SHF Launches Fully Managed Cannabis Banking Program for Financial Institutions

*DENVER –* SHF Holdings, Inc., d/b/a

Safe Harbor Financial launched its

Fully Managed Cannabis Banking Program, believed to be the industry’s first
solution offering complete operational and compliance outsourcing for
financial institutions.

The turnkey program is designed for community banks, credit unions, and
financial institutions seeking to serve the legal cannabis market without
expanding internal teams, taking on new risk, staffing or marketing
cannabis services directly. From client acquisition

and onboarding to compliance oversight and account support, Safe Harbor
handles 100% of the program operations while deposits are held directly by
the partner institution.

“Banks and credit unions often want to serve the cannabis market but are
constrained by staffing limitations or reputational concerns,” said
Kimberly Seefried, vice president of Safe Harbor and head of the Company’s
Fully Managed Cannabis Banking Program.

“This program eliminates those barriers.”

Safe Harbor’s Fully Managed Program represents a strategic expansion of a
model the company has privately operated since 2015.

The program also offers a seamless exit strategy for institutions winding
down cannabis banking operations, enabling them to transfer deposit
management and client servicing to Safe Harbor without disrupting
relationships.
About Safe Harbor

Safe Harbor is a cannabis-exclusive financial platform delivering banking,
lending, payments, and business services tailored to how the cannabis
industry

actually operates. As one of the original pioneers of compliant cannabis
banking in the U.S., Safe Harbor has facilitated more than $25 billion in
cannabis-related transactions across 41 states and territories. Through its
proprietary Cannabis Banking Solutions Platform and network of regulated
financial institution partners, Safe Harbor empowers cannabis operators to
gain clarity, control and confidence in their financial operations.