POSaBIT Announces ~$20MM USD Guaranteed Minimum Revenue Software License Agreement with Cannabis Technology Provider

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TORONTO & SEATTLE -- POSaBIT Systems Corporation (“POSaBIT” or the “Corporation”) is pleased to announce the effectiveness of a software license agreement signed after market close on August 22, 2022 (the “License Agreement”) pursuant to which POSaBIT has granted a non-exclusive, worldwide license to a large Cannabis technology partner (the “Licensee”) to commercialize the Corporation’s point-of-sale technology (the “Licensed Property”). Read More ...

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