Fargo Cannabis Banking

Established in 2015, Safe Harbor Financial has a single goal: to save the nascent cannabis industry from the clutches of the underbanking crisis. Despite medical or recreational marijuana being legal in many states, federal prohibition prevents major financial institutions from interacting with cannabis-related businesses (CRBs). That leaves CRBs in the odd situation of being legally allowed to open but lacking the support needed to thrive.

Seven years on, Safe Harbor is now a lifeline to hundreds of CRBs, helping to support the fast-growing industry. We’ve created a range of cannabis banking services designed to meet the cannabis industry’s specific needs. Our Fargo cannabis banking services include checking and savings accounts, online banking, consumer payments, electronic tax payments, direct deposit payroll, and more.

Small wonder that we’ve earned a nationwide reputation for our excellence.

Operating in 20 states, we’ve processed more than $12 billion in cannabis-related funds across nearly 600 accounts. There’s still more left to do. We’re now accepting applications for marijuana and hemp banking in Fargo.

Let our team advise and support your CRB – join the Safe Harbor family today.

Experience unparalleled marijuana banking in Fargo

Fargo is the largest city in North Dakota, forming a regional hub alongside nearby Moorhead, MN. With a thriving economy, continually growing population, and North Dakota State University, there’s nowhere better in the region for starting a cannabis business.

In fact, Forbes ranked Fargo the best small city in the nation to start a business or a career. The only downside is the current legal status of marijuana: it is legal for medical use but illegal for recreational use. That said, a recreational referendum is in the planning stages, and locals favor legalization – meaning it’s only a matter of time. 

Being a rich agricultural region, growing hemp offers another avenue for CRBs. Indeed, the crop thrives in the local area. From growers to CBD extractors, operating a hemp-CBD-medical marijuana business is a major possibility.

You need an experienced financial institution to deliver top-quality regulatory advice and financial support. By choosing Safe Harbor, you’ll also be perfectly positioned for if and when North Dakota decides to legalize recreational cannabis.

Choose to succeed – become a member of Safe Harbor Financial today.