Minority Cannabis Entrepreneurs Gain New Financial Backing, Thanks To This Partnership
SHF Holdings, Inc., doing business as Safe Harbor Financial (NASDAQ:SHFS) — a facilitator of financial services and credit solutions for the cannabis industry, has partnered with BIPOCann, a Denver-based consulting firm dedicated to aiding social equity and minority entrepreneurs in the cannabis sector.
Under this partnership, BIPOCann will offer its full membership benefits, valued at $600, to all of Safe Harbor’s existing social equity clients at no additional cost. Additionally, BIPOCann members will receive a 75% discount on application fees for financial services, complementing Safe Harbor’s existing social equity discount program.
“For years, access to reliable banking services has been one of the biggest challenges for small businesses in the cannabis industry,” stated BIPOCann founder and CEO Ernest Toney.
“I’m excited for BIPOCann’s partnership with Safe Harbor to mitigate that challenge for social equity entrepreneurs and business owners across the country. This …