Marijuana payment technology company POSaBit Systems Corp. has applied to list its shares on the TSX Venture Exchange, moving away from the Canadian Securities Exchange.
CEO Ryan Hamlin described the Bellevue, Washington-headquartered company’s planned move to the TSXV as “the natural continuation of our plan and commitment to our shareholders to expose POSaBIT to a larger market of investors in the US, Canada and abroad.”
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“I am excited at the possibility of facilitating ownership and improving trading liquidity, in addition to potential index and ETF inclusion,” Hamlin said in a Dec. 22 statement.
POSaBit intends to delist from the Canadian Securities Exchange (CSE) if the TSXV listing is successful, the company’s marketing director, Jesse Swingle, confirmed to MJBizDaily.
Separately, POSaBit announced on Dec.
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