-
Surging 147%, Safe Harbor Financial Reports Q2 2023 Revenue $4.6M, Total Deposits Reach $1.1B
Monday, August 14, 2023 - 7:19pm | 413Safe Harbor Financial (NASDAQ: SHFS), a facilitator of financial services and credit solutions for the cannabis industry, release its financial results Monday for the quarter ending June 30, 2023 (Q2 2023). Safe Harbor's Q2 2023 Revenue And Operational Highlights Safe Harbor...
-
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...
-
EXCLUSIVE: Funding Alternatives For Cannabis Companies Present Unique Opportunities For Investors
Monday, April 17, 2023 - 3:37pm | 577The cannabis industry has been affected by disruptions in the banking industry and changes in funding sources. Valley National's recent $72 million loan to Truly “is of particular interest, as it represents a significant move out of the shadows for banks in the cannabis industry,"...
-
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...
-
SPAC Northern Lights & Safe Harbor Sign Redemption Backstop Arrangement Of Up To $50M
Tuesday, June 21, 2022 - 9:54am | 289Northern Lights Acquisition Corp. (NASDAQ: NLIT) a special purpose acquisition corporation, and SHF, LLC d/b/a/ Safe Harbor Financial, a leading financial services provider to the cannabis industry, have entered into a redemption backstop arrangement in the form of an OTC equity prepaid forward...
-
Safe Harbor Financial Closes Senior Secured Loan To Solar Cannabis
Tuesday, June 7, 2022 - 9:43am | 303SHF, LLC d/b/a/ Safe Harbor Financial, a leading financial services provider to the cannabis industry, closed a $5 million senior secured loan to Solar Cannabis Co., an established vertically-integrated cannabis operator headquartered in Somerset, Massachusetts. Solar Cannabis will use the funds to...
-
Public Health & Safety Cannabis Financial Service Certification Recognized By Attorneys General Alliance
Monday, April 25, 2022 - 12:52pm | 426Upon the close of the Attorney General Alliance's (AGA) Cannabis Project Conference in Denver, attorneys general from across the nation have recognized the completion of a cannabis pilot and now launch of an official two-part cannabis certification program called "The Public Health &...
-
SPAC Northern Lights To Acquire Cannabis-Focused Financial Services Provider For $185M
Monday, February 14, 2022 - 8:15am | 404Special purpose acquisition corporation Northern Lights Acquisition Corp. (NASDAQ:NLIT) and SHF, LLC dba Safe Harbor Financial, a cannabis-focused financial services provider, signed a definitive business combination agreement, under which Northern Lights' will acquire Safe Harbor from a...