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Kansas Cannabis Banking

Discover top-notch solutions for marijuana banking in Montana by joining Safe Harbor Financial, one of the fastest-growing banks in the country.

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If you’re running a cannabis-related business (CRB) in Kansas. In that case, you may struggle to find a bank offering comprehensive financial services tailored to your needs, mainly due to the restrictions around Kansas cannabis banking

That’s where we come in – we provide industry-leading banking solutions to CRBs across the United States, including Kansas, to help you navigate banking challenges in the cannabis industry.

At Safe Harbor Financial, we understand the unique challenges facing the cannabis industry, and we’re committed to providing CRBs with safe, reliable, and compliant banking services. Our goal is to help you navigate the complexities of the cannabis industry, so you can focus on growing your business.

Since opening our doors in 2015, we’ve processed over $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated in 20 states nationwide. Our services are designed to meet the specific needs of CRBs, including those related to hemp banking in Kansas, and we’re constantly expanding our offerings to stay ahead of the curve.

When you bank with us, you’ll have access to a personal financial advisor who can help you navigate the complex financial landscape of the cannabis industry. We offer a wide range of services, including checking and savings accounts, online banking with 24/7 account access, electronic tax payments, consumer payments, cash management accounts, and more. 

Join Safe Harbor Financial now!  We’re dedicated to providing CRBs with the tools and resources they need to thrive in the rapidly-evolving cannabis industry. 

Kansas Cannabis Banking Services

Safe Harbor Financial is the industry-leading cannabis bank in Kansas, providing an array of banking services tailored to your specific needs. Our services have been designed to help you grow your business while navigating the complexities of the cannabis industry.

We offer a full suite of financial solutions that include:

  • Checking and savings accounts
  • Online banking with 24/7 account access
  • Personal financial advisors
  • Electronic tax payments
  • Consumer payments
  • Cash management accounts
  • Cash pick-up and delivery services
  • Investment options
  • Employee accounts
  • Direct deposit payroll
  • ACH payment and origination options
  • Wire services
  • Financing
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Marijuana and hemp banking in Kansas: Current Rules and Regulations

Medical marijuana is illegal in Kansas, but an upcoming bill may change that. The cannabis industry in Kansas is primarily focused on hemp, which the federal government legalized in 2018. Hemp-related businesses in Kansas can access financial services like any other business, but cannabis-related businesses are subject to additional scrutiny and regulations.

At the federal level, the Financial Crimes Enforcement Network (FinCEN) provides guidelines for financial institutions that want to serve cannabis-related businesses. Banks in Kansas must follow these guidelines to avoid being penalized by federal regulators.

Kansas state regulators have also established guidelines for banks that want to provide financial services to cannabis-related businesses, including those related to marijuana banking in Kansas. To operate in compliance with state regulations, banks must carefully evaluate the risks associated with providing services to cannabis-related businesses and develop risk management programs to address these risks.

Cannabis-related businesses need to work with a bank that understands their unique challenges and has experience navigating the complex regulatory landscape. Safe Harbor Financial has a team of professionals who are experts in cannabis banking and can provide comprehensive solutions tailored to the specific needs of each cannabis-related business.

Contact us today to learn more about our comprehensive cannabis banking solutions and start navigating the industry with confidence.

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Frequently Asked Questions

How do I join Safe Harbor Financial’s cannabis banking in Kansas? +

Legal and legitimate CRBs are welcome to submit an application via our website. The application process involves the following steps:

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

We ask that you submit the relevant documentation when applying, including all business documents (including bylaws and operating agreements), your marijuana license or certificate, a complete copy of your license application, and your IRS EIN Certification Letter. 

Please contact our team for any further questions about Safe Harbor or the application process.

Do you have a loan program for Kansas cannabis banking? +

Yes, we offer a loan program for members to grow their CRB. To access the loan program, please speak to your personal financial advisor. For further information, please refer to our loan program page.

Do you serve all types of cannabis-related businesses? +

Yes, we welcome all sectors of the cannabis industry affected by stringent federal regulations, including:

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

Please call us for more details and learn how we can assist you with your cannabis-related business banking needs in Kansas.