POSaBIT to Participate in a Fireside Chat at the 35th Annual Roth Conference on Monday, March 13, 2023, at 2:00 PM (PT)

Rhea-AI Summary

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), a leader in cannabis payment solutions, announced its participation in a fireside chat at the 35th Annual Roth Conference on March 13, 2023, at 5:00 PM ET. Investors can access the webcast here. Management will also hold one-on-one meetings at the conference, and interested parties can reach out via James@HaydenIR.com to arrange meetings. POSaBIT aims to enhance financial services in the cash-only cannabis sector, providing cutting-edge technology for retailers.

KIRKLAND, Wash.--(BUSINESS WIRE)-- POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, today announced that management will participate in a fireside chat at the 35th Annual Roth Conference on Monday, March 13, 2023 at 5:00pm ET / 2:00 PM (PT). Investors can view the webcast at the following link: https://wsw.com/webcast/roth46/posaf/1982415

Management will be available for one-on-one meetings at the conference. Interested investors should contact their conference representative to schedule a one-on-one meeting or James@HaydenIR.com.

About POSaBIT

POSaBIT (CSE: PBIT) is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We bring cutting edge software and technology to the cannabis industry so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry. For additional information, visit www.posabit.com.

Cautionary Note Regarding Forward-Looking Information and Statements

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions.

Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to, business, economic and capital market conditions; the ability to manage our operating expenses, which may adversely affect our financial condition; our ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for our products; our relationships with our customers, distributors and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers’ needs; our ability to attract, retain and motivate qualified personnel; competition in our industry; our ability to maintain technological leadership; our ability to manage risks inherent in foreign operations; the impact of technology changes on our products and industry; our failure to develop new and innovative products; our ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect our business; our ability to manage working capital; and our dependence on key personnel. POSaBIT is an early stage company with a short operating history; it may not achieve profitability; and it may not actually achieve its plans, projections, or expectations.

Important factors that could cause actual results to differ materially from POSaBIT’s expectations include consumer sentiment towards POSaBIT’s products, litigation, global economic climate, loss of key employees and consultants, additional funding requirements, changes in laws, technology failures, competition, and failure of counterparties to perform their contractual obligations.

Neither we nor any of our representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither we nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise resulting from the use of the information in this news release or for omissions from the information in this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230302005289/en/

Investor Relations:

investors@posabit.com

Media Relations:

Jesse Swingle

855-767.2248

jesse@posabit.com

Management:

Ryan Hamlin

Co-founder and CEO of POSaBIT

855-767-2248

investors@posabit.com

Hayden IR

James Carbonara

(646) 755-7412

james@haydenir.com

Source: POSaBIT Systems Corporation

FAQ

When is POSaBIT participating in the Roth Conference?

POSaBIT will participate in the Roth Conference on March 13, 2023, at 5:00 PM ET.

How can investors view the POSaBIT webcast?

Investors can view the POSaBIT webcast at this link.

Who should investors contact for one-on-one meetings with POSaBIT management?

Interested investors should contact their conference representative or email James at James@HaydenIR.com for one-on-one meeting arrangements.

What services does POSaBIT provide in the cannabis industry?

POSaBIT provides a best-in-class Point-of-Sale solution and is a leading cashless payment provider for cannabis retailers.

What is the stock symbol for POSaBIT?

The stock symbol for POSaBIT is POSAF, traded on OTC-PINK.