Security companies positioned to capitalize on growth in the legal #marijuana market; Companies mentioned - DirectView Holdings, Inc. (OTC: $DIRV), Canopy Growth Corporation (TSX: $WEED.TO) ( NYSE: $CGC), Aurora Cannabis (TSX: $ACB.TO), (OTC: $ACBFF)
Point Roberts, WA and Delta, BC - October 10, 2018 (Investorideas.com Newswire) a leading investor news resource covering security and cannabis stocks releases a sector snapshot looking at how the two sectors are growing synergistically.
According to an article in SecuritySales.com, "Security companies are well positioned to take advantage of growth in the legal marijuana space. Once the products reach the warehouse or dispensary shelves, marijuana companies rely on advanced security systems including visual and audio surveillance to protect their valuables and even their license. In order to prevent diversion of product, most state cannabis regulations require growers, storage facilities, processors and dispensaries to have advanced video security systems."
DirectView Holdings, Inc. (OTC: DIRV), a video surveillance solutions technology company just announced its rollout and plans to enter the cannabis and CBD markets, to provide and install custom-tailored security, surveillance and safety equipment to meet their regulatory and compliance requirements.
Roger Ralston, CEO and Chairman of DirectView said, "Businesses that operate in the legal cannabis space are required to follow strict regulatory guidelines. One of the most important requirements is proper Security, Surveillance and Safety Systems. Take Colorado as an example: They have dispensaries that operate entirely on cash and have large inventories of cannabis and related products. This creates an environment where top-of-the-line security and surveillance systems, like those provided by DirectView, are a necessity. In addition to cameras, access control systems are usually a prerequisite."
In addition to extensive security and surveillance, CBD extraction facilities are required to take proper safety precautions. There is a risk of fire and explosions when dealing with flammable gasses and liquids in the production of CBD extracts, while C02 extraction can put occupants in danger from lowering the levels of oxygen. DirectView is a provider of class 1, division 1 explosion-proof cameras for special use in the CBD extraction rooms and in places where they otherwise are required.
"What we're seeing now are specialized extraction rooms; they have to be self-closing, they have to have an air exhaust system in place with panic hardware and they have to have gas detectors present. In addition, special class 1 division 1 explosion-proof cameras, which we provide, are required," Roger Ralston, CEO & Chairman of DirectView said. "We are seeing a unique opportunity to incorporate our access control solutions to these specialized extraction rooms as well. We believe this will prove to be a valuable vertical for DirectView," he concluded.
March Networks, a video surveillance and video-based business intelligence solutions provider to the cannabis industry, announced in August that a ‘publicly-traded producer’, with multiple brands and a global presence, chose the March Networks solution based on its proven reliability, ability to support thousands of locations, and its Searchlight business intelligence software. The news release did not name the stock but the Director of Information Security at Canopy Growth Corporation ( TSX: WEED.TO) ( NYSE: CGC) was a previous Director of IT at March Networks according to his Linkedin Profile.
An article, ‘Medical marijuana producer moving into Pointe Claire tries to ease neighbours' concerns’, shows how addressing security and surveillance plays a role in addressing residential concerns in opening up in a new area. “Aurora Cannabis (TSX: ACB.TO) (ACBFF) is taking over the old Peloton plant on Hymus near Alston. It's the world's second largest medical marijuana producer. Residents near the site were uneasy with the thought of a medical marijuana company moving in. They were concerned about possibly more crime in their neighbourhood and smells wafting out."
Executive Vice President of Aurora Cannabis, Cam Battley said similar concerns have been addressed at other facilities. "Under Health Canada regulations, the security at these facilities has to be very high and for example, there must be cameras covering every square inch of the production facility to ensure that there can be no diversion to the black market," said Battley, adding, “there are 150 surveillance cameras at their Calgary plant."
Note to investors following the company; Aurora Cannabis Inc(TSX: ACB.TO) (ACBFF) (Frankfurt: 21P; WKN: A1C4WM), announced that the Company has filed an application to list its common shares on the New York Stock Exchange ("NYSE"). Aurora's shares will trade on the NYSE under ticker symbol "ACB", the same symbol the Company's common shares currently and will continue to trade under on the Toronto Stock Exchange (TSX). Aurora will also continue to trade on the OTCQX under the ticker symbol "ACBFF" until completion of the NYSE listing.
Headquartered in Edmonton, Alberta, Canada with funded capacity in excess of 500,000 kg per annum and sales and operations in 18 countries across five continents, Aurora is one of the world's largest and leading cannabis companies. Aurora is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, high value-add product development, home cultivation, wholesale and retail distribution.
Highly differentiated from its peers, Aurora has established a uniquely advanced, consistent and efficient production strategy, based on purpose-built facilities that integrate leading-edge technologies across all processes, defined by extensive automation and customization, resulting in the massive scale production of high quality product at ultra-low costs. Intended to be replicable and scalable globally, these production facilities are designed to produce cannabis of significant scale, with high quality, industry-leading yields, and ultra-low per gram production costs. Each of Aurora's facilities is built to meet EU GMP standards, and its first production facility, the recently acquired MedReleaf Markham facility, and its wholly owned European medical cannabis distributor Aurora Deutschland (formerly Pedanios), have achieved this level of certification.
In addition to the Company's rapid organic growth and strong execution on strategic M&A, which to date includes 15 companies – MedReleaf, CanvasRX, Peloton Pharmaceutical, Aurora Deutschland (formerly Pedanios), H2 Biopharma, Urban Cultivator, BC Northern Lights, Larssen Greenhouses, CanniMed Therapeutics, Anandia Labs, HotHouse Consulting, Agropro, Borela, and the pending acquisition of ICC Labs – Aurora is distinguished by its reputation as a partner and employer of choice in the global cannabis sector, having invested in and established strategic partnerships with a range of leading innovators, including: The Green Organic Dutchman Holdings Ltd. (TGOD.TO), Radient Technologies Inc. (RTI.V), Hempco Food and Fiber Inc. (HEMP.V), Cann Group Ltd. (CAN.AX), Micron Waste Technologies Inc. (CSE:MWM), Choom Holdings Inc. (CSE:CHOO), Namaste Technologies Inc. (TSXV:N.V), Evio Beauty Group (private), Wagner Dimas (private), CTT Pharmaceuticals (CTTH), and Alcanna Inc. (CLIQ.TO).
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