POSaBIT reports third-quarter loss despite payment platform growth | Where to order Skittles Moonrock online
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POSaBIT highlighted that it transitioned its clients to a new processing platform, leading to a revenue dip.
POSaBIT Systems Corp. (CSE: PBIT) (OTC: POSAF) reported a $2.1 million loss in its third quarter even though adoption of its new payment platform and expanded merchant base has grown.
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Adam Jackson
Adam Jackson writes about the cannabis industry for the Green Market Report. He previously covered the Missouri Statehouse for the Columbia Missourian and has written for the Missouri Independent. He most recently covered retail, restaurants and other consumer companies for Bloomberg Business News. You can find him on Twitter at @adam_sjackson and email him at adam.jackson@crain.com.
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