Jonesboro Cannabis Banking

Expand your business with marijuana and hemp banking in Jonesboro. Safe Harbor Financial is one of America’s leading cannabis banks, renowned for regulatory support and our personalized services.
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Whether you’re a medical marijuana dispensary, hemp grower, or CBD extraction company, you need access to reliable financial services to succeed and survive. Yet, despite such businesses being legal at the state level, federal prohibition prevents major financial institutions from granting support to cannabis-related businesses (CRBs). In fact, many CRBs are forced to turn to disreputable organizations or operate solely in cash.

Safe Harbor Financial was conceived in 2015 as an answer to this underbanking crisis. Over the past seven years, we’ve served hundreds of CRBs – across the full spectrum of the cannabis industry – developing a high-quality range of services dedicated to the needs of marijuana-, hemp-, and CBD-related businesses.

We’ve processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated across 20 states nationally. Our reputation for regulatory excellence and unparalleled financial services have made us one of the top cannabis financial institutions in the country.

Speak to our expert team about becoming a member. We’re here to deliver quality marijuana banking in Jonesboro.

Jonesboro cannabis banking services

The absence of reliable marijuana and hemp banking in Jonesboro is a headache for local CRBs. Other businesses can turn to high street banks, an option not open to the cannabis industry, even hemp, and CBD businesses. Through our personal bankers, you can access all our financial services, including:

Checking and savings accounts
Online banking with 24/7 account access
Consumer payments
Electronic tax payments
Cash management accounts
Cash pick-up and delivery services
Investment options
Employee accounts
Direct deposit payroll
ACH payments and origination options
Wire Services
Financing

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Grow your business with marijuana banking in Jonesboro

Running a cannabis-related business in Arkansas is a complicated matter. Given that the sale of recreational cannabis remains illegal, only medical marijuana dispensaries and grow operations are viable. However, CRBs can still exist as hemp growers and processors or in hemp-derived CBD extraction. These are lucrative sectors with ample room for expansion and growth.

What’s needed is a cannabis financial institution experienced in navigating this complicated regulatory landscape. That’s where Safe Harbor Financial comes in. Our expertise covers the whole of the cannabis industry, including marijuana, hemp, and CBD. Our expert team is ready to support your business, delivering up-to-date regulatory advice and tailored financial services.

Plus, if and when the legal status of recreational cannabis changes, few financial institutions have the experience to shepherd a business from the foothills of legalization to maturity – but we do. We’ve helped numerous businesses achieve success in Colorado and beyond.

Become a member of Safe Harbor Financial and take your business to the next level.

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Open your account today to elevate your success!

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Frequently Asked Questions

How do I join Safe Harbor Financial? +

Please submit an application via our website if you are a legitimate and legal cannabis-related business. The application process involves three steps: (1) submit your application, (2) a document check, (3) an interview, site inspection, and an in-depth business review.

As part of the application process, please submit the following:

All business documents (including bylaws and operating agreement)
Your marijuana license or certificate and a complete copy of your license application
Your IRS EIN Certification Letter

Please get in touch with our team for any further questions about the application process.

Why do I need cannabis banking in Jonesboro? +

Dealing with complex regulations and ever-changing rules is a challenge for most CRBs. With our support, you’ll receive the latest advice and guidance. Moreover, we’ll also protect your money from thieves and fraudsters who target cash-rich CRBs.

With our electronic banking services, you can easily keep track of every cent, paying bills, employees, and taxes – all while keeping your money secure.