CANNABIS Banking and financial services iN

Access secure, compliant business banking and specialized financial services in Connecticut with Safe Harbor—the platform built exclusively for cannabis operators.

‍

‍

Open an Account
arrow button
Bank Card
A woman

Safe Harbor is the established leader in cannabis banking and financial services in Connecticut, with more than $26 billion in funds processed since launching the nation’s first compliant program in 2015.

‍

We serve Connecticut’s legal cannabis community, including cultivators, processors, dispensaries, secure transporters, and testing laboratories, with full-service solutions built around licensed operators’ needs. Our foundation is in cannabis business banking, offering checking accounts, cash flow support, lending, digital payments, and mobile banking, all delivered with unmatched compliance expertise.

‍

Beyond banking, Safe Harbor provides a full suite of financial services to help operators stay financially healthy and grow. These include back-office operations support, compliance and audit preparation, financial reporting, strategic advisory, and CFO-level guidance. Every service is designed to meet the regulatory demands and operational realities of cannabis businesses across Connecticut.

COMPLIANT BANKING AND FINANCIAL SERVICES FOR CANNABIS OPERATORS IN

Smarter Banking

Compliant, interest-bearing accounts with checking, mobile banking, payments, and secure cash logistics—built to meet the needs of cannabis businesses.
Bank card image

Financial Services

Bookkeeping, accounting, tax support, and CFO-level guidance tailored to cannabis-specific operations.
Bank card image

Flexible Lending

Real estate financing and working capital solutions, purpose-built for cannabis operators at every stage of growth.
Bank card image

BUSINESS BENEFITS

Reduce costs and streamline operations with preferred access and pricing on payroll, HR, insurance, legal, marketing, and more, available through our vetted Safe Harbor Advantage partner network.
Bank card image
Open an Account
arrow button
Our partners

Cannabis Legalization and Regulation in Connecticut

‍

Connecticut has fully legalized both recreational and medical cannabis, creating one of the most comprehensive cannabis programs in the Northeast. Recreational marijuana use became legal on July 1, 2021. Adults 21 and older may possess up to 1.5 ounces in public and up to 5 ounces in a locked container at home or in a vehicle. Home cultivation is also permitted, with residents allowed to grow up to 6 plants per person (maximum 12 per household) indoors. Licensed recreational cannabis sales launched in January 2023 and continue to expand across the state.

‍

Connecticut’s medical marijuana program, established in 2012, remains in place alongside the recreational market. Registered patients may possess up to 5 ounces and can purchase products from licensed medical or hybrid dispensaries. Medical cannabis users are also allowed to cultivate up to 6 plants per person within the household cap. The program is overseen by the Connecticut Department of Consumer Protection, which regulates both medical and adult-use cannabis.

‍

Hemp and hemp-derived CBD products with up to 0.3% THC are legal statewide. However, new rules effective January 1, 2025, restrict certain hemp-derived THC products. “Moderate-THC Hemp” products (0.5–5 mg THC per container) and THC-infused beverages (up to 3 mg per 12-ounce container, max four per package) may only be sold through licensed cannabis retailers, hybrid dispensaries, or endorsed package stores. Any products exceeding these thresholds are classified as “High-THC Hemp” and are regulated as cannabis, requiring full licensing and compliance.

‍

The Connecticut Department of Consumer Protection’s Cannabis Division oversees all licensing, compliance, and enforcement for both recreational and medical cannabis markets, as well as regulations for hemp-derived products.

‍

For official information on Connecticut cannabis laws, dispensary licensing, and program updates, visit: https://portal.ct.gov/cannabis

Frequently Asked Questions

Open an Account
arrow button
What type of cannabis businesses do you work with in Connecticut?
Are Safe Harbor's services compliant?
What other financial services do you offer to Connecticut cannabis businesses?
How long does it take to open a cannabis banking account in Connecticut?