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Cannabis Banking: Safe Harbor to Trade on Nasdaq

Updated: Feb 15, 2023

The legalization of cannabis throughout the United States is an incredibly important cultural shift. This new frontier of legal cannabis businesses requires financial services companies that can provide ethical banking solutions to cannabis businesses.

Safe Harbor is one such pioneer, who has been lending money and providing banking services to cannabis businesses since the very beginning of the legalization process. It stands as a leader in the world of cannabis banking and has paved the way for a variety of innovative and forward-thinking banking solutions. With them now trading on Nasdaq, it is a groundbreaking act in this industry. Safe Harbor has been instrumental in breaking down the barriers that prevent many financial institutions from working with the cannabis industry.

By providing quality banking services, it is helping cannabis businesses to comply with necessary regulations, manage finances, protect cash, and provide essential services to their customers. They are making it easier for cannabis businesses to set up shop and get access to the financial services they need. These financial services are essential for the growth and acceptance of legal cannabis businesses. Furthermore, companies like Safe Harbor are holding the industry to a higher standard of accountability while providing clear and transparent services. Their efforts have also helped to legitimize the cannabis industry in a time when cannabis was still viewed with suspicion.

Sundie Seefried and her team of professionals represent a beacon of light in the world of cannabis banking. Their pioneering spirit and progressive thinking have made it easier for cannabis businesses to access the financial services they need to successfully operate.

The Nasdaq’s decision to provide Safe Harbor to trade publicly is a sign that the unfair stereotypes surrounding cannabis are slowly beginning to break. The decision demonstrates that the government is taking cannabis seriously, which is helping to improve public perception of cannabis.

If you have been on the fence about getting into this industry, this is your cue to schedule a White Labeling consultation with our team and learn more about how you can be a part of this growing industry.

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