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Los Angeles Cannabis Banking

Grow your business with unparalleled marijuana banking in Los Angeles. Safe Harbor Financial is one of America’s leading cannabis banking institutions serving cannabis, CBD, and hemp-related businesses.

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Founded in 2015, Safe Harbor Financial was conceived to solve a major problem with the then-nascent legitimate cannabis industry: access to reliable and regulatory-compliant financial services. After seven years, over 600 accounts, and more than $12 billion in processed funds, we’re a leading light for cannabis banking in Los Angles and beyond.

Nor are we solely limited to the core cannabis industry. Our regulatory expertise and experience extend to biotech firms, cultivators, manufacturers, and CBD and hemp banking in Los Angeles. 

Under our institution, cannabis-related businesses gain access to unmatched personalized banking and reliable regulatory advice, as well as checking and savings accounts, online banking, consumer payments, electronic tax payment, direct deposit payroll, and much more.

We’re ready to take your business to the next level. Please get in touch with our team to find out more about joining Safe Harbor Financial today.

Los Angeles Cannabis Banking Services

For all cannabis-related businesses, access to financial services and capital investment is essential to growth. Yet, federal restrictions prohibit major financial institutions from delivering much-needed services to the industry. That’s where Safe Harbor Financial comes in. Through these professionals, you can access our 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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Experience success with marijuana banking in Los Angeles

With one of the biggest recreational cannabis markets in the country, Los Angeles is experiencing unprecedented growth in the cannabis industry. Even more impressive, since Proposition 64 passed in 2016, the city of angels has been leading the way legislatively. 

The new Cannabis Appellations Program seeks to “promote regional cannabis goods and local businesses, prevent the misrepresentation of a cannabis good’s origin, and support consumer confidence about a cannabis good’s origin and characteristics.”

This industry-leading attitude creates the ideal atmosphere for growth – so long as businesses are supported by the relevant cannabis banking institution. 

However, with cannabis enterprises previously being forced to pay their obligation in cash due to the absence of cannabis banking in Los Angeles, there remains a dire need for a reliable and reputable institution to lead the way: enter Safe Harbor Financial.

We believe further innovations and opportunities await – and we’re ready to help you seize them.

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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? +

To join Safe Harbor Financial, you’ll need to complete the application process:

  1. Submit your application
  2. Document check and due diligence
  3. An interview, site inspection, and in-depth business review.

Alongside your application form, you’ll also need to submit:

  • 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

For any further questions about Safe Harbor or the application process, please contact our team

Can I apply for a loan from Safe Harbor Financial? +

Yes. Please follow the guidance on our website about submitting loan applications. We ask that existing clients inform their personal bankers about the application to ease the process. In addition, you’ll need to provide the following information:

  • All business documents and relevant information
  • Tax ID Number
  • A brief description of the use of funds
  • Business license
  • Type of loan needed
  • Personal credit history

We try to process your application within a 30-day period. Please remain available for interviews and other inspections as part of the process.

Do you serve all cannabis-related businesses? +

Yes. All our financial services are available to cannabis-related businesses, so long as they are legitimate and meet our standards. Here are the types of businesses we serve:

  • Growers, manufacturers, and CBD extraction
  • Cannabis biotechnology firms
  • Dispensaries and retailers
  • Cannabis associations
  • Service companies
  • Cannabis industry consultants
  • Landlords and ancillary