise sert des clients dans près de 40 États et territoires américains, offrant des solutions financières complètes spécifiquement conçues pour les entreprises de cannabis. La PDG Sundie Seefried a souligné leur mission fondatrice d'améliorer la sécurité communautaire grâce à des services bancaires stables et conformes pour les entreprises de cannabis légales.
Le succès de Safe Harbor démontre son attention stratégique à l'échelle des opérations et à l'expansion des services tout en maintenant les normes de conformité de l'industrie. Ce jalon a été soutenu par des acteurs du secteur, y compris le PDG de Mint Cannabis, Eivan Shahara, qui a souligné le rôle important de Safe Harbor en fournissant un accès à des services financiers critiques tout en garantissant la conformité réglementaire.
Safe Harbor Financial (NASDAQ: SHFS) hat einen bedeutenden Meilenstein erreicht, indem es über 25 Milliarden Dollar an Cannabis-bezogenen Mitteln über sein Partnerbanken-Netzwerk verarbeitet hat, zeitgleich mit seinem 10. Jubiläum. Gegründet im Jahr 2015, hat sich das Unternehmen als Pionier in der Bereitstellung sicherer und konformer Finanzdienstleistungen für die regulierte Cannabis-Industrie etabliert.
Das Unternehmen bedient derzeit Kunden in fast 40 Bundesstaaten und US-Territorien und bietet umfassende Finanzlösungen, die speziell für Cannabisunternehmen entwickelt wurden. CEO Sundie Seefried betonte ihre Gründungsmission, die Sicherheit der Gemeinschaft durch stabile und konforme Bankdienstleistungen für legale Cannabisunternehmen zu verbessern.
Der Erfolg von Safe Harbor zeigt den strategischen Fokus auf die Skalierung der Betriebe und die Erweiterung der Dienstleistungen, während gleichzeitig die Compliance-Standards der Branche eingehalten werden. Der Meilenstein wurde von Branchenakteuren unterstützt, darunter der CEO von Mint Cannabis, Eivan Shahara, der die wichtige Rolle von Safe Harbor bei der Bereitstellung des Zugangs zu kritischen Finanzdienstleistungen und der Sicherstellung der regulatorischen Konformität hervorhob.
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Milestone Underscores the Company’s Leadership in Providing Reliable Financial Services, Credit Facilities and Innovative Solutions for the Regulated Cannabis Industry
GOLDEN, Colo., Jan. 16, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a trailblazer in providing secure and compliant financial services for the regulated cannabis industry, announced a significant achievement: surpassing
Sundie Seefried, CEO of Safe Harbor Financial said, “Our founding mission was to enhance community safety by providing a stable and compliant environment for legal cannabis companies. Reaching this threshold during our 10th anniversary is a landmark achievement that speaks to our unwavering commitment to supporting the cannabis industry with transparent, secure and scalable financial solutions. This milestone is not just a reflection of our success but also a testament to the trust our clients place in us and the passion and expertise of our team. Over the past decade, we’ve built an unparalleled platform that empowers cannabis businesses to thrive while setting new standards for compliance, accountability and innovation in the financial sector. I couldn’t be more proud of what we’ve accomplished and am excited about the opportunities ahead as we continue to drive the industry forward.”
Since its founding in 2015, Safe Harbor has led the charge in addressing the unique financial challenges faced by the cannabis sector. As one of the first financial institutions to design solutions specifically for cannabis businesses, Safe Harbor now serves clients across nearly 40 states and US territories, delivering a robust suite of financial products that enable businesses to operate with confidence in a heavily regulated environment.
“Safe Harbor Financial has been an essential partner in our journey,” said Eivan Shahara, co-founder and CEO of Mint Cannabis, a vertical multi-state operator headquartered in Arizona. “Their innovative approach to cannabis banking has enabled us to access critical financial services while maintaining full compliance with stringent state and federal regulations. As the industry grows and pushes for federal reform, Safe Harbor’s expertise and leadership are more important than ever. We’re proud to be part of their journey and look forward to achieving even greater success together.”
The Company’s
About Safe Harbor
Safe Harbor is among the first service providers to offer compliance, monitoring and validation services to financial institutions, providing traditional banking services to cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. Safe Harbor, through its financial institution clients, implements high standards of accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Over the past decade, Safe Harbor has facilitated more than
Cautionary Statement Regarding Forward-Looking Statements
Certain information contained in this press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included herein may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Forward-looking statements may include, but are not limited to, statements with respect to trends in the cannabis industry, including proposed changes in U.S and state laws, rules, regulations and guidance relating to Safe Harbor’s services; Safe Harbor’s growth prospects and Safe Harbor’s market size; Safe Harbor’s projected financial and operational performance, including relative to its competitors and historical performance; new product and service offerings Safe Harbor may introduce in the future; the impact volatility in the capital markets, which may adversely affect the price of Safe Harbor’s securities; the outcome of any legal proceedings that may be instituted against Safe Harbor; and other statements regarding Safe Harbor’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “outlook,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Safe Harbor’s filings with the U.S. Securities and Exchange Commission. Safe Harbor undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact Information
Safe Harbor Investor Relations
ir@SHFinancial.org
KCSA Strategic Communications
Ellen Mellody
safeharbor@kcsa.com
FAQ
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