Safe Harbor Financial Delivers Strong 29% YoY Growth in Emerging US Cannabis Markets Representing 100+ New Customer Depository Accounts
SHF Holdings, Inc. - Class A (SHFS)
Company Research
Source: GlobeNewswire
DENVER, March 03, 2026 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor (the “Company” or “Safe Harbor”) (NASDAQ: SHFS), a leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries, announced that emerging US market average deposit balances increased 29% over the 12 months ended February 4, 2026, driving total average deposit balances up 4.5%. Emerging US markets now represent 31% of the Company’s average deposit balances, with this growth reflecting Safe Harbor’s strategic focus on high-potential state markets. "We've built a strong foundation by investing in high-potential markets early, whether that's new states launching their programs, established states expanding adult-use licensing, or mature markets where operators are scaling operations," said Terry Mendez, Chief Executive Officer of Safe Harbor. "The 29% year-over-year emerging market asset growth demonstrates both the strength of our strateg
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News
- Safe Harbor Financial Delivers Strong 29% YoY Growth in Emerging US Cannabis Markets Representing 100+ New Customer Depository Accounts [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial Announces Extension with PCCU Generating an Estimated $9 Million Incremental Revenue Through 2031GlobeNewswire
- Safe Harbor Expands Payments Solutions Portfolio to Help Cannabis Operators Cut Cash, Boost StabilityGlobeNewswire
- Safe Harbor Expands Client Offerings With Cannabis Insurance Solutions Through Partnerships With Frontier Risk and AlphaRootGlobeNewswire
- Safe Harbor Bolsters Lending Capabilities and Client Experience with Strategic Leadership Hires [Yahoo! Finance]Yahoo! Finance
SHFS
Sec Filings
- 3/3/26 - Form 8-K
- 2/9/26 - Form 8-K
- 12/30/25 - Form SCHEDULE
- SHFS's page on the SEC website