SHF Holdings Inc., dba Safe Harbor Financial (Safe Harbor) (Nasdaq: SHFS), has formed a strategic partnership with Bennett Thrasher, an accounting and advisory firm. This collaboration offers financial compliance and advisory services to businesses in regulated markets, supporting them from startup to expansion.
Through this partnership, Safe Harbor clients will gain access to a comprehensive suite of financial and advisory services tailored to the cannabis industry. These include audits and reviews to enhance transparency, tax preparation and filing with expertise in complex regulations like 280E, ongoing strategic financial and tax advisory, corporate valuations, M&A support and CFO-level services for executive financial guidance.
“Whether a cannabis business is launching, expanding, or preparing for a capital event, financial clarity is essential,” said Terrance Mendez, CEO of Golden-based Safe Harbor. “This partnership addresses a critical gap in financial infrastructure for businesses operating in this highly regulated space. It reflects our broader mission: to equip operators of all sizes with the tools, guidance and infrastructure they need to grow with confidence.”
Operators in regulated industries often face complex financial challenges, such as navigating 280E tax law and lacking access to specialized advisory services. Many struggle to meet compliance and strategic planning demands without expert support, Safe Harbor said. By integrating Bennett Thrasher’s expertise, Safe Harbor aims to help these businesses improve audit readiness, enhance financial credibility, avoid costly tax errors, make informed decisions and access executive-level financial insight without the cost of a full-time CFO.