POSABIT Overview and FY 2021 Results

FEDERAL LEGALIZATION ? The most common question we are asked is "What happens to POSABIT when cannabis is federally legalized?" The more pertinent question is "What will federal legalization even mean for the cannabis industry?" . ⚫ On day 1 of federal legalization, nothing will change. 7-11 won't begin selling marijuana. It won't be available on Amazon. • There are innumerable regulations and laws and infrastructure that must be put in place across the country. • State laws and regulations will continue to exist, including states who decide to keep cannabis illegal (see: Idaho). Similar to sports betting and online gambling. POSABIT 19

View entire presentation