Charting a course to success for cannabis-related businesses is impeded by the ongoing underbanking crisis. While cannabis is legal for recreational and medicinal use in Portland, federal restrictions mean such businesses cannot turn to major financial institutions for support.
In their place, businesses have misrepresented their industry or turned to disreputable organizations to secure funding or basic financial services.
Safe Harbor Financial was founded in 2015 to bridge this divide. Over the past seven years, we’ve earned a reputation for high-quality financial services and impeccable regulatory advice. Indeed, we work alongside regulators, legislators, and law enforcement to ensure all guidance is 100% up-to-date; so as the industry evolves, you do too.
Our Portland cannabis banking services include checking and savings accounts, online banking, consumer payments, electronic tax payments, direct deposit payroll, and more.
Speak to our expert team about joining Safe Harbor Financial – we’re ready to take your business to the next level.