SHF Holdings hits milestone, helps process over $20B in cannabis related funds

SHF announced that since its inception in 2015, the Company has successfully facilitated the processing of over $20B in cannabis-related funds through its trusted network of partner banks, hitting a key milestone for the Company and financial industry at large. “Our ability to leverage our deep knowledge and experience in navigating the cannabis industry’s complex regulatory environment has positioned Safe Harbor as an integral component for safely processing funds from legal operators into the banking system,” said Sundie Seefried, CEO of Safe Harbor Financial. “The milestone of successfully facilitating $20 billion of compliant cannabis funds through our financial institution partners speaks directly to the strength of our fintech platform and the increasing role Safe Harbor is playing in supporting the growth of cannabis related businesses across the country. In fact, we are on target to exceed $4 Billion in 2023 alone, representing a 31% increase over 2022.”