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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