Harvest One Selects 3 Sixty Secure Corp. to Provide Secure Transport, Secure Cannabis Storage and Retail Delivery Services
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ALMONTE, ON, March 19, 2019 /CNW/ - 3 Sixty Risk Solutions Ltd. ("3 Sixty" or the "Company") (CSE: SAFE) (FSE: 62P2) is pleased to announce that the Company, which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., has been selected by Harvest One Cannabis Inc. ("Harvest One") (TSX-V: HVT) (OTCQX: HRVOF) to provide a portfolio of security services which include secure transport, secure cannabis storage and retail deliveries. Harvest One has a global portfolio of brands including United Greeneries, Satipharm, Dream Water, and Burb that serves the adult recreational and medical cannabis markets from cultivation to retail distribution. The global footprint of Harvest One, with a presence in five countries, aligns with 3 Sixty's strategic goals of realizing significant organic growth and accelerating growth using M&A to expand operations within Canada, the United States of America and internationally.
Harvest One is a tremendous example of a company serving the full spectrum of customer needs from cultivation to production to retail distribution of top-quality products,
said Thomas Gerstenecker, CEO and Founder of 3 Sixty.
It is led by expert growers, brilliant engineers and creative entrepreneurs and it has announced supply agreements in Ontario, British Columbia, Manitoba and Saskatchewan. We look forward to supporting Harvest One as it expands its cultivation footprint and retail distribution network in Canada and internationally.
We consider 3 Sixty to be a leading seed-to-sale security provider serving the cannabis industry,
said Grant Froese, CEO of Harvest One.
We have consistently experienced their commitment to professionalism and deep expertise in security. As the legal cannabis industry grows in Canada, and internationally, we feel confident that the world-class security services provided by 3 Sixty will ensure the safety of our products and the timely distribution to our retail partners across Canada.
3 Sixty Risk Solutions Ltd., operating through its wholly-owned subsidiary, 3 Sixty Secure Corp., is one of Canada'sleading security service providers to the cannabis sector, transporting approximately $250 million of product every month. 3 Sixty provides cannabis security consulting, guarding and secure transport security services to more than 500 customers and more than 60 licensed cannabis producers, including some of the world's largest, such as licensed producers owned by Canopy Growth Corporation. 3 Sixty has a staff of over 275 employees and employs a fleet of over 60 vehicles, which management believes provides a combined security footprint to approximately 30 million square feet of patrolled area.
Harvest One is a global cannabis house of brands that develops and provides innovative health, wellness, and self care products to consumers and patients in regulated markets around the world. The Company's range of products are designed to enhance quality of life. Shareholders have significant exposure to the entire cannabis value chain through three wholly-owned subsidiaries: United Greeneries, a Licensed Producer; Satipharm (medical and nutraceutical); and Dream Water Global (consumer). For more information, please visit www.harvestone.com.
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the business and operations of 3 Sixty. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, 3 Sixty assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.