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Bullboard - Stock Discussion Forum POSaBIT Systems Corp C.PBIT

Alternate Symbol(s):  POSAF

POSaBIT Systems Corporation is a financial technology company that delivers payment processing and point-of-sale (POS) systems for cash-only businesses. The Company specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution. Its POS system is specifically designed to suit the needs of cannabis retailers and eliminate the pain... see more

CSE:PBIT - Post Discussion

POSaBIT Systems Corp > Bring Compliant Cannabis Banking & Payments to the Industry
View:
Post by Betteryear2 on Nov 23, 2021 7:39am

Bring Compliant Cannabis Banking & Payments to the Industry

SEATTLE--()--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.

https://www.businesswire.com/news/home/20211123005309/en/

 
Comment by mjh9413 on Dec 01, 2021 12:30am
I keep looking at this company but I wonder, and now ask the question, are they possibly in violation of Federal laws essentially financing cannabis operations in U.S.? ?  I mean, what compliance are they referrring to on that NR?
Comment by Blueskye101 on Jan 03, 2022 11:42am
You can wonder while the stock keeps going up.
POSaBIT Systems Corp