SHF Holdings, Inc. announced that the Company has increased its lending and deposit relationship with a tier one multi-state operator by originating three new loans for affiliates of the MSO in the aggregate amount of $4,282,000. The loans were secured by retail assets in three additional limited-license markets in which the MSO operates. The Company had previously announced in May that it had originated four commercial real estate-backed loans for subsidiaries of the tier-one MSO.

The approximate amount for the loans was approximately $5.5 million aggregate and are secured by a first deed of trust on four retail dispensary locations in a key limited-license state. The Company also announced an expanded relationship with the tier-one MSO in June through the origination of an additional first lien-secured loan in the approximate amount of $2.9 million on a cultivation facility located in a major adult-use cannabis market. The current loans are in accordance with the same lending commitment as previous loans provided to the MSO, offering the same market-leading terms?including a fixed interest rate, five-year term and a 25-year amortization period?for permanent financing of the MSO?s critical assets.