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St Louis Cannabis Banking

Join one of America’s leading cannabis banks. Safe Harbor Financial offers quality regulatory advice and personalized marijuana and hemp banking in St Louis.

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Expanding your cannabis-related business means accessing relevant financial services. Whether it be checking accounts or electronic tax payments, Safe Harbor Financial has the full range of services cannabis- and hemp-related businesses need to grow. 

Considering the ongoing underbanking crisis in the cannabis industry, Safe Harbor Financial was founded to fill this void. Due to federal prohibition, major financial institutions cannot serve cannabis-related businesses (CRBs), causing many to operate solely in cash.

In the past seven years, we’ve dedicated Safe Harbor to saving CRBs from the clutches of underbanking. Through our renowned financial services, we’ve processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated in 20 states nationwide.

Our St Louis cannabis banking services include checking and savings accounts, online banking, consumer payments, electronic tax payments, direct deposit payroll, and more.

Contact our team for further information about becoming a member – it’s a much-needed step towards financial security.

St Louis cannabis banking services

Financial services are the backbone of running a business: paying bills, accepting electronic payments, and filing taxes. Whatever your business, without these fundamental services, even opening your doors is a challenge. Through our personal bankers, you can access all 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 the forefront of marijuana banking in St Louis

St Louis is at the very heart of the United States. Located as a major port on the Mississippi, it has connections through the central US. Regarded as a “Gamma” global city, the “Gateway to the West” is a prime location to establish or expand your cannabis-related business. And with a bustling tourist industry and multiple universities, the city is ready to take advantage of significant consumer demand.

Currently, the sale of recreational cannabis is illegal in Missouri. However, the trend is pushing towards eventual legalization – with CBD oil becoming legal in 2014 and medical cannabis in 2018. 

Nevertheless, whether you’re a CBD extraction company or a hemp-related business, you need a reliable cannabis financial institution to support your growth and help you capitalize rapidly on any moves towards further legalization.

Safe Harbor Financial has already shepherded Colorado’s cannabis industry to success, supporting hundreds of businesses. In fact, we process approximately $200 million in cannabis funds monthly. Combined with our impeccable regulatory advice, we’re ready to elevate your business to new heights.

Please submit an application or speak to our team to join Safe Harbor Financial. We’re dedicated to delivering industry-leading cannabis banking to St Louis.

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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 and legal cannabis-related businesses are welcome to submit an application via our website. Please complete the three steps:

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

While we accept applications from all cannabis-related businesses, we review applications using our in-house criteria. We ask that you provide the following documents:

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

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

Yes. We appreciate that not all CRBs are either dispensaries or grow operations. That’s why our services cover all facets of the cannabis industry, including CBD and hemp. Our St Louis cannabis banking services are open to:

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