Safe Harbor Financial (Nasdaq: SHFS)

MJBizCon is almost here—aka the biggest, busiest, and craziest week in cannabis! Sundie Seefried and Tyler Beuerlein be in Las Vegas dodging crowds, making connections, and sharing Ubers to get to all the events. As you piece together your packed schedule, make sure you don’t miss Sundie’s panel on the impact of the SAFER Banking Act on the cannabis industry. She’ll be speaking alongside some of the most esteemed voices in the industry like... Kevin Hart - Green Check Jesse Redmond - Water Tower Research LLC Erin O'Donnell, CBP, CMM, DES - American Cannabis Bankers Association

Where in the world is Tyler Beuerlein?

Tyler Beuerlein highlighted the ongoing necessity for bipartisan Congressional support to pass the SAFE Banking Act, adding, "Even with favorable shifts in state policies, the cannabis sector will still operate under complex and sometimes contradictory regulations."

“Schedule III doesn't do much from a banking or regulatory oversight perspective," he said, highlighting that financial access improvements would likely be limited, aside from increased deposits. Tyler Beuerlein highlights a reality that many in the industry are feeling right now—while rescheduling cannabis is a step, it falls short of addressing one of the biggest barriers for cannabis businesses: financial access. This article explores what rescheduling to Schedule III actually means and the gaps it leaves in banking reform. As the cannabis industry continues to push for fair financial access, it's clear there’s still work to be done.

We’re excited to share some great news from our Credit Department. We’ve secured a $1.07 million credit facility for a cannabis operator in Missouri. This support is all about empowering cannabis businesses to grow, access essential funding, and reach new heights. Helping operators expand their capabilities is at the heart of what we do, and we’re proud to be part of this journey for so many across the industry.

Happy Checklist Day! ? At Safe Harbor Financial, we know that staying organized is key to success in the cannabis industry. Our comprehensive banking solutions make it easier to check off your financial to-do list, from compliance to growth planning. What’s on your business checklist today? Let us help you get it done! ??? #ChecklistDay #CannabisBanking #BusinessOrganization #SafeHarborFinancial #StayOrganized

Credit card payments in the cannabis industry remain a challenge due to federal restrictions. Learn about the alternative payment options available and the role of federal reform in our latest blog. Safe Harbor Financial is leading the way in addressing these financial obstacles. https://hubs.ly/Q02VyMzk0 #CannabisBanking #CannabisPayments #CreditCardProcessing #SafeHarborFinancial

It’s Get To Know Your Customers Day, and at Safe Harbor Financial, we value the relationships we build with each of our cannabis clients. Understanding your unique business needs helps us provide tailored banking solutions that drive your success. Let’s continue growing together—tell us, what’s one thing you love about your business? ??? #GetToKnowYourCustomersDay #CannabisBanking #CustomerConnections #SafeHarborFinancial

The cannabis banking landscape is shifting rapidly, and few people have had a front-row seat to these changes like CEO & President Sundie Seefried. In her latest interview, Sundie discusses the evolving cannabis banking industry, focusing on the challenges businesses face and the emerging opportunities. Safe Harbor Financial remains dedicated to staying at the forefront of these changes, continuing to support cannabis companies with the financial solutions they need to grow and succeed in this competitive market.

In a recent op-ed, Sundie Seefried highlights the significance of cannabis rescheduling as a critical step for reform but emphasizes it’s not the ultimate solution to all of the cannabis industry's challenges. While rescheduling would open doors for medical research and financial services, it won’t instantly resolve issues like banking access or broader federal reform. The cannabis industry still faces hurdles that need addressing, such as the disconnect between federal and state laws and the challenges operators face accessing financial services. It’s a reminder that while progress is happening, it’s a long road ahead, and continued efforts are essential to achieve lasting change.