Cannabis Industry Deals with Strict Laws & Regulations For Security & Surveillance Operations for Cannabis Facilities – Company Receives New Comprehensive Installation Project
CORAL SPRINGS, Florida, October 6, 2015 /PRNewswire/ —
The cannabis and legal marijuana industry continues to expand as more and more states come online with some level of the industry’s operations. Newest improvements in grow operations, security advancements and product studies & announcements, Companies in focus with recent developments in the segment are DirectView Holdings, Inc. (OTC: DIRV), Medical Marijuana, Inc.(OTC: MJNA), American Green, Inc. (OTC: ERBB), Cannabis Science, Inc. (OTC: CBIS) & Hemp, Inc. (OTC: HEMP)
DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that it has received a contract to complete a comprehensive security and surveillance installation at a Colorado cannabis facility, including a large grow house, two dispensaries and management offices valued at approximately $150,000.00. The Company expects to complete installation in the fourth quarter of 2015. The full installation is expected to be completed in the fourth quarter and will include the DirectView IP megapixel security cameras, DirectView’s NVR video and audio storage server as well as a access controls and a comprehensive intrusion alarm system. The Company will also receive recurring revenue from an ongoing services contract to provide 24/7 alarm monitoring of the entire facility. The contract was derived from the Company’s ongoing strategic partnership agreement with Cannamor, LLC (“Cannamor”), a privately held Colorado based consulting company focused on legal cannabis growing and dispensing projects.
Read the full DIRV Press Release at http://www.financialnewsmedia.com/profiles/dirv.html
Roger Ralston, CEO and Chairman of DirectView, stated, “We are excited to win another comprehensive cannabis installation as part of our exclusive security partnership with Cannamor. We continue to solidify our position as a trusted source for the security needs of the Cannabis industry enabling us to win larger installation contracts like this one. We are also beginning to gain traction in ongoing alarm monitoring services which can provide and important source of future recurring revenue. The cannabis industry continues to grow and we intend to work diligently to build on our momentum in Colorado and other geographic regions in the country.”
In other industry news and developments: MJNA reported in a highly competitive and growing field of security services companies supporting the U.S. legal cannabis industry, Medical Marijuana, Inc.’s (OTC: MJNA) subsidiary, Wellness Managed Services’ MPS International (MPSI), rose above the rest. MPSI is proud to announce that it has been selected as the event security services provider to the National Cannabis Summit held at the Sheraton Downtown Denver October 12th – 13th at 1550 Court Pl, Denver, CO 80202. According to the National Cannabis Summit website, the event combines three networking groups into one and provides businesses a distinct advantage by uniting business owners from around the country. The event is being held at the epicenter of the legalized cannabis movement: Denver, Colorado. In addition to the stringent requirements of event venues, cannabis security is a rapidly growing industry for growers and retailers; all must comply with state and local government mandates. MPSI is no stranger to providing security services at historic events that include Seattle Hempfest and Denver’s “420” events.
American Green, Inc. (OTC: ERBB) announced last week that it has finalized the Joint Venture Agreement with Calyptic LLC of Grants Pass, Oregon and will begin offering high-quality cannabis brands, under license with American Green, through authorized channels in the State of Oregon. The outdoor harvest in Oregon began this past Sunday under the glow of the blood moon followed by the full lunar eclipse with the moon also closer to earth than at any time this year. Add to that, the fact that it was the second full moon of the month, making for truly perfect conditions for an outdoor marijuana harvest. “We were inspired,” said Aaron Hathaway-Neel, Calyptic partner. “It was a memorable way to start off the harvest and we won’t likely experience this again.”
Cannabis Science, Inc. (OTC: CBIS), a U.S. Company specializing in cannabis-based pharmaceutical development, is ramping up its formal and informal Cancer studies in response to the National Cancer Institute initiatives to help save millions of preventable deaths each year by raising its Cancer Studies awareness and education about cancer. The Company is focused on persuading governments and individuals across the world to expand their preventive and therapeutic actions against Cancer and other critical ailments. Cannabis Science is highly motivated to accelerate the pace of its cancer drug development studies and is ramping up its new products distribution to the California market immediately through additional product releases and additional licensing deals in each state-by-state regulated market and its formal FDA initiatives.
Hemp, Inc. (OTC: HEMP) reported Senate Bill 313 passed the House on September 28, 2015 (with a vote of 101 to 7) and the Senate on September 29, 2015 (with a vote of 42 to 2) in favor of the proposed Industrial Hemp legislation in North Carolina. According to the North Carolina Industrial Hemp Association (NCIHA), “this legislation will authorize an industrial hemp pilot program within the state of North Carolina and establish the Industrial Hemp Commission (IHC) to be followed by pilot program participants.” IHC will implement the university research program. Passed by both the House and the Senate, Industrial Hemp Senate Bill 313 awaits final approval from Governor Pat McCory. If approved by the Governor, the state will then establish its Industrial Hemp Commission to oversee the pilot program. This commission, reportedly, will work with the North Carolina Industrial Hemp Association (NCIHA) of which David Schmitt, COO of Hemp, Inc.’s (OTC: HEMP) subsidiary Industrial Hemp Manufacturing, LLC in Spring Hope, NC, is on the Board of Directors.
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