Mr. Ryan Hamlin reports

POSABIT ANNOUNCES FULL INTEGRATION OF METRC CONNECT

Posabit Systems Corp. has completed work on fully integrating Metrc Connect reporting in its industry-leading point-of-sale system for all states that utilize the track-and-trace system.

"We are excited that Posabit has achieved full integration with Metrc Connect across all states, including Oregon," said Michael Johnson, chief executive officer of Metrc. "Posabit's commitment to adopt Metrc Connect highlights their dedication to providing a smooth transition and optimal experience for their customers."

All of Posabit's partner dispensaries in Metrc regions now seamlessly report the necessary data to their regulatory bodies through the company's leading point-of-sale software.

"We have partnered closely with Metrc over the years and we appreciate their industry leadership when it comes to compliance," said Ryan Hamlin, chief executive officer and co-founder of Posabit. "This continued focus on compliance and regulatory requirements by Posabit has proven to be one of the main reasons so many merchants have migrated over from older legacy point-of-sale providers to a more innovative Posabit POS solution."

About Posabit Systems Corp.

Posabit is a fintech (financial technology company), working exclusively within the cannabis industry. The company provides a best-in-class point-of-sale solution and is the leading cashless payment provider for cannabis retailers. Posabit works tirelessly to build better financial services and transaction methods for merchants. Posabit brings 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.