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Safe Harbor Financial introduced the first fully managed cannabis banking program, offering financial institutions a turnkey solution for handling cannabis deposits with reduced regulatory risks and operational overhead.
The cannabis industry saw significant developments this week, including New York reaching $1 billion in sales, Tilray reporting earnings, DoorDash expanding into hemp-derived products, and Ukraine registering its first medical cannabis product.
Safe Harbor Financial, a leader in providing financial services to the cannabis industry, has originated a $1.07 million secured credit facility for a Missouri-based cannabis operator. The facility will help the operator refinance existing debt and optimize operations in the growing Missouri cannabis market.


