Safe Harbor Financial Originates $4.6 Million Secured Credit Facility for Michigan Cannabis Operator
SHF Holdings, Inc. - Class A (SHFS)
Company Research
Source: GlobeNewswire
GOLDEN, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments and financial services to the regulated cannabis industry, announced today that it originated a $4.6 million credit facility for a Michigan cannabis operator secured by a four-dispensary real estate portfolio. Structured with a market-leading rate and terms, the credit facility will allow the vertically integrated operator to expand its cultivation and retail operations in the Great Lake State. With this new credit facility, Safe Harbor’s total loan book will exceed $60 million in outstanding loans and commitments, showcasing the rapid growth of its robust and highly diversified loan portfolio, which is comprised of 25 cannabis real estate assets across 10 states covering every segment of the cannabis value chain. “Our ability to support emerging cannabis operators across the country with comp
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SHFS
News
- Safe Harbor Financial Issues Statement on Cannabis ReschedulingGlobeNewswire
- Safe Harbor Financial Announces Appointment of CEO, Sundie Seefried to Board of DirectorsGlobeNewswire
- Safe Harbor Financial Announces Fourth Quarter and Year-End 2023 ResultsGlobeNewswire
- Safe Harbor Financial to Report Full Year 2023 Financial Results on Monday, April 1, 2024GlobeNewswire
- Safe Harbor Financial to Present at the Banking Virtual Investor Conference March 14thGlobeNewswire
SHFS
Sec Filings
- 4/29/24 - Form DEF
- 4/15/24 - Form 8-K
- 4/8/24 - Form 8-K
- SHFS's page on the SEC website