SHF Holdings Inc (SHFS) Quote

SHFS Safe Harbor Financial Issues Statement on Cannabis Rescheduling

https://www.globenewswire.com/news-release/2024/05/01/2873233/0/en/Safe-Harbor-Financial-Issues-Statement-on-Cannabis-Rescheduling.html#:~:text=Safe%20Harbor%20Financial%20CEO%20Sundie%20Seefried%3A,legitimacy%20in%20the%20financial%20realm.

Ihub is dying it’s so obvious. When a ticker runs for over 100% off lows and only one person is posting. Lmao eventually all the paid badgers on the platform will have to seek employment elsewhere

SHFS Insider Activity

Number of Insider Trades
INSIDER TRADE 12 MONTHS
Number of Shares Bought 9,166,549
Number of Shares Sold 97,096
Total Shares Traded 9,263,645
Net Activity 9,069,453

$SHFS

SHFS Insider Activity

Number of Insider Shares Traded

INSIDER TRADE | 3 MONTHS | 12 MONTHS
Number of Shares Bought | 30,000 | 9,166,549
Number of Shares Sold | 97,096 | 97,096
Total Shares Traded | 127,096 | 9,263,645
Net Activity | (67,096) | 9,069,453

$SHFS

Safe Harbor Financial Originates $3 Million First Lien Secured Loan for a Leading THC-infused Beverage Company

September 14 2023

SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced that it has originated a $3 million loan for a Washington-based organic, THC-infused beverage company to support its expansion into the California market.
Dan Roda, Executive Vice President & Chief Operating Officer of Safe Harbor Financial commented, "This credit facility, secured by a first lien on the beverage company’s state-of-the-art bottling plant in Washington, demonstrates Safe Harbor’s critical role in supporting the expansion of leading cannabis operators and brands across the country. These companies are continuing to experience strong growth as demand for innovative cannabis products, especially as demand within novel categories such as infused food and beverage, continues to grow. At Safe Harbor, we take pride in our ability to facilitate this growth, and, armed with our industry-leading suite of credit products, we are uniquely situated to support it.”

About Safe Harbor
Safe Harbor is among the first service providers to offer compliance, monitoring and validation services to financial institutions, providing traditional banking services to cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. Currently managing more than 1000 cannabis-related relationships, Safe Harbor, through its financial institution clients, implements high standards of accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Over the past eight years, Safe Harbor has facilitated more than $18 billion in deposit transactions for businesses with operations spanning over 40 states and US territories with regulated cannabis markets. For more information, visit www.shfinancial.org.

https://ih.advfn.com/stock-market/NASDAQ/shf-SHFS/stock-news/92041684/safe-harbor-financial-originates-3-million-first

$SHFS

no way float can be that low. they must be diluting the crap out of this.

what a dud it turned out to be.

Goin rogue at .22 imo

Bottoms in imo adding here

geez you would think this would be nearing a buck with those #'s

3.66M float and insiders own 71% will be interesting to see how it does at the open

https://www.globenewswire.com/news-release/2023/05/11/2666603/0/en/Safe-Harbor-Financial-Partners-with-Five-Star-Bank-to-Create-a-Potential-Billion-Dollar-Growth-Opportunity-for-Cannabis-Banking.html

Nice news let's go!

Positive at .49 no worries

ZERO BORROW!!! No shares to short,not optionable,demand could moonshot this babe

Restricted shares shortable ,They are letting it run again, 2Xs ave vol,

Bids filled.

SHFS

Debt bought for $5.00 pps ,this turned into a long institutional investment,they want it to go up now!! This keeps getting better, conference call to explain it all after close ,1000% upside makes me smile

ZERO BORROW,no shares to short and no options ,can only cover!!!

Out with huge win,reloading now,9Xs ave vol in 30 min,we just getting started!!!

Tomorrow after close 4:30pm is the big day

Book/sh 1.64,target 10.50,profit margin up 46%,biz double from new permits this week,conference call tomorrow to share all the good news,low risk/insanely high reward 1000%+ with this float,btw insiders bought up 71%

Loading up,huge news coming,fed lifted ban,with ex attorney general on our board now big $ should follow him as these rich folks tend to flock together and get richer

Got this watch before the crowd arrives. Just about go time here

Got a reverse hammer candle Friday.
Hit above $1 earlier still up 20% at .93 with a tiny 2 million float

Looks like Tyler B. picked the wrong horse.Should have stayed with HYPUR ventures and Blue Line Protection Group (BLPG)

YEP!! (Damn-it!!)

Those halts killed the move yesterday

Keep an eye on BLPG

BLPG gonna be next to merge in cannabis compliance

SHFS: Already HAS!! (Glad I gots MINE, near the Open!!! Tossed only $5K USD at it --- 'Lotto Ticket', for sure --- but what the fluck!!!)

If volume kicks in she will fly

$NLIT changes to $SHFS today

Merger complete, new ticker name tomorrow.

Warrants doing well today

Waiting for the vision to clear.

Don't be the last one in!

Keep an eye on this one.

Cannabis lender Safe Harbor Financial agrees to be sold to SPAC

By Allissa Kline
February 14, 2022, 12:22 p.m. EST

Safe Harbor Financial, a cannabis banking company in Arvada, Colorado, is being sold to a special-purpose acquisition company for $185 million in cash and stock.

Northern Lights Acquisition will acquire Safe Harbor for $70 million in cash and $115 million in shares of common stock, the two companies announced Monday. The equity value of the combined company will be about $327 million.

Upon closure of the deal, Safe Harbor CEO Sundie Seefried will oversee the combined entity, which plans to further expand the services it will provide to the fast-growing cannabis industry.

Safe Harbor launched last year as a subsidiary of Partner Colorado Credit Union when the $575 million-asset credit union combined its cannabis banking division with its credit union service organization. Seefried, who was CEO of the credit union, left that job to lead Safe Harbor.

“The acquisition by Northern Lights will allow Safe Harbor to advance its efforts to remain the premier cannabis financial services provider,” Seefried said in a press release. “Our goal is to become a one-stop shop for cannabis business financial needs.”

The deal has already been approved by the board of directors and managers of Northern Lights, Partners Colorado and Safe Harbor, according to the press release. It remains subject to other closing conditions including approval by the stockholders of Northern Lights, the release said.

Safe Harbor was established by Partner Colorado in 2015 to help legal cannabis-related businesses get access to secure banking and other financial services. Banks and credit unions have long shied away from working with cannabis customers, citing stringent federal guidelines.

Safe Harbor has nearly 600 accounts across 20 states, the release said. Last year it processed $4 billion in transactions, for a total of $11 billion since it began operations, it said.

Also last year, Safe Harbor unveiled a commercial cannabis lending platform. Currently, it has an actionable pipeline of more than $300 million, including both existing and new customers, the release said.

John Darwin and Joshua Mann, co-CEOs of Denver-based Northern Lights, which was incorporated last year, will remain on Northern Lights’ board of directors after the sale is finalized, according to the release.

I WANT SOME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!