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Northville Cannabis Banking

Grow your business with America’s leading cannabis bank. Our marijuana and hemp banking in Northville is available to all legitimate cannabis-related businesses.

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When Safe Harbor Financial was founded, we had a single goal in mind: to save the cannabis industry from the underbanking crisis. Due to federal prohibition, major financial institutions refuse to serve cannabis-related businesses (CRBs), squeezing companies already under immense regulatory pressure.

Our services have helped save numerous businesses in the past seven years, earning us a reputation for personalized banking and unparalleled regulatory support. Our Northville cannabis banking services include checking and savings accounts, online banking, consumer payments, electronic tax payments, direct deposit payroll, and more.

With new innovations and opportunities, you need an adaptive, innovative, and forward-thinking cannabis financial institution to support and guide your growth. Already, we’ve lit the way for businesses to navigate the tumultuous waters of the cannabis industry.

Since 2015, we’ve processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated across 20 states.

If you want to become a member and experience success, please speak to our team for further information.

Northville cannabis banking services

Denying CRBs access to financial services is the surest way to hurt the industry. Yet, despite the hurdles, CRBs continue onwards, often running their businesses solely in cash. No longer. Through Safe Harbor Financial, businesses will gain access to the full range of financial services expected to operate a business. When you become a member, you’ll gain access to our full range of 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 superior marijuana banking in Northville

In 2018, Michigan joined the ranks of numerous states who had legalized recreational cannabis. The Michigan Regulation and Taxation Marijuana Act heralded a new dawn for the nascent industry – one that’s proved lucrative to the state. 

In fact, in 2021, Michigan collected $175 million in taxes, based on a 10% excise tax on recreational cannabis sales. Going further, the state government decided to return the money to the municipalities, awarding over $56,000 for every recreational cannabis retail location in its boundaries. 

Small wonder that towns like Northville are embracing the landmark change in public opinion; and for cannabis entrepreneurs, it’s a once-in-a-lifetime opportunity. 

Northville is located 11 miles west of Detroit; this quaint suburb is ideally located for cannabis-related businesses hoping to serve the region – as Ann Arbor is only 17 miles away. Whether you’re hoping to open a local dispensary, a grow operation, or an ancillary business, you need a cannabis financial institution with the experience to take your business all the way – that’s us!

Safe Harbor Financial will guide your business to future success through reliable regulatory advice, impeccable financial services, or our innovative financial service. Contact our team for further details.

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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? +

All legitimate cannabis-related businesses are welcome to join Safe Harbor Financial. You’ll need to complete the application process. Please follow these steps:

  1. Submit your application
  2. We perform a document check and due diligence
  3. We conduct an interview, site inspection, and an in-depth business review

Alongside your application, we’ll need all the relevant marijuana-related documentation. Please include:

  • 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

Please get in touch with our team for any further questions about Safe Harbor or the application process.

What kinds of cannabis-related businesses do you serve? +

Safe Harbor Financial is not specialized in any particular cannabis industry. Our expertise spans from CBD to hemp. Here’s an overview of the types of business we serve:

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