Homeland Security Corporation Submits Consultant Proposal on Washington State's Marijuana Initiative 502
March 05 2013 - 8:32AM
Marketwired
Homeland Security Corporation (PINKSHEETS: HSCC) announced that it
has submitted a comprehensive proposal to the Washington State
Liquor Control Board (WSLCB). The categories encompass Product
Knowledge, Quality standards and Testing, Usage and consumption,
and Product regulation. The projected value could reach $2 Million
over a 2 year period. The State of Washington is looking for
consultants to help it develop a legal marijuana program as part of
the statewide Initiative 502 that was passed by voters last fall.
The mandate for the regulatory side of the program will fall under
the control of the WA State Liquor Control Board (WSLCB). I-502
calls for the entire legal/regulatory system to be in place by
December of 2013. HSC plans to use the legalization model it and a
team of consultants developed in Colorado, refine it, expand it and
adapt it to each state that plans to go through legalization
process.
One of the company's consultants, Gordon Fagras, attended the
Washington marijuana legalization meeting held in Tacoma earlier
last month. A news video is featured on KIRO 7 News in Seattle and
can be viewed on the company's main Website.
Dave Shade said, "HSC is working alongside an accomplished team
of industry consultants, producers, laboratories, suppliers and
even a marketing and consulting group. These are driven, intensely
goal oriented individuals that take 'think outside the box' to a
whole new level. We are able to draw upon a network of experts from
many different fields beyond our normal scope, broadening the
potential and reach of HSC. This integrated and expanded team
effort will greatly benefit HSC and its shareholders not only for
this initial proposal but for additional States passing this type
of legislation."
Included in this release are certain "forward-looking"
statements, involving risks and uncertainties, which are covered by
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, along with statements regarding Homeland's
performance. Such statements are based on management's current
expectations and are subject to certain factors, risks and
uncertainties that may cause actual results, events and performance
to differ materially from those anticipated.
Contact: Homeland Security Corporation David L. Shade
877-931-1999 Email Contact
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