While California cannabis banking is legal, cannabis-related businesses (CRBs) across the state struggle to access much-needed financial services. Major financial institutions refuse to serve CRBs due to federal prohibition. Unable to open a bank account or file taxes electronically, running a CRB becomes a daily battle.
Safe Harbor Financial was established in 2015 to end this divide. Beginning in Colorado, we’ve expanded nationwide, supporting numerous CRBs across all sectors of the industry. We’ve processed $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated in 20 states nationwide.
Few financial institutions deliver our quality services; none for the cannabis industry. Our services for cannabis banking in California include checking and savings accounts, online banking, consumer payments, electronic tax payments, direct deposit payroll, and more.
Under our guidance, CRBs receive a personal financial advisor, our collection of financial services, informed regulatory advice, and even access to our loan program.
Become a member of one of the US’s leading cannabis banks – get ready to join Safe Harbor Financial today.