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Latest In: Marijuana banking

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The road ahead for cannabis lending in 2025

It is challenging to make cannabis lending more accessible, but that's where innovative companies can step in.

News March 27
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Marijuana MSO Planet 13 recovers $2.1M more from former bank alternative

Las Vegas-based marijuana multistate operator Planet 13 Holdings says it recovered another $2.1 million in cash plus real…

News March 21
cannabis lending debanking Partner Colorado Credit Union reverse stock split Safe Harbor Financial Sundie Seefried Terry Mendez
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New CEO aims to transform Safe Harbor from cannabis lending to fintech

Terry Mendez is implementing sweeping changes at Safe Harbor Financial to diversify its core business and improve its…

News March 18
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Dear Congress: 280E isn’t a tax break for cannabis companies

Because 280E thwarts operational success, it greatly incentivizes people to perpetuate the illicit marijuana market.

News March 14
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California’s Glass House secures $50 million credit line

California vertically-integrated cannabis company Glass House secured a new $50 million credit line.

News March 10
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Despite finding unlikely allies, cannabis industry still struggling with debanking

The U.S. cannabis industry might have finally found a receptive audience in Washington, D.C., to hear its pleas…

News February 18
Cannabis industry finance company SHF Holdings doing business as Safe Harbor Financial on Monday announced a plan to modify its financial agreement with Partner Colorado Credit Union. Partner Colorado Credit Union promissory note Safe Harbor Financial Sundie Seefried Terry Mendez
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Marijuana finance company Safe Harbor pauses promissory note payments

Marijuana industry finance company SHF Holdings, doing business as Safe Harbor Financial, is seeking to modify its financial…

News February 3
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Sundie Seefried, CEO of Safe Harbor cannabis financial services firm, is retiring

Business transformation expert Terry Mendez will become CEO of Safe Harbor Financial after Sundie Seefried retires from the…

News January 29
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Cannabis financial services firm Safe Harbor cuts $1.2M liability in new deal

Cannabis industry finance company Safe Harbor Financial has eliminated $1.2 million of indemnity liability through a four-year extension…

News January 8
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Marijuana goes national: 7 industry predictions for 2025

Here are seven MJBizDaily predictions for developments in 2025 that could impact the U.S. marijuana and hemp industries.

News January 6
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