SEATTLE, Jan. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- 3 Sixty Risk Solutions Ltd. (CSE: SAFE), operating through its
wholly-owned subsidiary, 3Sixty Secure Corp., recently announced the completion of its reverse merger to go public on the
Canadian Securities Exchange (CSE). On January 8, the company began trading under the aptly-named ticker symbol “SAFE.” The company
will become one of the only pure-plays in the cannabis security and the largest Canadian provider of security services to companies
like Canopy Growth Corp.
In this article, we will take a closer look at the cannabis security industry and why 3 Sixty Risk Solutions represents a
compelling opportunity in the space.
Cannabis Security Market
The cannabis industry is expected to generate more than $194 billion in revenue over the coming years, according to the Bank of
Montreal, driven by the legalization of adult-use cannabis in Canada, several U.S. states, and a growing number of countries
worldwide. There are many different subsets of the cannabis industry, including various ancillary businesses, but few have become
as important as security.
The U.S. cannabis industry has experienced the greatest challenge with security given the lack of federal level legalization.
Without access to formal banking, many dispensaries and cultivators have been forced to keep high amounts of cash on hand. The high
amount of cash and valuable inventory on hand makes these companies a natural target for criminals compared to many other types of
businesses.
In Canada, the need for security is driven much more by regulation than outright necessity. Licensed producers that fail to
maintain adequate security standards risk losing their licenses or experiencing other penalties that could harm their businesses.
The rapid growth in square footage and lack of experienced labor also means that businesses must take extra precautions to ensure
that their employees can be trusted.
Becoming a Market Leader
Thomas Gerstenecker founded 3 Sixty Secure Corp. after spending 25 years in the international security industry,
including a stint as Chief of Security for the United Nations and as a member of Canada’s special forces. After joining forces with
David Hyde, a former Security Chief for a multibillion dollar corporation, the two created one of Canada’s largest and most
prolific cannabis security firms.
3 Sixty Secure Corp. serves more than 60 Canadian licensed producers and more than 500 customers, including industry leaders
like Canopy Growth. With over 250 employees and 60 vehicles, the company provides a combined security footprint to approximately 30
million square feet of patrolled area. These figures make it one of the largest Canadian cannabis security firms—and the largest
publicly-traded cannabis security firm by clients.
In addition to its exceptional management team, the company has an experienced board of directors to help guide its growth.
Gaetan Lussier, a Deputy Minister in the Government of Canada, will serve as Chairman of the Board. He will be joined by Vernon
White, a Canadian Senator and former Chief Police of Ottawa; Igor Gimelshtein, former CFO of MedReleaf; and Nancy Croitoru, a
former CEO of Food & Consumer Products of Canada.
Looking Ahead
3 Sixty Risk Solutions Ltd. (CSE: SAFE) represents a compelling pure-play in the Canadian cannabis security space. With its
recent reverse merger complete, investors can buy into the company as a way to diversify their cannabis portfolios with a
relatively safe bet on the need for security services. The company could also see ongoing growth as it expands its operations into
consulting and other high-margin areas.
For more information, visit the company’s website at www.3sixtysecure.com.
Disclaimer
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create
awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer
For more information, visit the company’s website at: www.3sixtysecure.com
Please follow this link to read the full article: http://www.cannabisfn.com/3-sixty-secure-c…annabis-security/
About CFN Media
CFN Media (CannabisFN) is the leading agency and financial media network dedicated to the global cannabis industry, helps
companies operating in the space attract investors, capital, and publicity. Since 2013, private and public cannabis companies in
the US and Canada have relied on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your
iPhone: http://www.cannabisfn.com
Disclaimer
CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own
independent legal, tax, and/or investment professionals before making any investment decisions. The information provided
on http://www.cannabisfn.com (the ‘Site’) is either original financial news or paid
advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm
enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other
editorials for advertising such companies. We are not an independent news media provider. We make no warranty or
representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly
and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As
such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted.
CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along
with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create
awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
Frank Lane
206-369-7050
flane@cannabisfn.com
![cfn_tweakedspacing.jpg](https://resource.globenewswire.com/media/b293fda7-447a-4d9a-a689-e453aced5ef3/small/cfn-tweakedspacing-jpg.jpg)
![](http://www.globenewswire.com/newsroom/ti?ndecode=NzA2NDAjNzQ3NTc1Mg==)