Safe Harbor Financial and Navigating the Cannabis Fintech Landscape
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Safe Harbor Financial and Navigating the Cannabis Fintech Landscape
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Terry Mendez, the new CEO of Safe Harbor Financial, the newly appointed CEO of Safe Harbor Financial, emphasizing their experience in the cannabis industry and business transformation . We discussed Safe Harbor's success in processing over $25 billion in cannabis-related funds, their strategies for navigating industry challenges (including regulatory hurdles and taxation), and their vision for expanding into a multifaceted fintech company offering various services beyond banking.
Mendez highlighted several new initiatives, such as debt restructuring, new programs (employee banking, Safe Harbor Connects), and the development of a lending platform, while emphasizing the company's NASDAQ listing and data-driven approach to addressing industry pain points.
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