POSaBIT Announces Sarah Mirsky-Terranova as Chief Compliance Officer

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, is proud to name Sarah Mirsky-Terranova, Esq., as the company’s Chief Compliance Officer.

“Sarah’s depth of experience and industry knowledge provides our company with a tremendous opportunity to build upon our already intense focus on compliance,” said Ryan Hamlin, Co-Founder/CEO of POSaBIT. “We are beyond excited to welcome Sarah and her unique skills into our organization.”

“More and more states continue to legalize both recreational and medicinal cannabis use, and to be at the forefront of it is truly exciting,” said Sarah Mirsky-Terranova. “In my role, I can help oversee our compliance and regulatory processes and cultivate key relationships as POSaBIT continues to expand into new states.”

Sarah is a skilled compliance C-suite executive and attorney, and boasts extensive experience in managing and advising on in-depth case investigations pertaining to BSA/AML, financing and trafficking, sanctions, KYC, and fraud-related matters. In previous roles, she has managed regulatory reviews and mitigated gaps found in the financial crime investigative/escalation process that could pose a regulatory risk. In her role as Chief Compliance Officer of the Company, she will lead the POSaBIT team in designing, implementing, and monitoring processes to comply with all laws and regulations in the fast-changing industry. Most recently, she served as Chief Compliance Officer at Synctera.