Safe Harbor Financial expects positive impact from cannabis rescheduling and SAFER Banking Act.

SHF Holdings, d/b/a Safe Harbor Financial, a fintech leader in the regulated cannabis industry, anticipates positive impacts from potential federal rescheduling of cannabis to Schedule III and passage of the SAFER Banking Act. These developments could encourage state-chartered banks and credit unions to reconsider serving cannabis-related businesses, expanding Safe Harbor's total addressable market. The company's Fully Managed compliance service allows banks to quickly and profitably serve these businesses in 41 states and territories.