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Meet the new Safe Harbor financial platform. Smarter banking, seamless capital, and fractional financial operations that help operators stay healthy and grow.

Meet the new Safe Harbor financial platform. One solution that brings together banking, lending, financial operations, and strategic growth support. Built for operators and backed by ten years of industry expertise. If you’re looking for a financial partner that truly understands and can help move your business forward, Safe Harbor is ready. Learn more → shfinancial.org

Safe Harbor offers more than banking for operators. We help them gain clarity and control with secure accounts, flexible lending, clean books, precise reporting, and dependable financial operations support.

The DEA has issued federal registrations to more than 900 medical cannabis dispensaries. Now comes the question of who they can do business with. New DEA guidance could prevent federally registered medical cannabis operators from buying from or selling to certain state-licensed businesses that lack federal eligibility. That could disrupt longstanding customer and supplier relationships, affect inventory and pricing, and create new cash flow pressures. If you're a cannabis operator, it's worth reviewing your major customers and suppliers now. A change in their federal status could affect your business, even if you're not seeking registration yourself. Our latest article breaks down the new guidance, who could be affected, and the financial implications for medical and adult-use operators. Read more:👉https://lnkd.in/eRuf8HWE #CannabisBanking #CannabisIndustry #CannabisFinance Terrance (Terry) Mendez, Amanda McComb, CAMS, Cassandra Crites, Kimberly Seefried, CAMS, Frank A. Salluce, CISA, CRISC, David Smokler, CISA, CISM, Ashley Allen, Stephen LaRosa, Brigette Loyd, Margaret Williams, CBAP, BSACS, Sheri Fransua-Rodriguez, Ean Mullins

Cannabis banking looks different today than it did five or six years ago. Markets have matured. Federal policy continues to evolve. More financial institutions are serving the industry. And credit unions now have more options for building and scaling a program without developing every specialized process internally. In a new article published today in CUInsight, Safe Harbor takes a closer look at what has changed, including: • How cannabis exposure may already exist within a credit union’s membership • What recent federal policy changes mean for financial institutions • How operating models and specialized infrastructure have evolved • Why scale, staffing and examination readiness matter • How participation lending can help institutions manage exposure while retaining broader relationships The point isn’t that every credit union should enter cannabis banking. It’s that institutions that evaluated the opportunity several years ago may want to reassess it based on today’s market, regulatory environment and available infrastructure. Read: 👉https://lnkd.in/eYAHUu3v #CreditUnions #CannabisBanking #SafeHarborInstitutional #CannabisFinance

The medical license you nearly let die may now be your best tax asset. Qualifying medical marijuana is now Schedule III, while adult-use remains Schedule I. Because Section 280E applies only to Schedule I and II substances, dual-license operators may face very different tax treatment within the same business. The potential benefit is significant, but it will depend on clean records, clear separation of activity and an allocation methodology that can withstand scrutiny. Our latest article examines what changed, what remains unresolved and what operators can do while awaiting Treasury guidance. 👉 Read the full article: https://lnkd.in/gA9HJi92 #CannabisBanking #CannabisBusiness #280E #MedicalCannabis #CannabisIndustry Terrance (Terry) Mendez; Jeffrey Kay; Mike Regan; Frank A. Salluce, CISA, CRISC; David Smokler, CISA, CISM; Amanda McComb, CAMS; Cassandra Crites; Margaret Williams, CBAP, BSACS; Heather Watters, CFMP; Leann Hemenway; Ashley Allen; Ean Mullins