POSaBIT is a Seattle-based financial services company incorporated in 2015. The business created a point-of-sale arrangement for purchasers of legal cannabis in Washington based on conversion of US dollars from a customer's debit card swipe using cryptocurrency. Since going to market, POSaBIT has introduced a mobile payments solution and a fully integrated and compliant point-of-sale system. In April 2019, POSaBIT went public and began trading on the Canadian Securities Exchange (CSE) under the ticker "PBIT".
- "Ganjapreneurs look to Bitcoin as big banks reject their money", The Cannabist, The Denver Post, June 19, 2017
- Jennifer Kaplan (June 13, 2017), Bitcoin is helping the U.S. pot business get over its banking problem, Bloomberg News – via The Globe and Mail (Toronto)
- Chris Moore (June 20, 2017), "Lack of Legal Banking Options Pushing Canna-Businesses Towards Bitcoin", Merry Jane
- "Good news for card-carrying potheads: Seattle startup raising funds so you don't have to use cash". GeekWire. 2019-08-05. Retrieved 2019-08-14.
- "POSaBIT Begins Trading on the Canadian Securities Exchange". www.businesswire.com. 2019-04-08. Retrieved 2019-08-14.
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