Safe Harbor Reports 29% YoY Growth in Emerging US Cannabis Market Deposit Balances

Reuters03-03

Safe Harbor Reports 29% YoY Growth in Emerging US Cannabis Market Deposit Balances

SHF Holdings Inc., doing business as Safe Harbor Financial, reported that average deposit balances in emerging U.S. cannabis markets increased 29% year over year over the 12 months ended Feb. 4, 2026, contributing to a 4.5% increase in total average deposit balances. The company said emerging markets now account for 31% of its average deposit balances and that the growth reflects more than 100 new customer depository accounts added over the past year, along with higher deposit levels from certain existing clients as their operations expanded.

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: 202603030807PRIMZONEFULLFEED9664201) on March 03, 2026, and is solely responsible for the information contained therein.

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