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3 Sixty Secure enters U.S. cannabis market


July 16, 2019
By SP&T Staff
SP&T Staff

ALMONTE, Ont. — 3 Sixty Risk Solutions Ltd. which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., has announced that it is providing security services in the U.S. cannabis market.

3 Sixty says it has secured applicable licenses, facilities and office space in the state of Nevada which is facilitating the delivery of a full suite of security services: security consulting, protective guarding and security management services.

According to 3 Sixty, it is already providing security services to multiple cannabis dispensaries and will begin providing security services to 1933 Industries Inc. commencing in July 2019.

“Entering the U.S. cannabis market has been a strategic priority for us,” said Thomas Gerstenecker, CEO and Founder of 3 Sixty, in a prepared statement. “We are pleased that since going public we have meaningfully grown our Canadian business and we have established international operations in the U.S. We have hired a director of protective services and established banking relationships in the state of Nevada to support cultivators and dispensaries. There is a large financial opportunity in Nevada, and we believe that this expansion, predicated on our successful model in Canada, will serve as a launchpad for 3 Sixty’s growth ambitions in the U.S.”

“We are excited to be working with industry leaders like 1933 Industries, one of the largest cannabis companies operating in Nevada,” Gerstenecker continued. “1933 Industries is progressing with plans to launch one of Nevada’s largest hemp extraction facilities to become a major player in the CBD (cannabinoid) industry and we look forward to serving them and other leaders in Nevada with world-class security services.”