POSaBIT Launches New 'Unlimited POS' System for Cannabis Dispensaries

"POSaBIT Unlimited" promises to revolutionize the way cannabis retailers run their business.

POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for cash-only businesses with a focus on those within the cannabis industry, has launched a game-changing, all-encompassing suite of products under the umbrella of "POSaBIT Unlimited".

POSaBIT Unlimited includes countertop point of sale hardware ("POSaBIT POS"), handheld point of sale hardware ("The Pocket POS"), the company's proprietary point of sale software, and a host of card payment options built to satisfy the needs of any cannabis retailer in the country. This new offering comes on the heels of POSaBIT showing massive growth in both their Payments and POS business in 2020, accelerating from break-even to cash-flow positive on the financial side.

"After many years working with cannabis retailers across the country, we realized that one thing was lacking, industry-wide, with point of sale systems: flexibility," said Ryan Hamlin, CEO and co-founder of POSaBIT. "Through POSaBIT Unlimited, we want to change the way dispensaries structure their business. Our solutions will allow any dispensary in the country to wholly customize their in-store, online, and delivery processes in any way they so choose."

A major component of POSaBIT Unlimited is the company's recently launched Pocket POS, a fully-mobile, handheld device that contains all of the features of a countertop point of sale system. These devices combine with a number of card payment options to create a seamless ecosystem within any retailer or dispensary, allowing ordering, fulfillment, and payment to exist within one single, flexible system.

In conjunction with the launch of POSaBIT Unlimited, CEO Ryan Hamlin will host a webinar on October 20, 2020 at 11am PDT to discuss the company, its financials, the future of the industry, and POSaBIT's current product offerings. You can sign up for the webinar here: https://attendee.gotowebinar.com/register/4540247859374508556

Management Contact
Ryan Hamlin
ryan@posabit.com

Media Contact
Oscar Dahl
oscar@posabit.com

News Provided by Business Wire via QuoteMedia

The Conversation (0)
POSaBIT

POSaBIT

Fully-Integrated Payment and POS Solutions for the US Cannabis Industry

Fully-Integrated Payment and POS Solutions for the US Cannabis Industry Keep Reading...
Glowing green Ethereum logo on a digital background of binary code and circuitry.

Crypto Market Update: Peter Thiel Fully Exits ETHZilla, Reversing Prior Ethereum Bet

Here's a quick recap of the crypto landscape for Wednesday (February 18) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities... Keep Reading...
Blue digital wallet with cryptocurrency coins on a red geometric background.

Sentora on the Future of Tokenized Equities in 2026 and Beyond

Tokenized equities have come into the spotlight this year, but can billions of dollars of real stock safely plug into the yield engine of decentralized finance (DeFi)? Sentora, a merged entity combining IntoTheBlock’s crypto data analytics with Trident Digital’s institutional yield strategies,... Keep Reading...
Gavel resting on the American flag, symbolizing justice and patriotism.

Crypto Market Update: Robinhood Shares Fall on Lower Quarterly Crypto Revenue

Here's a quick recap of the crypto landscape for Wednesday (February 11) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities... Keep Reading...
Two businesspeople shaking hands overlayed with a digital world map and tech graphics.

Franklin Templeton and Binance Launch Off-Exchange Crypto Collateral

Franklin Templeton, a global investment management firm, and leading cryptocurrency exchange Binance announced a new institutional off-exchange collateral program on Wednesday (February 11). The partnership between the two will enable eligible institutional clients to use tokenized shares of... Keep Reading...
Bitcoin on fire with a price chart going up.

Is Now a Good Time to Buy Bitcoin?

Bitcoin is prone to price volatility, with wide swings to the upside and downside, making it difficult for investors to know when is the right time to buy the top crypto.An emerging industry-friendly US regulatory environment, US Federal Reserve interest rate decisions, and rising institutional... Keep Reading...
Golden cryptocurrency coins stacked with a digital background.

Crypto Market Update: Tether Doubles Down With US$150 Million Gold.com Stake

Here's a quick recap of the crypto landscape for Monday (February 9) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I,... Keep Reading...

Interactive Chart

Latest Press Releases

Related News