Cannabis industry finance company SHF Holdings, doing business as Safe Harbor Financial, has eliminated $1.2 million of indemnity liability through a four-year extension and modification of its agreement with Partner Colorado Credit Union. The eradicated indemnity liability, which was on the company’s balance sheet as of Sept. 30, went into effect Jan. 1, 2025, according […]
Colorado-based SHF Holdings Inc. (Nasdaq: SHFS), which does business as Safe Harbor Financial, announced Tuesday it has modified a key credit union partnership agreement, eliminating $1.2 million in indemnity liability from its balance sheet. The restructured agreement with Partner Colorado Credit Union extends their partnership for four years and removes Safe Harbor’s requirement to maintain […]
News from: Alabama, Safe Harbor, Missouri, MIRA Pharmaceuticals and more. The Daily Hit is a recap of the top financial news stories for Tuesday, October 22, 2024. On the Site Alabama judge names mediator to settle medical marijuana license fight The state’s cannabis regulators have been restrained from launching any part of the program until […]
(This story first appeared in the September-October issue of MJBizMagazine.) Sundie Seefried burst onto the cannabis industry scene 10 years ago as the CEO of Partner Colorado Credit Union, where she launched Safe Harbor Financial, a program to service the new marijuana businesses popping up across the state after voters legalized adult use. Safe Harbor […]
