Ryan Hamlin

POSaBIT Systems Corporation (OTCQX:POSAF), a provider of payments and point-of-sale infrastructure for the cannabis industry, reported Tuesday its financial results for the three months ended Sept. 30, 2024. Revenue for the quarter was $4.08 million, reflecting a 70% year-over-year decline...

POSaBIT Systems Corporation (OTCQX:POSAF), a provider of payments and point-of-sale infrastructure for the cannabis industry, has integrated Metrc Connect reporting in its point-of-sale system for all states that utilize the track and trace system. Metrc, a U.S.-based provider of cannabis...

POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF) reported Tuesday its financial results for the three months ended June 30, 2024. The provider of payments and point-of-sale infrastructure in the cannabis industry disclosed revenue of $4.26 million, down 69% from the same period in 2023. Quarter-...

The cannabis industry is abuzz with major developments from key players. High Tide, one of Canada’s largest cannabis retailers, prepares to release its latest financial results while expanding its retail presence and loyalty program. Meanwhile, POSaBIT Systems gears up for a major update on...

Cannabis-focused provider of payments infrastructure POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF) reported its financial results on Thursday for the three months ended March 31, 2024. The company reported a 67% year-over-year drop in revenue to $33.8 million in the first quarter.   Ryan...

POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF), a provider of payments infrastructure in the cannabis industry, announced on Tuesday its financial results for the twelve months ended Dec. 31, 2023. "Despite the challenges posed by several industry-wide payment disruptions in 2023, I am proud...

POSaBIT Systems Corporation (CSE:PBIT) (OTC:POSAF) has filed its application to list the company’s common shares on the TSX Venture Exchange. Ryan Hamlin, the company's CEO and co-founder, praised the move.  "This is the natural continuation of our plan and commitment to our shareholders...

POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF), a provider of payments infrastructure in the cannabis industry, has released its financial results for the third quarter of 2023, ending September 30, 2023. “Since our inception, POSaBIT has remained steadfast in our dedication to...

POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF) announced Thursday the full launch of POSaBIT POS 2.0, the next generation of the company's point-of-sale system. What Happened After receiving positive feedback during its beta phase, the Seattle-based company said it is confident that...

POSaBIT Systems Corporation (OTCQX: POSAF) (CSE:PBIT) released its financial results for the three months ended March 31, 2023, revealing total revenue of $11.5 million, up 82% compared with $6.3 million in the first quarter of 2022. Q1 2023 Financial Highlights Gross profit was $2.3 million, or...

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) released earnings for the three and 12 months ended December 31, 2022. The provider of payments infrastructure in the cannabis industry achieved record-level revenue in 2022 and has doubled or nearly doubled its revenues "for five consecutive...

POSaBIT Systems Corporation (OTCQX: POSAF) (CSE:PBIT) a point-of-sale and payments provider for the cannabis industry, provided financial guidance for 2023. 2023 Financial Guidance The company provided the following guidance for the full year 2023. Total revenue of $60 to $63 million. Gross...

After the overwhelming success of last year's 4/20 business event, the Benzinga Cannabis Capital Conference is returning to Miami beach April 11-12, 2023 with events taking place simultaneously on two stages at the historic Fontainebleau Hotel. As part of celebrating individuals, entrepreneurs...

POSaBIT Systems Corporation (OTCQX: POSAF) (CSE:PBIT) a cannabis payments and point of sale platform, appointed Chris Baker as chief strategic officer. “Chris’ extensive experience leading strategic initiatives and teams is a great fit. We could not be more excited to welcome him to the...

POSaBIT Systems Corporation (POSAF) (CSE: PBIT) (OTCQX: POSAF), a leading provider of payments infrastructure in the cannabis industry, announced its  financial results on Tuesday afternoon for the three and nine months ended September 30, 2022. “The third quarter was...