SOURCE: Canna Security America

Canna Security America

April 14, 2016 10:12 ET

Canna Security America (CSA) Increasing Their Market Share as the National Security Solutions Provider for the Cannabis Industry

DENVER, CO--(Marketwired - Apr 14, 2016) -  Canna Security America (CSA) (OTCQB: CSAX) is the established security solutions provider in the cannabis industry, with the largest market share, and is the dominant player in the space since 2009.

In the last year alone, legal marijuana has emerged as the fastest growing industry in the United States. Cannabis sales are projected to hit $5.4 billion in 2016, and have the potential to reach $22 billion by the year 2020 based on current growth rates.

CSA has begun trading on the OTC Markets under the ticker symbol CSAX, as a fully reporting, Exchange Act, Bulletin Board Company and recently posted a 17% growth in revenues 1st Quarter 2016, over 1st Quarter 2015, showing our shareholders consistent growth in their investment in the public markets.

"With the recent addition of The Cloverton Group, the physical security division of CSA, which provides armored vehicles, armed guards, and banking solutions, CSA has become the only vertically-integrated security solutions provider in the industry, offering the most comprehensive suite of services: from license application, to system installation, to guard services, and transport," stated, Tom Siciliano, Chief Operating Officer for CSA

CSA maintains the largest market share in the cannabis market, nationwide, with over 500 facilities installed and maintained and is aggressively expanding beyond the 15 states currently serviced. They have made strategic partnerships with such companies as Dixie Elixirs, Ms. Mary's Staffing, Kind Financial, C4everSystems, Guardian Data Systems, and many others while continuing to provide unique banking solutions needed in this space.

Being featured by such media as The New York Times, Entrepreneur Magazine, CNN Money, Fast Company Magazine, Bloomberg, Fox Business News and more, they maintain their presence as the predominant leader in this field. Their services are in high demand providing service to the largest events in the cannabis industry such as CannaCon, Denver 420, The Cannabis Investor Summit, and the X Games.

Legislators in Washington, Colorado, and New York have asked CSA to assist in creating security compliance regulations for their states while working with such groups as F.O.C.U.S. to help to create national regulations for consideration for the federal government. CSA has also been requested to consult with several countries considering cannabis legalization including Jamaica, Australia, and Spain.

Please visit www.cannasecurity.com for more information.

About Canna Security America (CSA)

Since 2009, Canna Security America (CSA) has provided the most comprehensive security solutions offering to the cannabis industry understanding the specific needs of this market due to strict state-by-state regulations and licensing restrictions. CSA often consults with state officials regarding security regulation structures as they did with Colorado State in 2010.

With over 500 permitted facilities having Canna Security America (CSA) security systems installed across multiple states, all achieving a 100% licensing approval rating, Canna Security America (CSA) is recognized as the gold-standard in security services and technology for the cannabis industry. As a national leading security firm, CSA knows where risk points exist for cannabis businesses, and how to tailor services to ensure maximum loss prevention and legal compliance. As security industry experts headquartered in Denver Colorado, CSA has expanded its operations to serve the increasing number of state licensed cannabis cultivators, processors, infused products manufacturers, and retailers in the United States. By assisting Colorado regulators in drafting the security requirements in 2009, CSA was also able to also seamlessly enter the Washington market and position itself as the first comprehensive national security solutions provider for the cannabis industry.

For more information please visit HTTP://WWW.CANNASECURITY.COM.

The Cloverton Group: A division of CSA

In 2015, CSA announced the release of their new physical security solutions division, The Cloverton Group, offering armored transport, armed and unarmed guards, comprehensive background checks, and risk management services. The Cloverton Group's guards are fully licensed and insured, and have a law enforcement or military background. Their new fleet of Mercedes-Benz Sprinter vehicles have been up-armored with the latest bullet-resistant technology, are GPS tracked, and equipped with a 4-point camera system that transmits live streaming footage to their command center. This guarantees total traceability from pickup to drop-off and has become the standard for high-level banking compliance within the cannabis industry.

Forward-Looking Statements

The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.

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Contact Information

  • Canna Security America
    Investor Relations:
    Tom Siciliano
    Chief Operating Officer
    720-573-4484