Major Expansion in the Cannabis Space Triggers Security and Surveillance Demand Increase

Date : 05/02/2019 @ 1:30PM
Source :InvestorsHub NewsWire
Stock : Directview Holdings, Inc. (PC) (DIRV)
Quote : 0.19  -0.02 (-9.52%) @ 8:51PM

Major Expansion in the Cannabis Space Triggers Security and Surveillance Demand Increase

Major Expansion in the Cannabis Space Triggers Security and Surveillance Demand Increase

 

New York, NY -- May 2, 2019 -- InvestorsHub NewsWire -- Stock Market Press -- Explosive growth continues in the Cannabis space. This growth rate is only expected to increase as more states in the USA and more countries across the world warm up to cannabis. This includes both marijuana and hemp plant varieties, something that in the USA was previously marked as Schedule 1 by the FDA but has seen some easing of restrictions with the recent passage of the Farm Bill, allowing for Hemp/CBD to be removed from the Schedule 1 classification.

Along with the easing of restrictions, an increase in security and surveillance has been required by the various governing bodies in the USA as well as other countries. As the Cannabis industry grows, companies like DirectView Holdings, Inc. (OTC: DIRV) are seeing a significant increase in business, specifically when related to cannabis cultivation, processing and sales. Providing a turnkey security-surveillance solution for all companies, big and small, in the cannabis industry goes hand in hand with the ability of the industry to flourish. Yesterday they announced plans to expand with a new location, to meet this growing demand, as a central hub for everything from inventory and training to showroom, call center and more.

DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that it plans to address certain requirements by leasing a new multipurpose facility in the Dallas, Texas area. The new facility is planned to contain a showroom for customers, a training facility for clients and employees, a call center for technical support and sales, a distribution office, warehouse space for inventory and shipping, and additional sales and management offices. The recent growth of DirectView and its subsidiaries is attributed to the need for a larger, more complex facility.

As noted in DirectView’s press release on March 11th, 2018 (DirectView Enters Smart Home Market with Google Home, Nest, & Amazon Ring Products), the Company’s wholly-owned subsidiary, ApexCCTV.com, recorded an increase in orders and revenue of 172% and 185%, respectively. Total traffic to the ecommerce website increased by 43%, and the Company has recently added roughly 1,000 new products, including Google (GOOG) Home, Nest, and Amazon (AMZN) Ring products, further attributing to the need for more warehouse space.

Having concluded a record year of sales growth and customer headcount, DirectView’s investment in a new facility will provide space for training employees and also provide a traning center for clients and office space to provide pre and post installation support. The new facility is anticipated to host a state-of-the-art showroom demonstrating its various security, surveillance, and access control systems to new clients. Warehouse space will be reserved to ensure product availability and space for order fulfillment will ensure timely delivery of products.

Read more on this and other press releases by DirectView Holdings, Inc. (OTC: DIRV) at: https://finance.yahoo.com/quote/DIRV . More information on DirectView Holdings, Inc., (OTC: DIRV) can be found on their website. (https://www.directview.com)

Expansion in the sector is being driven by a multitude of things, including: existing company acquisitions, client growth, easing of marijuana & hemp restrictions, property acquisitions and more. Some of the recent news in the cannabis sector shows just how quickly things are moving:

Marijuana Company Of America Inc. (“MCOA” or the “Company”) (OTCQB: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that the Company has officially acquired a 20% ownership interest in Natural Plant Extract of California (NPE).

Under the terms of the agreement, Marijuana Company of America has committed to contribute $2,000,000 in total cash to the project, as well as common shares of the Company with a value of $1,000,000. In exchange, the Company will own a 20% equity position in NPE. In addition, MCOA and NPE have also officially signed a Joint Venture Agreement (JV) to establish Viva Buds as a premier cannabis delivery company. Both NPE and MCOA will share in the profits on a fifty-fifty basis.

Viva Buds Inc. will serve as the marketing arm for NPE subsidiary Northern Lights Distribution’s (NLD) new retail cannabis delivery service in California, first starting with delivery services to Los Angeles County and then rolling out to other major cities throughout the state. NLD will contribute up to $300,000 in inventory of cannabis products to assist in the start-up of this venture, and MCOA will provide a vast array of marketing services and technology to promote and build its Viva Buds brand.

