Minority Cannabis Entrepreneurs Gain New Financial Backing, Thanks To This Partnership
Portfolio Pulse from Nina Zdinjak
Safe Harbor Financial (NASDAQ: SHFS) has partnered with BIPOCann to support minority cannabis entrepreneurs by offering financial services and membership benefits. This partnership aims to provide social equity clients with discounted services and resources to aid business development. Safe Harbor also exited a $3.1 million loan, reallocating funds to its lending capacity.
July 25, 2024 | 10:00 am
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Safe Harbor Financial has partnered with BIPOCann to support minority cannabis entrepreneurs by offering discounted financial services and membership benefits. This partnership aims to provide social equity clients with resources to aid business development. Additionally, Safe Harbor exited a $3.1 million loan, reallocating funds to its lending capacity.
The partnership with BIPOCann and the reallocation of funds from the exited loan are positive developments for Safe Harbor Financial. These actions demonstrate the company's commitment to social equity and financial support for minority entrepreneurs, which could enhance its reputation and attract more clients.
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