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Nevada Cannabis Banking

Find stability and peace of mind with Safe Harbor Financial, the industry-leading Nevada cannabis banking solution.

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Welcome to Safe Harbor Financial, a comprehensive bank to help you navigate the complex and rapidly changing world of cannabis banking in Nevada. Since opening our doors in 2015, we’ve processed over $12 billion in cannabis-related funds and managed nearly 600 accounts, making us a trusted partner for CRBs throughout the US.

Our goal is simple — to help CRBs like yours achieve success in the midst of a challenging industry. With our team of industry experts and a commitment to providing top-notch services, you can rest assured that your finances are in good hands. 

Ready to learn more about what we can do for you? Read on to discover our comprehensive suite of banking services, or contact us today to start your journey with us.

Nevada Hemp Banking Services

At Safe Harbor Financial, we understand that the world of cannabis banking can be confusing and overwhelming. That’s why we offer a comprehensive suite of services designed to make your life easier and your finances more secure. Here’s a quick overview of what we offer:

  • 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

Hemp and Marijuana Banking in Nevada: Current Rules and Regulations

Running a business in this industry can be challenging. In Nevada, the regulations surrounding marijuana banking are complex and ever-evolving. However, as the industry-leading bank, we stay ahead by providing comprehensive and compliant solutions to local CRBs.

Here’s a rundown of the laws, agencies, and rules that govern marijuana banking:

  1. The Nevada State Legislature legalized marijuana for recreational use in 2016, and it’s regulated by the Nevada Cannabis Compliance Board (NCCB).
  2. NCCB oversees the licensing and regulation of all marijuana establishments in the state, including testing laboratories, cultivators, production facilities, distributors, and retail dispensaries.
  3. The absence of support from major financial institutions in Nevada hemp banking means many transactions must be conducted in cash, making it challenging for CRBs to manage their finances effectively.
  4. Safe Harbor fully complies with all state and federal laws and regulations, ensuring that all transactions processed through its system are secure, transparent, and compliant.

With us, CRBs can rely on a trusted partner to help them traverse the complexities of the cannabis industry. Whether you’re looking to manage your finances more effectively, access investment options, or streamline your payroll and payment processes, we got you covered. We even manage hemp banking in Nevada.

We’re here to provide industry-leading services to CRBs in Nevada, helping you stay focused on growing your business. 

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Open your account today and take your cannabis business to the next level!

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Frequently Asked Questions

How do I join Safe Harbor Financial? +

We accept all applications from legal and legitimate CRBs nationwide. Applying is simple. Please complete these steps, submitting your application via our website: 

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

We also ask you to submit the relevant documentation when applying:

  • All business documents (including bylaws and operating agreements)
  • 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 for marijuana banking in Nevada.

Do you have a loan program? +

Yes. Our loan program is exclusive to bank members. Please speak to your advisor for more information about receiving financing for your business or see our loan program page

Please be aware that we will process your applications within 30 days after receipt of all relevant documentation. During this time, we will perform a complex business and document review. 

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

Yes. We serve all kinds of CRBs refused financing due to current legal rules in Nevada cannabis banking. Our expertise and experience are available in the following sectors:

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