Strong company, but cannabis industry poses challenges - Human Resources POSaBIT Employee Review

5.0
4 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Great company in a tough industry. They make the tough calls on when to hire or not and manage their budget well. In a normal industry this company would thrive but given the challenges of cannabis it has been hard.

Cons

Cannabis industry is super hard to compete in.

Explore other reviews about POSaBIT

5.0
11 Sept 2024
Recommend
CEO approval
Business outlook

Pros

Flexible schedule, no micro managing, just get your work done and you get the pay you deserve

Cons

Sometimes move too fast for it's own good.

4.0
11 Sept 2025
Recommend
CEO approval
Business outlook

Pros

It was fun while it lasted. Began as a get it done startup with big potential and ended with middle positioned company hitting their industry ceiling. I would describe the overall management as okay. They managed their cash flows well and did not over raise or over leverage like other startups. Good work/ life balance and fun technical challenges at times.

Cons

Stock options were worthless. They mainly promote from within, with a bit of nepotism and half of industry experts they did hire do not last long term given the changing landscape of the industry. This is a service company and not a tech company. No exit interview which speaks to their lack of a self improvement culture.

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