Cannabis Security Company Sales up 85% in 12 Months

I wrote about a cannabis security company this week for Cannabis Stock Trades. This little-known company headquartered in Colorado is making a name for itself providing a portfolio of security services to the cannabis industry. The CEO has a military background building and deploying sophisticated security systems all across the world. This is the edgy side of the legal cannabis industry. Enjoy! – Mike

Due to restrictive federal banking regulations, cannabis dispensaries are known to operate with large amounts of cash.

Copious amounts of cash have attracted criminal activity to the industry.

For example, in 2016 a security guard at a Colorado dispensary was killed.

In late summer 2017, a cannabis dispensary in San Fransisco was robbed of $600,000 in cannabis products.

Police say these kind of robberies are becoming more common.

If you poke around on the Internet, you will find hundreds of stories about criminals targeting cannabis dispensaries for cash and product.

Until the US cannabis industry is free from these restrictive federal banking regulations, cannabis dispensaries remain as hot targets for criminals.

While this is a speed bump in the long-term growth potential of the US cannabis industry, it’s also creating a significant opportunity for a former military security specialist and his promising security company.

This little-known security company offers a portfolio of customized security solutions to the cannabis industry.

85% Jump in Sales for Cannabis Security Company – HLIX

Disclaimer: This report is for entertainment purposes only. Every investor should consult with an investment advisor before making investment decisions. The Vodicka Group, Inc. is not a broker/dealer. We do not receive compensation for mentioning stocks. At various times, the clients, publishers and employees of Vodicka Group, Inc., may buy or sell the securities discussed for purposes of investment or trading.

ABOUT THE AUTHOR

Michael Vodicka

Michael Vodicka is the president and founder of the Vodicka Group Inc., a licensed investment advisor (Series 65) and a financial journalist.