SHF Holdings Inc., dba Safe Harbor Financial (Nasdaq: SHFS), is expanding its partnership with Würk, a human capital management (HCM) company in the cannabis industry. This strategic partnership aims to connect cannabis operators to compliant financial and workforce solutions.
The collaboration will launch a mutual referral program that leverages both companies’ expertise in providing HCM and financial services solutions for cannabis businesses. As the sector matures and regulatory complexities grow, these integrated services will help operators navigate compliance and scaling effectively.
Under the agreement, Würk will introduce cannabis-related businesses (CRBs) to Safe Harbor’s digital-first banking solutions. In return, Safe Harbor will refer clients to Würk for industry-specific HCM services. This partnership allows both companies to maintain flexibility while serving a diverse range of industry clients and partners.
Safe Harbor and Würk aim to assist enterprises in overcoming the challenge of accessing reliable, transparent and compliant banking solutions. By bridging workforce management and financial accessibility, they will also help cannabis professionals establish personal bank accounts with institutions that recognize and support the industry.
“This partnership is more than just a referral program — it’s a shared commitment to solving one of the most persistent and painful challenges in the cannabis space: access to financial services,” said Terry Mendez, CEO of Safe Harbor Financial. “By connecting our clients to Würk’s industry-leading workforce tools and offering their clients access to our compliant financial services, we’re helping businesses potentially reduce costs while bridging two foundational needs – people and capital. Together, we’re creating real pathways for cannabis operators to grow with confidence, compliance and lasting support.”
Golden-based Safe Harbor Financial offers a range of financial solutions tailored to the needs of cannabis businesses, with more than a decade of experience helping clients navigate complex regulations at the state and federal level. The new referral program enhances the company’s financial solutions. Würk has nearly a decade of experience developing solutions that aim to improve recruiting, human resources, scheduling, timekeeping, payroll and retirement planning.
