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Columbus Cannabis Banking

Gain access to unrivaled marijuana and hemp banking in Columbus. Safe Harbor Financial is at the forefront of cannabis banking across all sectors.

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Established in 2015, Safe Harbor Financial was conceived as a solution to the ongoing underbanking crisis in the cannabis industry. Federal prohibition prevents major financial institutions from serving cannabis-related businesses (CRBs) regardless of state law.

We bridge this divide. In the past seven years, we’ve helped hundreds of businesses succeed despite the obstacles. We have processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated in 20 states nationwide. 

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

For CRBs operating in Ohio’s chief city, our financial services allow you to function day-to-day, grow through our loans program, or access excellent regulatory guidance. Speak to our team about becoming a member – are you ready to capitalize on success?


Columbus cannabis banking services

Financial services aren’t a luxury; they’re essential. We’ve spent years developing our range of financial services, from our loans program to basic checking accounts. All our services are tailored to the needs of the cannabis industry through the Cannabis Banking Solutions™ platform. 

See our full range of financial services available to bank members:

  • 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 Columbus

Columbus is the principal city of Ohio, serving as a leading hub for education, government, insurance, medical research, health care, and more. It’s also home to Ohio State University, one of the largest universities in the US. 

With a large population and a thriving local economy, few cities are better placed to host a burgeoning cannabis industry. Unfortunately, despite attempted reforms, recreational cannabis remains illegal throughout Ohio. Medical marijuana was legalized in 2016, and a small number of cultivators and dispensaries are licensed. 

Nonetheless, significant opportunities exist for CBD extraction and hemp, legalized under the 2018 Farm Bill. Our strong reputation for regulatory excellence and personalized banking will benefit your business no matter your sector.

Navigating this maze of rules isn’t easy. Safe Harbor Financial can help ensure your business operates within the law’s confines. We liaise with legislators, regulators, and law enforcement to provide accurate and reliable guidance. Moreover, if Ohio ever legalize recreational cannabis, with our support, you’ll be best placed to seize the opportunity.

Contact our expert team to become a member of Safe Harbor. We deliver unparalleled marijuana banking in Columbus and Ohio.

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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? +

Please submit an application via the website. All legal and legitimate CRBs are welcome to become part of the SHF family. 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

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 for any further questions about Safe Harbor Financial or the application process.

Why is cannabis banking in Columbus important? +

No business can survive long without financial services. But, in the case of CRBs, such services ensure you remain regulatory compliant, provide capital investment for growth, and ensure you need not operate in cash (thereby attracting thieves). The latter is fast becoming a major problem in the US’s biggest cities.

In short, joining Safe Harbor Financial keeps you and your money safe. That means you can rest easy – we’ve got you covered.