St Louis Cannabis Banking

Expanding your cannabis-related business means accessing relevant financial services. Whether it be checking accounts or electronic tax payments, Safe Harbor Financial has the full range of services cannabis- and hemp-related businesses need to grow. 

Considering the ongoing underbanking crisis in the cannabis industry, Safe Harbor Financial was founded to fill this void. Due to federal prohibition, major financial institutions cannot serve cannabis-related businesses (CRBs), causing many to operate solely in cash.

In the past seven years, we’ve dedicated Safe Harbor to saving CRBs from the clutches of underbanking. Through our renowned financial services, we’ve processed more than $12 billion in cannabis-related funds, managed nearly 600 accounts, and operated in 20 states nationwide.

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

Contact our team for further information about becoming a member – it’s a much-needed step towards financial security.

Experience the forefront of marijuana banking in St Louis

St Louis is at the very heart of the United States. Located as a major port on the Mississippi, it has connections through the central US. Regarded as a “Gamma” global city, the “Gateway to the West” is a prime location to establish or expand your cannabis-related business. And with a bustling tourist industry and multiple universities, the city is ready to take advantage of significant consumer demand.

Currently, the sale of recreational cannabis is illegal in Missouri. However, the trend is pushing towards eventual legalization – with CBD oil becoming legal in 2014 and medical cannabis in 2018. 

Nevertheless, whether you’re a CBD extraction company or a hemp-related business, you need a reliable cannabis financial institution to support your growth and help you capitalize rapidly on any moves towards further legalization.

Safe Harbor Financial has already shepherded Colorado’s cannabis industry to success, supporting hundreds of businesses. In fact, we process approximately $200 million in cannabis funds monthly. Combined with our impeccable regulatory advice, we’re ready to elevate your business to new heights.

Please submit an application or speak to our team to join Safe Harbor Financial. We’re dedicated to delivering industry-leading cannabis banking to St Louis.