SHF Holdings (SHFS, Financial) has entered into a strategic alliance with FundCanna, a prominent provider of flexible financial solutions to the cannabis industry. This partnership aims to deliver transparent, compliant banking services and funding alternatives to cannabis businesses throughout the United States.
As part of this mutual referral agreement, the collaboration allows FundCanna to refer its clients to Safe Harbor, while Safe Harbor can introduce qualified clients to FundCanna for various credit facilities, including working capital and equipment financing. This initiative is designed to provide seamless funding and banking solutions, maximizing accessibility for cannabis operators.
To ensure compliance with regulatory standards, all clients from FundCanna approved by Safe Harbor will deposit loan funds directly into bank accounts managed by Safe Harbor, promoting transparency and regulatory adherence in financial transactions.
