Safe Harbor Financial went public via a SPAC merger with Northern Lights Acquisition in a $327m deal.

Safe Harbor Financial, a financial services provider, went public via a SPAC merger with Northern Lights Acquisition, a publicly-traded special purpose acquisition company, in a $327m deal. "The acquisition by Northern Lights will allow Safe Harbor to advance its efforts to remain the premier cannabis financial services provider. Over the last seven years, our team has pioneered what many consider to be the industry standard cannabis banking platform by establishing strong internal processes and controls, and by complying with rigorous state and federal banking guidelines. Through the SPAC transaction, we believe Safe Harbor will be well-positioned to expand its suite of financial services for our existing and new clients and continue to support the growth of the cannabis industry at a very high level. Our goal is to become a 'one-stop-shop' for cannabis business financial needs," Sundie Seefried, Safe Harbor CEO.