Articles from POSaBIT

POSaBIT (CSE: PBIT, OTC: POSAF), a leading provider of point-of-sale and payments infrastructure for the cannabis industry, today expressed strong support for the federal government’s decision to reschedule cannabis from a Schedule I to a Schedule III substance under the Controlled Substances Act. The change marks one of the most significant federal cannabis policy shifts in decades and represents a major inflection point for licensed cannabis operators nationwide.

POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company delivering unique payment processing and point-of-sale systems for cash-only businesses, today announced that Chris Baker, currently serving as Chief Strategy Officer, will assume the role of Chief Operations Officer (COO) effective immediately.

In a podcast interview to be released today, POSaBIT CEO and Co-Founder Ryan Hamlin talks to Robert Kraft of Planet MicroCap about how POSaBIT achieved and maintains its competitive position in the modern cannabis market. Key to POSaBIT’s success are the two Cs: compliance and cash.

For clients of Seattle-based cannabis payments and point of sale provider POSaBIT, 4/20 means one thing: green.

While the cannabis industry continues to struggle with cash-based or alternative – and often risky – payment options, POSaBIT, the premier cannabis point of sale and payment platform, continues to champion the industry-leading POSaBIT payments platform. Leveraging the compliant and highly resilient PIN debit system, POSaBIT payments take the risk out of other, less reliable industry payment platforms like point of banking, clunky ACH or expensive third-party ATMs.

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier cannabis point of sale and payments platform, has unveiled POSaBIT 2.0.

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 28, 2022 at 4:30 p.m. eastern time to discuss the results of the fourth quarter and full year ended December 31, 2021.

Shield Compliance (www.shieldbanking.com) and POSaBIT (www.posabit.com) announced a strategic alliance to provide cannabis-related businesses (CRBs) and financial institutions a complete end-to-end view of compliance to ensure the transparency and traceability of transactions while also creating new revenue opportunities.

POSaBIT is happy to welcome Louis Camhi to its board. Mr. Camhi brings significant experience in capital markets, public companies, payment processing, investment banking and SPACs to the POSaBIT team.

POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, today announced that management will present at:

POSaBIT is pleased to welcome Don Tringali to its board, where he will serve as Board Director. Mr. Tringali brings a wealth of experience and insight to the POSaBIT team.