Introduction
SHF Holdings Inc (NASDAQ: SHFS) operates Safe Harbor Financial, a provider of banking and financial services to the cannabis industry. As of September 24, 2025, the stock closed at $8.39 per share, reflecting a 157.36% increase from its previous close. Trading volume reached 2,851,256 shares on the NASDAQ exchange.
Corporate Structure and Experience
Founded in 2015, SHF Holdings Inc has assembled a team with experience in navigating state and federal regulations that govern cannabis-related financial services. The leadership team includes executives with extensive backgrounds in financial compliance and technology solutions. The company employs a compact workforce to provide tailored banking products, risk management, and compliance expertise to licensed cannabis operators.

Cannabis banking by Elsa Olofsson
Developments and News
On September 24, 2025, SHFS shares experienced increased trading activity. This occurred ahead of the company's next earnings announcement, scheduled for November 14, 2025. Volume that day exceeded the 851,200-share average, indicating heightened interest from investors.
Financial and Strategic Analysis
SHF Holdings Inc reported $11.72 million in revenue for the trailing twelve months and a net loss of $53.07 million, resulting in a diluted EPS of –$19.14. With a market capitalization of $9.51 million, the company’s Price/Sales ratio stands at 0.74. Total cash on hand was reported at $247,320.
Strategically, SHF focuses on:
- Ensuring compliance in an evolving regulatory environment
- Providing banking solutions tailored for cannabis operators
- Developing technology platforms to streamline transaction and reporting processes
Market Position and Industry Context
Safe Harbor Financial was among the first to enter the cannabis banking sector in 2015. The company operates in a market influenced by state-level legal frameworks while awaiting federal regulatory changes. Competitors include regional banks and fintech firms that have launched similar services. SHF’s established presence and focus on compliance expertise are distinctive features amid ongoing changes in the cannabis finance landscape.
TL;DR
On September 24, 2025, SHFS shares increased by 157.36% to $8.39 with 2.85 million shares traded. The company is preparing for its earnings report on November 14, 2025, amid evolving cannabis regulations and ongoing demand for specialized banking solutions.