Vancouver Cannabis Banking

Charting a course through the ever-changing landscape of the cannabis industry is a challenge for businesses. New rules and regulations continuously test entrepreneurs. And the US federal government’s stance on cannabis means major financial institutions are hesitant to open accounts for cannabis-related businesses for fear of being accused of money laundering – even for businesses operating in Canada.

That’s why Safe Harbor Financial was founded. Our mission is to bridge the divide between cannabis financial services and businesses. Over the past seven years, we’ve helped change the industry’s fortunes, processing more than $12 billion in funds, managing nearly 600 accounts, and operating across 20 states.

Our clients are grateful for our collection of financial services, including checking and savings accounts, online banking, consumer payments, electronic tax payment, direct deposit payroll, and much more.

Nor do we solely serve cannabis businesses. Our expertise extends into the CBD and hemp industries; we support any cannabis-related business struggling to find the right financial support.

Let us know if you’re ready to succeed – speak to our team of experts.

Succeed and grow with marijuana banking in Vancouver

Canada’s principal Pacific city, Vancouver, is perfectly placed to take advantage of the sale and cultivation of cannabis – and other opportunities. As with the rest of Canada, cannabis became legalized in British Columbia following the enactment of the Cannabis Act on October 17, 2018. 

The ample sunlight and water ensure the province is the ideal cannabis-growing area. Indeed, the British Columbia cannabis industry is already worth an estimated CA$6 billion annually – producing 40% of all Canadian cannabis. 

As a popular tourist spot with a booming economy, Vancouver is at the forefront of the cannabis industry. In fact, British Columbia has the second highest cannabis usage per capita in Canada. To seize this golden opportunity, businesses need to partner with a cannabis financial institution with the experience, expertise, and track record of managing cannabis banking in a mature market. 

That’s Safe Harbor Financial. Already, we’ve shepherded Colorado’s cannabis industry, helping dozens of businesses. We’re now bringing our excellence and rigor to cannabis banking in Vancouver – contact our team to find out more.