$25 Billion And Counting: Safe Harbor Financial’s Decade Of Keeping Cannabis Industry In The Green As Banks Remain Banned From Touching Marijuana Money
Safe Harbor Financial (NASDAQ:SHFS), which provides secure and compliant financial services for the regulated cannabis industry, announced it had surpassed $25 billion in processed cannabis-related funds through its network of partner banks.
This milestone aligns with the company’s 10th anniversary in a complex industry where many have succumbed to regulatory scrutiny.
“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,” Sundie Seefried, CEO of Safe Harbor Financial said in an email shared with Benzinga.
Since its founding in …