SOURCE: Canna Security America

Canna Security America

March 17, 2016 12:05 ET

Jane Announces Canna Security America (CSA) as Their Preferred Vendor for Cash Transport to Further Enhance Security and Compliance for Cannabis Retailers

DENVER, CO--(Marketwired - Mar 17, 2016) - Jane, the cash management kiosk solution for cannabis retailers, announced a strategic partnership with Canna Security America (CSA) (OTCQB: CSAX), to provide armored cash pick up and transport services to Jane's medical and recreational dispensary clients.

One of the key benefits of the Jane solution is the security it provides cannabis retailers. All transactions taking place through Jane are protected in a casino-grade internal cash vault behind the heavy-duty steel construction of the kiosk -- drastically reducing the potential for internal theft, human error or robbery.

Additionally, Jane's real-time transaction reporting provides the transparency needed to remain compliant in the most complex legal and regulatory environment in the history of retail. Jane's reporting capabilities provide tracking, down to the penny, of every transaction that takes place through Jane -- regardless if you have one dispensary or one hundred. This gives dispensary owners not only the data to better manage their business but also the accounting to prevent costly fines or shutdowns.

The collaboration with CSA will increase the level of protection, accountability and traceability of a dispensary's cash with secure and discrete cash transport. Jane clients can now move their cash in fully up-armored vehicles by highly trained armed personnel with law enforcement and military experience.

"We are excited to partner with Canna Security America (CSA) and further expand our offering to dispensary owners," commented Jane's CEO David Ellerstein. "The combination of Jane and CSA will better protect the dispensary's cash and provide the clear chain of custody required by accountants, regulators, investors and banks."

Canna Security America's (CSA) physical security division, The Cloverton Group, is the only armored transport provider that is a compliance intermediary by utilizing advanced technologies that define complete traceability. With four HD cameras in every up-armored Mercedes Sprinter van and law enforcement grade body cameras worn by all guards, a client's cash is never out of view of HD video. CSA's COO Tom Siciliano said, "All of this technology and traceability is ideal for the partnership with Jane. The client will experience simplified, seamless and compliant cash management, all of which is very necessary in the industry."

In response to the need for legitimate banking services, Jane recently launched its Triple Play program. The Triple Play combines Jane with cash transport and legitimate banking services with an insured and compliant financial institution. This solves one of the dispensary owners' biggest challenges so they can focus on growing their business and servicing their customers.

About Canna Security America (CSA) (OTCQB: CSAX)

As the national leading cannabis security firm since 2009, CSA, headquartered in Denver, CO., knows where risk points exist for cannabis businesses, and how to tailor services to ensure maximum loss prevention and legal compliance. By assisting Colorado regulators in drafting the security requirements, CSA was has been a pioneer in the industry since the beginning and is now assisting numerous states with their cannabis security compliance and regulations.

In 2015, CSA announced the release of their physical security solutions division, The Cloverton Group, offering armored transport, onsite guards, banking assistance, and employee background checks. A new fleet of clandestine Mercedes-Benz Sprinter vehicles have been up-armored with the latest bullet-resistant technology, are GPS tracked, and equipped with the a 4-point camera system that transmits live streaming footage to the command center at HQ. This guarantees total traceability from pickup to drop-off and has become the standard for high-level banking compliance within the cannabis industry.

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About Jane(SM)

At Jane we understand the many banking, operational and regulatory challenges facing cannabis retailers. Our mission is to empower cannabis retailers with the tools to grow their business in a secure, compliant and efficient manner while fulfilling the desire of today's consumers for greater control over their shopping experience. The Jane kiosk is a cash management solution for legal medical and recreational cannabis dispensaries. Jane was developed by a team with over 100 years of combined experience in payments, banking, kiosks and cannabis, who are laser focused on driving measurable results for dispensary owners.

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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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