Access secure, compliant business banking in Arizona with Safe Harbor Financial—the platform built exclusively for cannabis operators.
Learn MoreWe serve Arizona’s legal cannabis community—including dispensaries, cultivators, manufacturers, and hemp businesses—with full-service solutions: checking accounts, cash flow support, lending, digital payments, and mobile banking. Every service is built to meet the regulatory demands and operational needs of licensed operators across the state.
Arizona legalized adult-use cannabis in 2020 through Proposition 207, allowing adults 21 and over to legally possess, purchase, and grow limited quantities for personal use. Licensed retail sales began in January 2021, making Arizona one of the fastest states to launch a recreational cannabis program.
The Arizona Department of Health Services (ADHS) oversees cannabis licensing and regulation for dispensaries, cultivators, processors, and testing facilities. Operators must maintain full compliance with ADHS guidelines covering security, inventory, and operational standards. For more information, visit the Arizona Department of Health Services – Marijuana Licensing.
At Safe Harbor Financial, we’ve supported cannabis and hemp businesses nationwide since 2015, providing real banking solutions—checking, lending, payments, and mobile tools—backed by deep regulatory expertise and a decade of industry experience.
Open your account today to elevate your success!
Safe Harbor accepts applications from all cannabis-related businesses. There are three steps to join:
As part of your application, you’ll need to provide:
Yes. Safe Harbor Financial isn’t specific to any sector of the cannabis market. We provide cannabis/marijuana, CBD, and hemp banking services in Phoenix. Here’s a list of all the types of cannabis businesses we serve:
No matter your industry, we’ve got the relevant expertise to help you grow and succeed.
Cannabis banking is about security and peace of mind. Whether it be paying taxes or wages, online banking, or record-keeping, having access to trusted, comprehensive financial services can remove much of the headache from growing a cannabis business. While we handle the financial aspects, you can pour your energy into growing your business.
Moreover, without cannabis banking in Phoenix, your business becomes a prime target for thieves. That means additional security, armored vans, and threats to staff. Cannabis banking isn’t optional; it’s a necessity. After all, it’s why Safe Harbor Financial was founded.
Please apply for a loan by completing our online application. If you’re an existing client, inform your personal banker so they can track the application process. So long as all the relevant documentation is present, we aim for a turnaround of 30 days.