SHF Holdings Inc (SHFS) Earnings

SHF Holdings, Inc. engages in the provision of financial services focused on the cannabis industry. The company is headquartered in Golden, Colorado and currently employs 39 full-time employees. The company went IPO on 2021-06-24. Its services include regulatory compliance consulting and software for maintaining Know Your Customer (KYC) and Bank Secrecy Act compliance to financial institutions, principally conducted vis-a-vis its proprietary financial services platform and the origination, onboarding, verification, and servicing of cannabis-related deposit business for and on behalf of its partner financial institutions. Its services also include sourcing, underwriting, servicing, and administering loans issued to cannabis businesses and related entities, which are often also its customers and being customers of its partner financial institutions. Through the Company’s platform, its financial institution clients can provide cannabis-related businesses (CRBs) with access to traditional financial services.