Kirkland, US software platform for cannabis retailers covering point-of-sale, payments, inventory and reporting.
Founded in 2016 in Kirkland, US, POSaBIT, Inc. provides cannabis management and inventory software, including an integrated point-of-sale system and payment processing for cannabis retailers across the US. Jon Baugher and Ryan Hamlin are founders, and Ryan Hamlin is CEO. Revenue comes from monthly or annual subscriptions and transaction fees. As of January 2023 the company secured USD 8 million in venture debt from Perga Capital Management as part of a USD 11 million equity and debt funding round.
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