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Newark Cannabis Banking

Grow and succeed with unmatched cannabis banking in Billings. Safe Harbor Financial is here to support your business with our personalized banking and bespoke regulatory advice.

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Safe Harbor Financial was founded seven years ago with a single aim: to solve the problem of underbanked cannabis businesses. Despite changes in the legal status of cannabis at the state level, federal laws still prohibit major financial institutions from processing funds for cannabis-related businesses. 

Under Safe Harbor Financial, cannabis companies can access the full range of financial services, including checking and savings accounts, online banking, consumer payments, electronic tax payment, direct deposit payroll, and more. 

No longer do cannabis businesses in Newark need to turn to dishonest financial institutions. With Safe Harbor Financial, you gain the advice, expertise, and experience to stay on the right side of the law. Even better, we’ll help you grow as the cannabis industry continues to boom.

Let us know if you want to capitalize on your success – Safe Harbor Financial is ready.

Newark Cannabis Banking Services

For too many cannabis companies, access to adequate financial services is a luxury. Some businesses are even forced to pay their obligations in cash. No longer – Safe Harbor Financial is here to facilitate comprehensive banking services to all legitimate cannabis-related businesses. Through your personal banker, 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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Achieve success with marijuana banking in Newark

As the largest city in New Jersey, Newark is a hub for the state’s thriving medicinal and recreational cannabis industry. After the first licensed recreational sales began on April 21, 2022, several dispensaries and cannabis-related businesses opened across the city. However, as Newark cannabis banking is still in its infancy, many marijuana growers, dispensers, manufacturers, and more remain underbanked.

That’s where Safe Harbor Financial comes in. With extensive experience in facilitating growth for Colorado’s fledgling cannabis businesses, we’re now sharing our knowledge and expertise with Newark’s cannabis businesses. 

Our team of nationwide industry-accredited experts can advise on all aspects of cannabis banking in Newark. Moreover, our strong reputation for regulatory compliance and customer service is head and shoulders above alternate banking options. 

We believe all legitimate cannabis-related businesses should have access to marijuana and hemp banking in Newark – and we’re ready to deliver.

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Open your account today to elevate your success!

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Frequently Asked Questions

Who can access your financial services? +

Our financial services are available to all kinds of legitimate cannabis companies. We handle funds for the following: 

  • Growers
  • Dispensaries
  • Retailers
  • Cannabis associations
  • Service companies
  • Cannabis industry consultants
  • Landlords
  • Ancillary

If you wish to join SHF, you must submit an application to the bank. As part of your application, we will need all your business documents, marijuana license or certificate, and IRS EIN certification letter. We will complete a full document check alongside an interview, site inspection, and an in-depth business review. 

Why is cannabis banking in Newark important? +

Cannabis banking in Newark provides access to a wealth of financial services. Checking and savings accounts, online banking, electronic payroll, and electronic taxes are impossible without a reliable, trustworthy bank. 

In addition, businesses deprived of cannabis banking must function exclusively in cash – a major lure for thieves and other criminals. Safe Harbor Financial can protect your money, ensuring there’s no risk of theft and no need for armored vans or additional security. We’ve got you covered.

Why choose Safe Harbor Financial? +

Whether it’s personal bankers, unparalleled regulatory support, or a generous API on our loans, Safe Harbor Financial is determined to be the best cannabis bank in America. So far, we’ve supported over 600 accounts, processing in excess of $12 billion in cannabis-related funds. 

You should avoid unscrupulous lenders and financial organizations that risk not just your money but your right to trade. We work with industry insiders to ensure you remain regulatory compliant, maintaining our transparency and integrity throughout our business. 

We want your business to thrive, and we’ve got the tools to help you succeed.