POSaBIT Names Emily Eagon Chief Financial Officer

Emily Eagon, previously Vice President of Finance, takes over as CFO of the cannabis payments company effective November 10, 2026.

Updated on Nov. 11, 2026 in People

POSaBIT Names Emily Eagon Chief Financial Officer

POSaBIT Systems Corporation has appointed Emily Eagon as Chief Financial Officer, effective November 10, 2026. Eagon has served as the company's Vice President of Finance since May 2025.

Why it matters

The appointment places an internal finance leader in charge of accounting, financial reporting, planning and capital strategy at the cashless payment provider for cannabis retailers. Ryan Hamlin said her promotion is well earned, citing her discipline and understanding of the business.

Eagon has more than 20 years of accounting and finance leadership experience, including seven years building Medium's finance function and prior roles at Predictis and Discuss.io. The release does not disclose any financial targets tied to the appointment.

The players

POSaBIT Systems Corporation

POSaBIT is a FinTech company listed on the CSE and OTC that provides cashless payment services to cannabis retailers, with headquarters in Toronto and Seattle.

Emily Eagon

Eagon is a finance executive with more than 20 years of accounting and finance leadership experience, previously at Predictis, Discuss.io and Medium.

Ryan Hamlin

Hamlin is an executive at POSaBIT who publicly endorsed Eagon's promotion to Chief Financial Officer.

The details

POSaBIT said Eagon will oversee accounting, financial reporting, planning and capital strategy, and will drive operational efficiency and long-term value. The company is listed on the CSE under PBIT and on the OTC under POSAF, and describes itself as a FinTech company working exclusively within the cannabis industry.

Timeline

  1. May 2025: Eagon began as Vice President of Finance at POSaBIT.

  2. November 10, 2026: Eagon's appointment as Chief Financial Officer takes effect.

Market Landscape

POSaBIT's appointment of an internal finance leader fits a pattern of cannabis-sector companies building out professional finance functions as Canada's legal adult-use market, legalized in October 2018, matures. The move signals continued emphasis on disciplined capital strategy among listed companies serving licensed cannabis retailers.

For Canadian cannabis retail customers, the appointment itself does not change product availability or pricing. Investors in POSaBIT can track the transition through the company's financial reporting, which Eagon will now oversee.

The takeaway

Leadership changes in listed cannabis companies often signal shifts in financial discipline that investors can monitor through quarterly filings. Watching how reporting and capital decisions evolve after November 10, 2026 will show whether the appointment alters POSaBIT's strategy.

Further reading

Explore more executive moves in the People section for related corporate leadership news.