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Marijuana Banking Innovator Exits $3.1M Loan, Collects Over $200K In Accrued Interest
Tuesday, July 9, 2024 - 4:59am | 536SHF Holdings, Inc., doing business as Safe Harbor Financial (NASDAQ:SHFS) — a facilitator of financial services and credit solutions for the cannabis industry, has successfully exited a $3.1 million loan that was previously in default. In addition to the full repayment of the principal, Safe Harbor...
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Safe Harbor Launches New Line Of Credit Products For Cannabis Businesses
Tuesday, September 19, 2023 - 9:18am | 610SHF Holdings, Inc., doing business as Safe Harbor Financial (NASDAQ: SHFS), a facilitator of financial services and credit solutions for the cannabis industry is launching a new portfolio of line of credit products available to cannabis businesses nationwide. The company’s new...
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$3M Loan from Safe Harbor Financial Fuels THC Beverage Company's California Launch
Thursday, September 14, 2023 - 1:43pm | 296Safe Harbor Financial (NASDAQ: SHFS), a pioneer in delivering financial services to the regulated cannabis sector, has announced the origination of a $3 million loan for a Washington-based organic THC-infused beverage company. This financial infusion aims to fuel the company's expansion into...
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Safe Harbor Shares Trading Higher On Plans To Acquire Cannabis Fintech Platform Abaca
Monday, October 31, 2022 - 9:52am | 423SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS), has entered into an agreement to acquire Rockview Digital Solutions, Inc d/b/a Abaca, for $30 million. Founded in 2017, Abaca works with its FDIC-insured bank partners to enable traditional banking services for operators ranging from...
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Abaca And Pacific Valley Bank Partner To Deliver 'The Highest Quality Banking Experience To The California Cannabis Industry'
Friday, August 26, 2022 - 10:12am | 497Abaca and Pacific Valley Bank (OTCPK:PVBK), are partnering to expand access to cannabis banking in the California market. The partnership, Abaca x PVB, provides a single point of access for deposit bank accounts, electronic payment services and cash management options for licensed cannabis...
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Abaca Crosses $2 Billion Dollars In Compliant Cannabis Commerce
Friday, February 4, 2022 - 8:43am | 305Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry. The company's growth is fueled by aligning its bank-backed financial technology offering with the needs of cannabis business operators, enabling...