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[PRESS RELEASE] – GOLDEN, Colo., and SOLANA BEACH, Calif., April 17, 2025 – SHF Holdings Inc., d/b/a Safe Harbor Financial, a fintech leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced a strategic partnership with FundCanna, the leading provider of flexible capital solutions for cannabis operators. Through a mutual referral agreement, the two companies will collaborate to bring accessible, transparent funding options and compliant banking services to cannabis-related businesses across the U.S.
This partnership enables FundCanna to introduce clients to Safe Harbor and Safe Harbor to introduce qualified clients to FundCanna for working capital, equipment financing and other credit-based solutions. Under the agreement, all FundCanna-approved clients referred by Safe Harbor will be onboarded to deposit loan proceeds directly into Safe Harbor-managed bank accounts, ensuring full regulatory compliance and transparency.
“As the cannabis industry continues to face limitations from traditional financial institutions, this partnership delivers a practical, scalable solution that puts the financial needs of cannabis operators first,” Safe Harbor Financial CEO Terry Mendez said. “By onboarding FundCanna into our Safe Harbor Lends ecosystem, we’re able to enhance our ability to connect our clients to the capital they need—empowering them to grow their businesses, manage cash flow and pursue new opportunities in an industry still largely underserved.”
“Our partnership with Safe Harbor Financial brings together two trusted platforms dedicated to solving persistent financial barriers in cannabis,” FundCanna founder and CEO Adam Stettner said. “We’re focused on helping cannabis businesses succeed with smart, simple capital solutions. This collaboration expands our reach and strengthens our commitment to supporting operators through every step of their financial journey—from funding solutions to banking.”
The partnership comes at a critical time for cannabis operators, with many facing cash constraints due to ongoing regulatory hurdles and limited access to traditional capital. Together, FundCanna and Safe Harbor aim to close this gap by offering cannabis businesses an end-to-end solution for their financing and banking needs.
