POSaBIT Unveils Blockchain-based Payment for Cannabis Retailer

A financial technology company, POSaBIT has shared its recent deal made with Reef Dispensaries to build a blockchain based POS for its cash only business. The CEO of POSaBIT, Ryan Hamlin explained, “As one of the epicentres of the legal cannabis industry, with both a large contingency of medical patients and massive tourist footprint, we’re thrilled to partner with Reef Dispensaries as we’re introduced to the Nevada market.”

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