Safe Harbor Financial
Cannabis-focused banking, payments, lending, and business support platform serving operators across 42 states and territories.
Safe Harbor (SHF Holdings, Inc.; Nasdaq: SHFS) helps cannabis businesses bank, borrow, operate, and grow. Since launching in 2015, Safe Harbor has supported thousands of businesses across 42 states and territories, processed more than $36 billion in depository activity, and originated more than $120 million in loans. Operators can access business checking and savings, ACH, wires, bill pay, digital payments, secure cash logistics, commercial lending, and dedicated support from cannabis banking specialists. Banking services are delivered through NCUA- and FDIC-member partner financial institutions. Beyond banking, Safe Harbor provides or facilitates bookkeeping, financial reporting, fractional CFO support, payroll, retirement plans, insurance, technology, and other back-office services built for cannabis businesses. Many of these services can be used independently, allowing operators to strengthen specific parts of their business without replacing their existing banking relationship. Safe Harbor serves licensed THC operators, hemp and CBD businesses, and cannabis-related ancillary companies. Its digital-first model combines broad geographic coverage with dedicated relationship managers who understand cannabis licensing, cash flow, and day-to-day operations.
At a glance
- Starting price
- Custom
- Category
- Banking
- Cannabis focus
- Cannabis Specialized
- Founded
- 2015
- Company size
- Mid-market
What it does
- Cannabis-focused business banking through NCUA- and FDIC-member partner financial institutions
- Bookkeeping, financial reporting, fractional CFO, payroll, retirement and back-office support
- Lending, treasury, and cash management for operators
- Armored cash, ACH, wires, and FinCEN-aligned monitoring
Key features
FDIC/NCUA-insured partner deposits · Compliant business banking accounts · ACH, wires, bill pay & debit · Armored cash pickup & smart safes · Consumer debit payment solutions · Cannabis lending platform · Commercial real estate financing · Working capital & equipment loans · Treasury & cash management · Bookkeeping / AP & AR support · Fractional CFO / strategic finance · Payroll & employee banking options · FinCEN-aligned monitoring & reporting · Dedicated cannabis relationship manager · MSO multi-entity account oversight
Best fit
Retailers, Cultivators, MSOs, Operators
Who is it for?
Retail cannabis operators that need compliant deposits, cash logistics, debit acceptance, and audit-ready records without relying on cash-only operations.
Plant-touching businesses that need stable banking, vendor/tax payments, and lending for real estate, equipment, or working capital.
Operators with licenses across multiple states who want consolidated account oversight, consistent compliance monitoring, and national cash/payments infrastructure.
Licensed hemp/CBD firms and cannabis-adjacent service providers that still face traditional-bank account closures tied to industry activity.
Businesses seeking loans, treasury support, bookkeeping, or fractional CFO help on top of (or instead of) day-to-day banking.
Markets served
Safe Harbor Financial lists availability in 41 of 50 states, plus Puerto Rico: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, West Virginia, Puerto Rico.