NPE owns both state and city licenses for volatile manufacturing, distribution and retail delivery of cannabis products. NPE will manage all operations pertaining to distribution, manufacturing and delivery of cannabis products, and MCOA will provide capital, consulting and marketing services. NPE is currently operating as a distributor and is completing the build-out of its manufacturing facility, which is expected to be completed and fully operational in August 2019.

More information on Marijuana Companies of America can be found here: https://finance.yahoo.com/quote/MCOA?p=MCOA

Kona Gold Solutions, Inc. (OTC: KGKG), a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, is pleased to announce it has partnered with sixteen new distributors within the last thirty days. These new distribution partners are located in California, Idaho, Indiana, Kentucky, Louisiana, Minnesota, Nevada, New Mexico, New York, Oklahoma, Texas, Virginia, Washington, and Wisconsin. With its Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters, the Company continues to grow its market share in the hemp and CBD infused beverage sector by adding new distribution partners, further solidifying itself as a leader in its market. Kona Gold currently has distribution partners in 24 states.

Kona Gold announced earlier this month it has begun production of its new exciting flavors for both its Hemp Energy Drink and CBD Energy Water product lines. These new Kona Gold Hemp Energy Drink flavors include Bubble Gum and Candy Apple, while the new HighDrate CBD Energy Waters include Sour Apple and Blue Island Punch. All new flavors are expected to hit the market by mid to late May.

Read all the Kona Gold press releases here: https://finance.yahoo.com/quote/KGKG?p=KGKG&.tsrc=fin-srch

Amfil Technologies Inc. (USOTC: AMFE), is pleased to announce that the GRO3 subsidiary has received two purchase orders for its ozone-based antimicrobial technologies from Vessl Inc., the owners of Kalvara, for use in their cannabis-infused beverage production facilities.

These purchase orders extend from the Nov 5th, 2018 announcement where GRO3 entered into an exclusive supply agreement with Vessl Inc. and signed an LOI to provide an estimated (8) EcoPrO3 Antimicrobial Systems in 2019.

GRO3 will be supplying EcoPrO3-10SS Ozone Side Stream Systems, which will be integrated into the facilities for the purposes of providing an all-natural sanitization and anti-microbial solution throughout the production process. The EcoPrO3-10SS exclusively utilizes aqueous functionality compared to the EcoPrO3 GRO3 60 system which utilizes an aqueous and gaseous combination. The EcoPrO3-10SS for Kalvara will process all liquids in the formulations prior to their products being prepared and packaged for the end-user.

The GRO3 Team is excited to be working with Vessl Inc. (Kalvara) and is committed to work closely with them to ensure the system integration is completed smoothly, and that the systems remain operating at maximum efficiency and efficacy moving forward. These orders are expected to be the beginning of an on-going relationship and additional purchase orders are anticipated in the near future.

About Kalvara:

Kalvara is a provider of innovative and high-quality cannabis beverages that are environmentally friendly and free of chemicals, calories, sugar, and preservatives. Kalvara Single and Kalvara Eco four-pack are infused drinks offering an easier, cleaner and more consistent cannabis consumption method. Kalvara uses a proprietary nano-emulsification process that allows a rapid onset delivery of a precise dose of water-soluble THC to the bloodstream, avoiding problems associated with other edibles.

Read more about Kalvara and Amfil Technologies at: https://finance.yahoo.com/quote/AMFE?p=AMFE&.tsrc=fin-srch

The Cannabis Conference 2019 shed light on the fact that companies are concerned about the security-surveillance requirements which vary by state/country. Meeting these needs is critical to success, let alone growth, of any company in the cannabis space. Spot inspections are commonplace and knowing they have a dedicated security-surveillance team in place, allows these companies to focus on cultivation and those specific requirements, without the headaches added by monitoring security equipment, data storage, etc. Some states, like Pennsylvania, require 2 years worth of video surveillance archiving. Staying ahead of the regulators and inspectors is paramount to growth of the industry. As a result, companies like DirectView Holdings, Inc. (OTC: DIRV) can alleviate the security-surveillance headaches and they can focus on CBD/THC cultivation/production/sales.

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