-

POSaBIT Becomes Approved Integrator for CCRS, Washington’s New Traceability System

SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has officially been accepted as an approved integrator for CCRS, Washington State’s new state traceability system, which is scheduled to go live in early December.

“The POSaBIT team has been hard at work since the day the transition to CCRS was announced to ensure that our point of sale system would be ready to go on day one of implementation,” said Christine Foss, Director of Product at POSaBIT. “Aside from all the work our product and development teams have accomplished - including becoming an approved integrator - we are equally committed to keeping our point of sale partners informed, trained, and up to date on the CCRS transition in anticipation of the go-live date in December.”

The POSaBIT team will continue to work closely with the state and its fellow technology partners over the coming weeks to fine tune their product and processes to guarantee a seamless transition to CCRS. They plan to provide their partners with ample training materials, opportunities for personal walkthroughs of the new system, and whatever additional support they may need throughout this month.

About POSaBIT

POSaBIT (CSE: PBIT) is a financial technology company that delivers unique and innovative blockchain-enabled payment processing and point-of-sale systems for cash-only businesses. POSaBIT specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution that is compliant, user-friendly, and utilizes top-of-the-line hardware. POSaBIT’s unique solution provides a safe and transparent environment for merchants while creating a better overall experience for the consumer. For additional information, visit www.posabit.com.

Contacts

Investor Relations:

investors@posabit.com

Media Relations:

Oscar Dahl
855-767.2248
oscar@posabit.com

Management:

Ryan Hamlin
Co-founder and CEO of POSaBIT
855-767-2248
investors@posabit.com

Hayden IR
James Carbonara
(646) 755-7412
james@haydenir.com

POSaBIT Systems Corp

OTCQX:POSAF
Details
Headquarters: Bellevue, WA
CEO: Ryan Hamlin
Employees: 10-100
Organization: PUB

Release Versions

Contacts

Investor Relations:

investors@posabit.com

Media Relations:

Oscar Dahl
855-767.2248
oscar@posabit.com

Management:

Ryan Hamlin
Co-founder and CEO of POSaBIT
855-767-2248
investors@posabit.com

Hayden IR
James Carbonara
(646) 755-7412
james@haydenir.com

More News From POSaBIT Systems Corp

POSaBIT Reports Fourth Quarter and Annual 2024 Financial Results

TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three and twelve months ended December 31, 2024. “After a turbulent 2023 for the cannabis industry at large, POSaBIT’s main focus in 2024 was solidifying the health of the company for the present and the future. There were few, if any, winners in our industry ove...

POSaBIT to Host Fourth Quarter and FY 2024 Earnings Conference Call

TORONTO & SEATTLE--(BUSINESS WIRE)--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 April 24, 2025 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2024. POSaBIT is soliciting investor questions prior to the call. Please send your questions to investors@posabit.com. All questions will be aggregated...

POSaBIT is the Overwhelming Cannabis Point of Sale Solution of Choice in Washington State, Processing Over 85% of all Cannabis transactions

SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a leading provider of point of sale and payments infrastructure in the cannabis industry, is proud to announce that it now processes over 85% of all point of sale cannabis transactions in Washington State. This milestone underscores POSaBIT's commitment to delivering innovative, secure, and feature-rich solutions to cannabis retailers. "Reaching this level of market penetration in our home state is a testament to the...
Back to Newsroom