Access secure, compliant business banking in Pennsylvania with Safe Harbor Financial—the platform built exclusively for cannabis operators.
Learn MoreWe serve Pennsylvania’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 state.
Running a business is wholly reliant on the financial services at your disposal. Capital investments and loans are needed to expand; checking accounts and electronic consumer payments keep the money flowing in; and payroll services ensure you’ve got a satisfied team. In addition, all our members gain access to our full range of financial services, including:
Pennsylvania legalized medical cannabis in 2016, with the first dispensaries opening in 2018. As of May 2025, adult-use cannabis remains illegal, though possession of small amounts has been decriminalized in several of the state’s largest cities (en.wikipedia.org). Efforts to legalize recreational cannabis continue, but no legislation has been enacted yet.
In 2022, Pennsylvania enacted Act 56, providing state-level protections for financial institutions and insurers offering services to legitimate cannabis-related businesses. This law ensures that state agencies cannot penalize or discourage financial institutions from serving cannabis businesses operating in compliance with state law (marijuanamoment.net).
Despite these state protections, cannabis businesses still face challenges due to federal restrictions. Financial institutions must adhere to federal guidelines, including those outlined by the Financial Crimes Enforcement Network (FinCEN), to ensure compliance when providing services to cannabis-related businesses (pa.gov).
At Safe Harbor Financial, we’ve supported cannabis and hemp businesses nationwide since 2015, processing over $25 billion in cannabis-related funds. We provide Pennsylvania operators with real banking solutions—checking, lending, payments, and mobile tools—delivered with deep regulatory expertise and a decade of cannabis-specific experience.
Note: For the most current information on Pennsylvania’s cannabis regulations, please refer to the Pennsylvania Department of Health – Medical Marijuana Program.
Open your account today to elevate your success!
Please submit an application via our website to become a member of Safe Harbor Financial. We accept applications from all legitimate and legal CRBs. You’ll need to complete three simple steps:
We also ask you to submit the relevant documentation when applying:
Please get in touch with our team for any further questions about Safe Harbor or the application process.
Running a CRB without adequate cannabis banking is a risk. Most likely, you’ll be forced to operate solely in cash, becoming a prime target for a criminal. In fact, employees have died in some armed robberies – increasing the need for additional security and training.
Furthermore, the current legal status of cannabis in Pennsylvania means businesses must be extra careful to stay within the confines of the law. Our high-level expertise in regulatory matters makes us the perfect choice to support your business.