POSaBIT Systems Corporation (CSE:PBIT,OTC:POSAF) has launched its campaign on the Investing News Network’s cannabis channel.

POSaBIT is a fintech company that has developed an innovative blockchain-based payment processing and point-of-sale (POS) system for businesses forced to rely on cash. POSaBIT designed its system to cater to the American cannabis industry, where companies operate high-risk cash businesses due to federal cannabis laws. While recent legislative proposals have been submitted to allow cannabis-related business to work with banks, the POSaBIT payment processing system has been designed to serve both cash businesses and those fully integrated into traditional payment systems.

POSaBIT intends to secure a first-mover advantage in the United States by establishing operations in cannabis-friendly states before federal cannabis legalization is proposed. To date, the POSaBIT system has been deployed in over 120 stores across California, Colorado, Oklahoma, Arizona, Nevada and Washington. The system collects data for both retailers and manufacturers, enabling businesses to adapt to consumer preferences and market demands. POSaBit has provided its services to a number of major brands including Nike Inc. (NYSE:NKE), GoPro Inc. (NASDAQ:GPRO) and Guess? Inc. (NYSE:GES).

POSaBIT’s company highlights include the following:

  • POSaBIT offers an innovative blockchain-based payment processing and POS system, which is a first-to-market software solution for managing cannabis retail stores.
  • The payment processing and POS system is one of the only compliant systems in the US.
  • Sales through the POSaBIT system are typically 60 percent higher than the cash-only purchase.
  • The POS system is currently used in over 120 stores across California, Colorado, Oklahoma, Arizona, Nevada and Washington.
  • The company provides its POS system to big brand names such as Nike, GoPro, Safeway, & Warner Brothers, and its payments solutions to such major cannabis chains as The Reef dispensaries, Bud Hut, and Starbuds, among many others.
  • POSaBIT processed $85 million in payments in the food services industry in 2018.
  • Salal Credit Union openly acknowledges its relationship with POSaBIT despite the federal stance on cannabis.
  • POSaBIT is led by an experienced management team and board of directors comprised of technology entrepreneurs.
  • Management and the board hold approximately 37 percent of shares.

Click here to learn more about POSaBIT Systems Corporation (CSE:PBIT,OTC:POSAF) and to request an investor presentation.

Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is pleased to announce that it has issued a total of 7,400,000 options pursuant to its incentive stock option plan (“Plan”) to management, employees and consultants. Each option entitles the holder to subscribe for one common share of the Company for $0.265 for a period of 5 years, subject to the terms of the Plan

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  • UK medical professionals may now earn CPD credits through Khiron’s medical cannabis education program
  • The Company has entered into a strategic partnership with Cellen Therapeutics, a leader in digital healthcare in the UK, to increase patient access via medical cannabis education
  • As a leading international medical cannabis educator, nearly 1,000 medical professionals in Latin America and the United Kingdom have registered for, or completed, Khiron Academy training

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Additionally, following its accreditation, the Company has entered into a strategic partnership with Cellen Therapeutics, a leader in digital healthcare in the UK and fellow founding member of Project Twenty21, to increase patient access through medical cannabis education initially. Khiron Academy will be made available to prescribers in the UK that have registered with Cellen’s MedCanHub, an emerging education portal. Cellen is market leader, widely recognized for also launching the UK’s first digital pain clinic, Leva.

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Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FSE: YG3) (“Better Plant”) or (the “Company”) a wellness company that develops and sells sustainable, plant-based products, is pleased to announce that it’s Jusu Home and Body line is now available for purchase on Faire Wholesale Marketplace (“Faire” or “www.faire.com”), an online wholesale marketplace valued at US $2.5 billion. Jusu Home and Body products are currently featured in their “New Arrivals” section.

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