Safe Harbor Financial Secures $1.07M Credit For Missouri Cannabis Operator
Portfolio Pulse from Rolando García
Safe Harbor Financial (NASDAQ:SHFS) has issued a $1.07 million secured credit facility to a Missouri-based cannabis operator, marking the first part of a $5 million commitment to refinance existing debt. This move highlights Safe Harbor's role in providing competitive financing solutions in the cannabis industry.
October 29, 2024 | 3:55 pm
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Safe Harbor Financial has issued a $1.07 million credit facility to a Missouri cannabis operator, part of a $5 million refinancing plan. This move underscores SHFS's role in providing competitive financing solutions in the cannabis industry.
The issuance of a $1.07 million credit facility is a positive development for Safe Harbor Financial, as it demonstrates their active role in the cannabis financing sector. This could lead to increased investor confidence and potential growth in their credit portfolio.
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