Latest / The Dales Report | Trade to Black
Cannabis Banking Grows As Reform Looms
On the latest episode of Trade To Black presented by Flowhub, host Shadd Dales and Anthony Varrell sit down with the CEO of Safe Harbor Financial (NASDAQ: SHFS) to break down the surge of cannabis banking in emerging markets over the past year. Safe Harbor reported a 29% year-over-year increase in average deposit balances across emerging U.S. markets. Those markets now account for 31% of total deposits. The growth came from more than 100 new customer accounts and expanding operators in states like New York, Ohio, Delaware, Minnesota and Florida.In the second segment, the conversation switches…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.