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Safe Harbor Financial Originates $6.7M First-Lien Secured Loan For Global Real Estate Investment Firm
Friday, June 16, 2023 - 8:30am | 334SHF Holdings, Inc. (NASDAQ: SHFS) has originated a $6.7 million loan for a global real estate investment firm. The loan is secured by a first lien on a class A multitenant cannabis industrial property located in Oakland, California. “The origination of this loan will generate fee and interest...
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Safe Harbor Financial Q1 Revenue Grows 150% YoY, Surpasses $1.1B In Quarterly Deposits
Monday, May 15, 2023 - 9:04pm | 769On Monday, SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS), announced its financial results for the quarter ended March 31, 2023, revealing net revenue of $4.2 million in Q1 2023, an increase of 150% compared to $1.7 million in Q1 2022. Q1 2023 Financial Highlights Processed...
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Safe Harbor Stock Skyrockets On Teaming Up With Five Star Bank To Create A Potential Billion-Dollar Growth Opportunity For Cannabis Banking
Thursday, May 11, 2023 - 8:35am | 393SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS) and Five Star Bank, a New York-based subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), are partnering to expand crucial access to cannabis banking nationwide. Safe Harbor’s fintech platform provides a single point of...
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Safe Harbor Financial Resolves $68.6M In Debt Obligations
Monday, April 17, 2023 - 9:43am | 354SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS) has negotiated the resolution of approximately $68.6 million in debt obligations since the beginning of 2023. “Since the beginning of the year, we have been working hard to resolve the financial complexities associated with, and...
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Exclusive: Former Washington D.C. Attorney General, Karl Racine, Joins Board Of A Cannabis-Friendly Bank Alternative
Wednesday, February 8, 2023 - 8:20am | 786SHF Holdings, Inc. ( d/b/a/ Safe Harbor Financial) (NASDAQ: SHFS) confirmed Wednesday that Karl A. Racine has commenced active participation on the company’s board of directors following his January 2023 departure from office. “We are delighted to have Mr. Racine, a celebrated political...
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Safe Harbor Acquires Cannabis Fintech Platform Abaca
Wednesday, November 16, 2022 - 11:02am | 453SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS) closed the acquisition of Rockview Digital Solutions, Inc, d/b/a Abaca, a financial technology platform focused on serving the cannabis industry. The acquisition increases Safe Harbor's customer base to include more than 1,000...
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Safe Harbor Financial Reports Q3 Revenue Increase To $2.38M QoQ
Monday, November 14, 2022 - 8:17pm | 535Safe Harbor Financial (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, announced its financial results late Monday for the third quarter that ended September 30, 2022. Third Quarter Financial and Operational Highlights Safe Harbor completed its...
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Safe Harbor To Delay Initial Payments To Partner Colorado Credit Union
Thursday, October 27, 2022 - 10:56am | 423SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS), announced that Partner Colorado Credit Union has agreed to allow the company to defer its initial cash payments to PCCU, for a period of six months. "I am grateful for PCCU's continued support and trust in our relationship....