Cannabis Fintech POSaBIT Integrates Metrc Connect Reporting

POSaBIT Systems Corporation (OTCQX:POSAF), a provider of payments and point-of-sale infrastructure for the cannabis industry, has integrated Metrc Connect reporting in its point-of-sale system for all states that utilize the track and trace system. Metrc, a U.S.-based provider of cannabis regulatory technology systems, combines software, radio-frequency identification (RFID), customer support, and a secure database to track cannabis from growth, harvest, and processing to testing and transport.

“We are excited that POSaBIT has achieved full integration with Metrc Connect across all States, including Oregon,” stated Michael Johnson, CEO of Metrc. “POSaBIT’s commitment to adopt Metrc Connect highlights their dedication to providing a smooth transition and optimal experience for their customers.”

All POSaBIT partner dispensaries in Metrc regions now report necessary data to their …

Full story available on Benzinga.com

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