Great company with fun challenges every day - Manager POSaBIT Employee Review

5.0
19 Oct 2023
Recommend
CEO approval
Business outlook

Pros

It is extremely fun to work at a company that is trying to solve hard problems, like payments for cannabis. The team culture is great and the company has had a ton of success in growing quickly.

Cons

There are certainly days that are harder than others given the craziness of the cannabis industry. You have to be ok with change and be willing to learn from it, otherwise you probably shouldn't work here.

Explore other reviews about POSaBIT

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.

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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