SHF Holdings Inc

SHF Holdings Inc. engages in the provision of financial services focused on the cannabis industry. It provides access to banking and financing solutions for the cannabis industry. The company is headquartered in Arvada, CO.

Earnings data Q3 2022

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SHF Holdings Inc (SHFS) reports stellar Q1 performance amidst regulatory uncertainties

SHF Holdings Inc (SHFS) demonstrated robust financial performance in Q1 2024, driven by strong loan income growth and cost management. While facing challenges from regulatory uncertainties and fee reductions, the company is well-positioned to capitalize on opportunities in the cannabis lending market and strategic acquisitions.

Safe Harbor Financial reports Q2 success amidst revenue challenges

Safe Harbor Financial demonstrated resilience with positive net income and strong loan interest income growth in Q2 2024.
While facing revenue challenges and regulatory uncertainties, the company maintains a solid liquidity position and growth outlook for the year.
Strategies to capitalize on industry opportunities and navigate challenges will be crucial for Safe Harbor's sustained success in the cannabis financial services sector.

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SHF Holdings, Inc. engages in the provision of financial services focused on the cannabis industry. It provides access to banking and financing solutions for the cannabis industry. The company was founded in February 2021 and is headquartered in Golden, CO.

Acclaimed politician, lawyer and cannabis industry advocate to advise Safe Harbor Financial as it continues to enhance its fully compliant cannabis banking platform Acclaimed politician, lawyer and cannabis industry advocate to advise Safe Harbor Financial as it continues to enhance its fully compliant cannabis banking platform

Safe Harbor Financial Welcomes Newly Active Board Member, Karl Racine, Nationally Renowned Former Washington, D.C. Attorney General

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Safe Harbor adds more than 300 unique accounts to its platform Increases operations to more than 40 states and U.S. territories Expands lending and technology capabilities and adds three additional financial institution relationships Deepens talent pool with experienced professionals, and further positions Safe Harbor as the leading financial technology platform facilitating cannabis financial services ARVADA, Colo. , Nov. 16, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, announced today the closing of the acquisition of Rockview Digital Solutions, Inc, d/b/a Abaca ("Abaca"), an industry leading financial technology platform focused on serving the cannabis industry.

Safe Harbor Financial Announces Completion of Abaca Acquisition

-- Revenue increased 38.6% to $2.38 Million in Third Quarter on a YoY Basis-- -- Loan Originations increased 424% For The First Nine Months to $18.9 Million, Compared to the full Year 2021 -- -- Total accounts reach 683, up 22% compared to September 2021 -- ARVADA, Colo. , Nov. 14, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, announced today its financial results for the third quarter ended September 30, 2022.

Safe Harbor Financial Reports Third Quarter 2022 Financial Results

Company to host conference call after the market closes at 4:30pm ET on November 14 th ARVADA, Colo. , Nov. 7, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry announced today that it will report financial results for the third quarter ended September 30 th, 2022 on Monday, November 14 th, 2022 after the market closes.

Safe Harbor Financial to Report Fiscal Third Quarter Financial Results on November 14th, 2022

˗           Acquisition adds over 300 accounts and expanded financial institution relationships ˗          Upon closing, will increase Safe Harbor operations to more than 30 states ˗          Further bolsters Company's position as the leading consolidation platform for additional cannabis financial services ARVADA, Colo. , Oct. 31, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, has entered into an agreement to acquire Rockview Digital Solutions, Inc d/b/a Abaca ("Abaca"), an industry-leading cannabis financial technology platform that has processed more than $3 billion in gross transactions, for $30 million.

Safe Harbor Financial Announces Definitive Agreement to Acquire Abaca

Updated Payment Schedule to Provide Safe Harbor with Increased Flexibility to  Execute Near-Term Growth Strategy ARVADA, Colo. , Oct. 27, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, announced today that Partner Colorado Credit Union (PCCU) has agreed to allow the Company to defer its initial cash payments to PCCU, for a period of six months.

Safe Harbor Financial and Partner Colorado Credit Union Agree to Deferral of Scheduled Cash Payments

Finance and Investment Professional with More Than 25 Years of Public and Private Company Experience To Usher in the Next Stage of Growth for the Leader in Facilitating Cannabis Banking and Financial Services ARVADA, Colo. , Oct. 21, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, announced today the appointment of James Dennedy as Chief Financial Officer, effective October 24 th.

Safe Harbor Financial Appoints James Dennedy as Chief Financial Officer

Partnership expands Safe Harbor's suite of financial services offerings to ATACH's members and advocacy network of over 1,000 State Licensed Permit Holders ARVADA, Colo. , Oct. 17, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, today announced it has been selected as the preferred facilitator for financial compliance, validation, and onboarding services for the American Trade Association for Cannabis & Hemp (ATACH), an organization that promotes the expansion, protection, and preservation of businesses engaged in the legal trade of industrial, medical, and recreational cannabis and hemp based products.

Safe Harbor Financial Named the Preferred Facilitator of Financial Services to the American Trade Association for Cannabis & Hemp (ATACH)

SHF Holdings (NASDAQ: SHFS ) is the new name for pot industry specialty banker Safe Harbor Financial after the Special Purpose Acquisition Company (SPAC) Northern Lights completed its acquisition. The stock jumped over 50% at the open on Oct. 5 and was over $10/share by 1 p.m.

What Is Going on With SHF Holdings (SHFS) Stock?

Northern Lights Acquisition Corp

Acquires SHF, LLC d/b/a Safe Harbor Financial from Partner Colorado Credit Union Changes Name to SHF Holdings, Inc. SHF Holdings' Class A Common Stock to Trade on the Nasdaq Capital Market under the Symbol SHFS Starting September 29, 2022 NEW YORK , Sept. 29, 2022 /PRNewswire/ -- SHF Holdings, Inc. (the "Company") (Nasdaq: SHFS), formerly known as Northern Lights Acquisition Corp. ("NLIT") (Nasdaq: NLIT), a special purpose acquisition company, announced that it has completed its previously announced acquisition of SHF, LLC, d/b/a Safe Harbor Financial ("Safe Harbor"), a leader in offering compliance services to financial institutions that serve the regulated cannabis industry.

Northern Lights Acquisition Corp. Completes Business Combination

News for SHF Holdings Inc Stock (SHFS)