A company that helps cannabis businesses with their money made a lot more money in the last year. They went from making $9.5 million to $17.6 million, which is a big increase of 85.3%. The CEO said they did well because they started new services and got more money from fees, interest and loans. Read from source...

- The title is misleading and sensationalized, implying that the financial service provider (FSP) in cannabis reports a significant increase in revenue for both 4Q and 2023, when in fact it only reports an increase for 2023.
- The article uses vague terms such as "regulated cannabis industry" without defining what it means or how it is regulated, which could confuse readers who are not familiar with the context of the FSP and its activities.
- The article does not provide any information on the reasons behind the 85.3% increase in annual revenue, such as market growth, customer acquisition, product innovation, or cost efficiency, which would help explain the performance and justify the claim of being a leading facilitator of financial services to the cannabis industry.
- The article quotes the CEO of the FSP without providing any context or background on her qualifications, experience, or credibility, which could raise doubts about the reliability and validity of her statements.
- The article does not mention any risks or challenges that the FSP faces in its operations, such as legal uncertainties, competition, regulatory changes, or market volatility, which could affect its future performance and growth prospects.

1. Buy SHF Hldgs (NASDAQ:SHFS) stock at its current price or lower if possible. The company is a leading facilitator of financial services to the regulated cannabis industry, with record annual revenue up by 85.3% in 2023 and over $21.5 billion in deposit activity across 41 states since its inception. This indicates strong growth potential and market share in the emerging cannabis sector, as well as a diversified revenue mix that reduces dependency on any single source of income. The stock is undervalued compared to its peers and has significant upside potential.
2. Sell or short any competitors or rivals of SHF Hldgs (NASDAQ:SHFS) in the cannabis financial services industry, especially those with lower revenue growth, higher debt levels, or less diversified income sources. These stocks are likely to underperform SHF Hldgs (NASDAQ:SHFS) and may face increased regulatory risks or competition from other players in the market. Some examples of such stocks are Cresco Labs (CRLBF), Trulieve Cannabis (TCNNF), and Green Thumb Industries (GTBIF).
3. Monitor the developments in the cannabis legalization movement at the federal, state, and local levels, as well as the regulatory environment for financial services providers in the sector. These factors may have a significant impact on SHF Hldgs (NASDAQ:SHFS) performance and stock price in the future, as well as the overall cannabis industry outlook. Some of the key issues to watch are the potential removal of banking restrictions for cannabis businesses, the expansion of medical and recreational markets, and the taxation and licensing regimes for cannabis products and services.