View Systems Joint Ventures With Hemp, Inc. to Protect Marijuana Dispensary Outlets
May 28 2014 - 9:15AM
Marketwired
View Systems Joint Ventures With Hemp, Inc. to Protect Marijuana
Dispensary Outlets
BALTIMORE, MD--(Marketwired - May 28, 2014) - View Systems, Inc.
(OTCBB: VSYM), a leading Baltimore-based manufacturer and provider
of integrated weapons detection systems, today announced the
signing of an agreement with Hemp, Inc. (PINKSHEETS: HEMP), whereby
Hemp will provide product distribution, professional sales and
marketing services, and sales representation services for the
View-Scan product line to the rapidly growing Marijuana dispensary
market that has swept through Colorado, Washington state,
California, Arizona and Nevada, to name a few.
"View Systems manufactures the leading mid-priced,
video-capture, pedestrian entry weapons detection system that is
known for its reliability, accuracy and ease of use," Bruce
Perlowin, CEO of Hemp, Inc. (PINKSHEETS: HEMP) said. "Most people
don't understand that this is a cash business and many of the
business methodologies are still being developed -- but anytime you
have cash walking in and out of a public storefront, you have a
primary, A-1 target for crime. The View Scan System, with
detection and remote view recording is precisely what this business
ordered -- and none too soon."
NBC News reported, "Everyone in the industry is having
nightmares," says Michael Elliott, executive director of the
Marijuana Industry Group, a powerful young lobby in Colorado. "You
hit a 7-Eleven, you'll get 20 bucks. You hit a dispensary, you'll
get $300,000 on a good day," adds Mitch Morrissey, District
Attorney for Denver. "It's only a matter of time before someone
gets shot."
http://www.nbcnews.com/storyline/legal-pot/high-crimes-robber-gangs-terrorize-colorado-pot-shops-n20111
Hemp, Inc.'s wholly owned subsidiary, The Industrial Hemp and
Medical Marijuana Consulting Company, Inc. (IHMMCC) will undertake
to sell and distribute the View-Scan technology units in the
Colorado and Washington State markets. The agreement initially
earmarks 480 View-Scan units to Hemp, Inc. for sales and
distribution efforts in the Colorado, Washington, California,
Arizona, and Nevada dispensary markets, which are growing at a
blistering pace.
This represents the sixth sales and/or distribution agreement
that View has inked this year in a push to make certain that the
View-Scan product line is available from coast to
coast. However, this is the first such agreement that directly
targets the ballooning marijuana dispensary market in any
capacity. It is also the first such agreement that sets aside
a set number of View-Scan units to meet the surging demand for
continuous business operations protection. "View Systems
combines the demand for a superior level of protection at an
affordable price and convenient ease of use," said Gunther Than,
CEO of View System, Inc. "We look forward to working with
Hemp, Inc. and we respect their knowledge and grasp of this
emerging market."
About View Systems: View Systems, Inc. is a fully reporting
OTC.BB company that designs, manufactures and installs weapons
detection systems combined with video management
platforms, on-line monitoring and Alarm and Fire
communications networks.
More information can be found at www.viewsystems.com
ABOUT Hemp, INC. (PINKSHEETS: HEMP) Hemp, Inc. (PINKSHEETS:
HEMP) focuses on the vast market created by the quickly emerging,
and growing, multibillion dollar industrial hemp industry. Hemp,
Inc. (PINKSHEETS: HEMP) is not currently involved in the
cultivation or marketing of medical cannabis -- not yet.
(www.hempinc.com) Watch Bruce Perlowin on Bloomberg TV.
ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA CONSULTING
COMPANY, INC. The Industrial Hemp and Medical Marijuana Consulting
Company (IHMMCC) is a wholly owned subsidiary of Hemp, Inc.
(PINKSHEETS: HEMP) that pulls industry information from a vast
network of specialists. IHMMCC is entrenched in all the
multi-faceted opportunities in the medical marijuana and Industrial
Hemp industry. (www.HempInc.com) Executives of IHMMCC are
interviewing an additional 14 companies and expect considerably
more to sign up with this network of companies in the coming weeks,
and months.
Forward-Looking Statements: This press release contains certain
forward-looking statements. Investors are cautioned that certain
statements in this release are "forward-looking statements" and
involve both known and unknown risks, uncertainties and other
factors. Such uncertainties include, among others, certain risks
associated with the operation of the company described above. The
Company's actual results could differ materially from expected
results.
View Systems (CE) (USOTC:VSYM)
Historical Stock Chart
From Jul 2024 to Aug 2024
View Systems (CE) (USOTC:VSYM)
Historical Stock Chart
From Aug 2023 to Aug 2024