Navigating the cannabis industry is challenging enough, but doing so without financial services is impossible. Yet, that’s the reality for too many cannabis businesses. While recreational cannabis was legalized in Michigan in 2018, federal prohibition prevents major financial institutions from serving the burgeoning industry.
Enter Safe Harbor Financial: Tired of seeing the cannabis industry struggle without support; we took the opportunity to fill the gap in the market.
Since 2016 we’ve managed nearly 600 accounts, processing over $12 billion in cannabis funds, and operated in 20 states nationwide. Small wonder that we’ve earned a reputation for superb financial services, tailored cannabis banking, and reliable regulatory advice.
Our Berkley cannabis banking services include checking and savings accounts, online banking, consumer payments, electronic tax payment, direct deposit payroll, and much more.
Nor are we solely dedicated to a single industry. Our expertise spans CBD, hemp, marijuana, and ancillary businesses. Speak to our team about becoming a member of one of America’s top cannabis banks.