Safe Harbor Financial

Safe Harbor Financial (NASDAQ:SHFS) reported a significant turnaround in the third quarter of 2024, achieving a net income of $354,000 – a stark improvement from the $748,000 loss in the same quarter of 2023. However, total revenue declined by 20%, dropping from $4.3 million to $3.5 million....

Safe Harbor Financial (NASDAQ:SHFS), focused on cannabis banking solutions, is embroiled in a legal battle over its $30 million acquisition of Rockview Digital Solutions (Abaca), initially agreed upon in October 2022. Complications arose as the company prepared for a scheduled payment to...

Safe Harbor Financial Services, Inc. (NASDAQ: SHFS) reported a 245% year-over-year increase in net income to approximately $2.0 million for the first quarter of 2024. This is a significant change from a net loss of $1.4 million in the same period last year. CEO Sundie Seefried noted the company...

At the recent Benzinga Cannabis Capital Conference in Chicago, experts explored the role of small banks and credit unions in the cannabis industry. With regulatory challenges and evolving services, these institutions are vital for the sector's growth. What drives these smaller players into...

Sundie Seefried, CEO and president of Safe Harbor Financial, was a panelist on “Small Banks And Credit Unions: The Creators Of The American (Cannabis) Dream” at Benzinga’s Cannabis Capital Conference. Seefried shared that one of the biggest challenges of financing the cannabis...

Safe Harbor Financial (NASDAQ: SHFS), a pioneer in delivering financial services to the regulated cannabis sector, has announced the origination of a $3 million loan for a Washington-based organic THC-infused beverage company. This financial infusion aims to fuel the company's expansion into...

Safe Harbor Financial (NASDAQ: SHFS), a facilitator of financial services and credit solutions for the cannabis industry, release its financial results Monday for the quarter ending June 30, 2023 (Q2 2023). Safe Harbor's Q2 2023 Revenue And Operational Highlights Safe Harbor...