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Cannabis Banking in Buffalo, New York

Access secure, compliant business banking in New York with Safe Harbor Financial—the platform built exclusively for cannabis operators.

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Safe Harbor Financial is the established leader in cannabis banking, with over $25 billion in funds processed since launching the nation’s first compliant program in 2015.

We serve New York’s legal cannabis community—including dispensaries, cultivators, manufacturers, and hemp businesses—with full-service solutions: checking accounts, cash flow support, lending, digital payments, and mobile banking. Every service is built to meet the regulatory demands and operational needs of licensed operators across the Empire State.

New York Cannabis Banking Services

  • 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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Marijuana Banking in New York — Current Rules and Regulations

New York legalized adult-use cannabis in 2021 through the Marihuana Regulation and Taxation Act (MRTA), establishing a comprehensive framework for the cultivation, processing, distribution, and retail sale of cannabis to adults aged 21 and over. The Office of Cannabis Management (OCM) oversees licensing and compliance for both medical and adult-use cannabis businesses, including dispensaries, cultivators, processors, and testing laboratories.

Whether you’re applying for a license, expanding your operations, or transitioning from hemp or medical cannabis, financial compliance is essential. Safe Harbor Financial supports cannabis and hemp operators with secure banking services—checking, lending, payments, and mobile tools—backed by over $25 billion in processed funds and a decade of industry experience.

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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? +

Safe Harbor Financial accepts applications for all cannabis-related businesses: growers, manufacturers, cannabis biotech firms, dispensaries and retailers, services companies, and even landlords and ancillary businesses.

To become a bank member, 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

When submitting your application, please send across:

  • 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 if you have any further questions.



Why should I choose Safe Harbor for cannabis banking in Buffalo? +

Safe Harbor Financial has extensive experience helping businesses grow and thrive following legalization. We helped pioneer cannabis banking in Colorado; now, we’re ready to provide personalized marijuana banking in Buffalo. 

Furthermore, in the absence of high-quality financial services, businesses must either trade exclusively in cash, increasing the risk of theft or fraud, or turn to the dishonest, disreputable lenders and financial organizations that use underhand tactics to secure financing for cannabis businesses. 

In contrast, SHF has a strong reputation for regulatory compliance working alongside regulators, legislators, and law enforcement to stay abreast of changes in financial rules for marijuana banking in Buffalo.



What kinds of cannabis businesses do you serve? +

Safe Harbor Financial doesn’t specialize in any sector of the cannabis industry. We serve businesses in the cannabis/marijuana, CBD, and hemp sectors. Here’s an overview of the kinds of cannabis businesses we support:

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