SHF Holdings originates $3M first lien secured loan

SHF Holdings announced that it has originated a $3 million loan for a Washington-based organic, THC-infused beverage company to support its expansion into the California market. Dan Roda, Executive Vice President & Chief Operating Officer of Safe Harbor Financial commented, “This credit facility, secured by a first lien on the beverage company’s state-of-the-art bottling plant in Washington, demonstrates Safe Harbor’s critical role in supporting the expansion of leading cannabis operators and brands across the country. These companies are continuing to experience strong growth as demand for innovative cannabis products, especially as demand within novel categories such as infused food and beverage, continues to grow. At Safe Harbor, we take pride in our ability to facilitate this growth, and, armed with our industry-leading suite of credit products, we are uniquely situated to support it.”