SHF Holdings Acquires 420 IT Solutions to Expand Cannabis Consulting Services

Reuters2025-12-23

SHF Holdings Acquires 420 IT Solutions to Expand Cannabis Consulting Services

SHF Holdings Inc., operating as Safe Harbor Financial, has expanded its consulting and managed services platform through the strategic integration of 420 IT Solutions, a cannabis-focused consulting firm. As part of the move, 420 IT Solutions’ founders, Frank A. Salluce and David Smokler, have joined Safe Harbor to lead the expanded division. The transaction includes the acquisition of 420 IT Solutions’ operating assets, client contracts, and proprietary advisory frameworks. This expansion aims to accelerate Safe Harbor’s consulting and managed services strategy, deepen client relationships, and broaden its offerings to both financial institutions and cannabis operators.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SHF Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9616338-en) on December 23, 2025, and is solely responsible for the information contained therein.

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