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Safe Harbor Launches First Fully Managed Cannabis Banking Program For Banks And Credit Unions

Author: Benzinga Newsdesk | September 02, 2025 06:04am

SHF Holdings, Inc., d/b/a Safe Harbor Financial (Safe Harbor or the "Company") (NASDAQ:SHFS), a fintech leader in providing financial services and credit facilities to the regulated cannabis industry, announced the official launch of its Fully Managed Cannabis Banking Program, the industry's first and only solution offering complete operational and compliance outsourcing for financial institutions. The announcement comes ahead of CEO Terry Mendez's participation in the PBC Conference 2025, where he will join industry leaders to discuss the future of cannabis banking, reinforcing the Company's commitment to delivering compliant, scalable financial infrastructure at a national level.

The turnkey program is designed for community banks, credit unions and financial institutions seeking to serve the legal cannabis market without expanding internal teams, taking on new risk, staffing or marketing cannabis services directly. From client acquisition and onboarding to compliance oversight and account support, Safe Harbor handles 100% of the program operations while deposits are held directly by the partner institution.
 

Posted In: SHFS

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