SHF Holdings, Inc. Price & Performance (SHFS)

Nevada lawmakers have introduced a bill to establish an Alternative Therapy Pilot Program allowing the use of psychedelics, such as psilocybin and DMT, for specific mental health conditions. This initiative reflects growing interest in alternative mental health treatments and aligns with similar legislative efforts in other states.1

SHF Holdings' shareholders have approved a reverse stock split at a ratio of up to 1-for-20. This move aims to boost the company’s share price and improve marketability. The stock has faced significant pressure, declining 68% over the past year, but the company remains focused on strategic growth.2

SHF Holdings has negotiated favorable debt terms with Partner Colorado Credit Union, unlocking over $6 million in liquidity. The agreement includes a two-year interest-only period and extends the loan maturity to 2030. This financial flexibility is expected to support the company’s fintech transformation.3