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POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “ Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, today announced the receipt of a notice of termination (the “ Notice ”) from Akerna...
2023-04-03 11:57:23 ET POSaBIT Systems ( OTCQX:POSAF ) acquired certain assets from Hypur, effective Apr.1, 2023, in a cash and equity transaction valued at up to $7.5M, implying a purchase price multiple of 1.4x 2022 revenue. The acquired assets generated ~$5.3M in reven...
Uniquely Positions POSaBIT as Only Payments Provider Serving Cannabis Industry with Multiple Processing Solutions Adds a Proven Cannabis Bank Compliance Platform and Multiple Bank Partners POSaBIT Systems Corporation (“POSaBIT” or the “Company ...
Plans to Report Fourth Quarter and Full Year 2022 Financial Results and Host Earnings Conference Call on April 26 POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “ Company ” or “ POSaBIT ”), a premier point-of-sale and payments provider...
2023-03-07 10:27:34 ET Summary PBIT's announced purchase of three software assets from Akerna, at 0.4x EV/revenue and 0.6x EV/gross profit, is a truly transformative deal. PBIT paid just $4mm to immediately grow their dispensary footprint by 60% - mostly all virgin territory to cr...
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier point-of-sale and payments provider for the cannabis industry, today announced that management will participate in a fireside chat at the 35th Annual Roth Conference on Monday, March 13, 2023 at 5:00 pm ET / 2:00 pm PT. Investors ca...
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, today announced that management will participate in a fireside chat at the 35th Annual Roth Conference on Monday, March 13, 2023 at 5:00pm ET / 2:00 PM (PT). Investors ca...
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, is proud to name Sarah Mirsky-Terranova, Esq., as the company’s Chief Compliance Officer . This press release features multimedia. View the full releas...
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (“ POSaBIT ” or the “ Company ”), the premier cannabis payments and point of sale platform, is proud to name Chris Baker to the company’s newly-created Chief Strategic Officer role. This press relea...
POSaBIT Systems Corporation (POSAF) Acquisition Call Transcript January 30, 2023 4:30 PM ET Company Participants James Carbonara - Hayden IR Ryan Hamlin - CEO & Co-Founder, POSaBIT Systems Corporation Conference Call Participants Owen Bennett - Jefferies ...
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POSaBIT exits Q1 with a renewed focus on sustainable profitability and growth Q1 Adjusted Gross Profit of $2.3M or 50% margins March Annualized Adjusted Gross Profit $10M POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT&...
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “ Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on June 13, 2024 at 4:30 PM ET to discuss the results of...
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the " Company " or " POSaBIT "), announces today that the Company is anticipating a delay in filing its interim financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2024 (the " ...