Canna Security America Wins Major Contract Over Competitor

Spotlight Companies |

Canna Security America (OTCQB:CSAX), a Colorado-based company that provides effective security solutions to cannabis businesses, including alarms, door access systems, video surveillance, security system design, and state licensing consulting announced today that it has closed on one of the most prestigious clients within the cannabis industry: The Health Center. A contract previously held by one of CSA’s competitors, this agreement provides a revenue boost going into fiscal 2016 for CSA.

The Health Center, a premier dispensary with two locations in Denver, is focused on cultivating the finest quality medicine, legitimizing the medical cannabis industry, and providing quality and professionalism while maintaining ethical grow practices. CSA has been contracted to supply on-site physical security guards to The Health Center.

“We are proud to bring on an important new client to the CSA platform,” said Dan Williams, CEO of Canna Security America. “The Health Center is a client that we will grow with as they expand their operations.”

Founded in 2009 to meet the growing needs and peculiarities of the evolving medical cannabis industry from a legal, regulatory compliance and security perspective, CSA was instrumental in the development of Colorado’s legal cannabis market. Today, CSA is recognized as a leader in security and compliance services for the legal cannabis industry. Along with this landmark contract, the company has achieved a number of operational milestones, including:

  • Presenting at the Viridian Cannabis Investor Symposium in New York City.
  • Hiring Tom Siciliano as its new COO in order to help CSA go public, drive its processes, and expand its growth.

Furthermore, as of last month, the company completed its merger and began trading as a public company. “As our business continues to grow and expand to multiple states and an increasingly diverse set of clients, it is critical that we have access to the proper capital to support and fund this growth,” said Williams. “This is why we chose Gibraltar Advisors to take us public and best position us in the capital markets.”

Canna Security America has entered the new year with a strong presence. By landing this highly coveted contract with an industry leader, the company furthers its already strong reputation as an effective and necessary security solution for the cannabis industry. “We believe that our track record of achieving a 100% licensing approval rating for each of our more than 500 installed client sites,” said Williams, “as well as the expertise of The Cloverton Group physical security personnel stand as testaments to our experience and focus on quality and customer service and are the real reasons why we continue to win new business in Colorado as well as newly legalized states.”

For more information about Canna Security America, visit www.cannasecurity.com.

Disclosure: In the purview of Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that Equities.com, Inc. may be compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker, broker dealer, investment advisor, analyst, investment banker or underwriter. All profiles are based on information that is available to the public. The information contained herein should not be considered to be all-inclusive and is not guaranteed by Equities.com to be free from misstatement or errors. Readers are reminded to do their own due diligence when researching any companies mentioned on this website.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Taranis Resources Inc.

Taranis Resources Inc is an exploration stage company. The Company along with its subsidiaries is engaged in the acquisition and exploration of mineral properties. Its projects include Thor Property in…

Private Markets

Wealthfront

Wealthfront is an automated investment service that serves as an alternative to traditional financial advisory services. The company manages a diversified, continually rebalanced portfolio of index funds on their clients’…

Pinterest

Pinterest is a visual discovery and planning tool. Users ("Pinners") use the site and apps to get ideas for their future, such as recipes, places to travel, and products to…