POSaBIT reports third-quarter loss despite payment platform growth

Green Market Report
By Adam JacksonNov 26, 2024, 6:00 pm61 pts
POSaBIT Systems Corp. (CSE: PBIT) (OTC: POSAF) reported a $2.1 million loss in its third quarter even though adoption of its new payment platform and expanded merchant base has grown. The cannabis fintech posted revenue of $4.1 million for the period ending Sept. 30, down 4% from the second quarter. The...…

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