Yahoo Finance Homeland Security Corp. Enters the Legal Marijuana Industry
Homeland Security Corp. (OTCPINK:HSCC - News) announced that the Newport Beach, Calif.-based security firm has entered into an agreement to join Green Rush Alliance (GRA) to expand legal marijuana sales opportunities, and has launched a new HD Security Solution for the industry.
Homeland Security has joined the Green Rush Alliance as the security system designer, equipment supplier, and security/compliance consultant for the group. The company will be included in the GRA website, marketing campaigns, events, promotions and materials and will benefit from recommendations (cross promotions) made to current and prospective MJ clients by Alliance members to meet security, alarm and access control needs.
Todd Kaplan, founding member (GRA), said, "We are excited to welcome HSC Surveillance into the organization. We believe their experience and services will be key to providing compliance solutions in all the 'legal' States, and will strengthen the alliance as a whole."
Based on increasing security risks in the marijuana industry, HSC Surveillance engineers have recently introduced new Hi-definition "plug and play" digital security products directly focused on the protection of MJ facilities. These compliance video/audio systems are easily integrated with point of sale, alarm, access control, and biometric identification platforms and will be baseline of a new cost effective and comprehensive security solution for the industry. The new systems are designed based on experience working with Dispensary and Retail operations.
More Disclosure Would Be Nice
While this all sounds good, it would have been nice if Homeland Security would have offer more specifics and projections of estimated sales.
On Apr. 8, HSCC’s share price closed at 0.032 cents, down 0.003 cents from its closing price of 0.035 cents the previous day.
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MediSwipe Purchases 80 Acres to Lease Back To Medical Marijuana Dispensaries
Meanwhile, MediSwipe Inc. (OTCQB:MWIP - News) recently announced that the it had purchased and proposed lease back of 80 acres zoned for agricultural use in Pueblo County, Colorado.
As part of the purchase and Joint Venture Agreement, The Detroit-based company that provides payment solutions to licensed medical marijuana dispensaries will hold deed and title to the property within its wholly owned subsidiary, Agritech Venture Holdings Inc. and will maintain the exclusive Master Lessor rights for ninety-nine years.
The exclusive agreement will enable the MediSwipe to sublease individual parcels of the 80 acre parcel to fully-licensed and compliant growers and dispensaries within the regulated medicinal and recreational market on behalf of the entire state of Colorado.
MediSwipe will receive rents and management fees on providing infrastructure, water, electricity, equipment leasing and security services. The 80 acre greenhouse and managed facility once completed will be the largest managed facility of its kind within the state.
On Apr. 8, MWIP share price closed at 33 cents, down 2 cents from the previous day’s share price of 35 cents.
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Nuvilex Inc. to Work with Pancreatic Cancer Expert Dr. Daniel Von Hoff
In the biotech sector, Nuvilex, Inc.’s (OTCQB:NVLX - News) announced that it has signed a Master Services Agreement with Translational Drug Development in which the company will conduct preclinical and clinical studies in support of the development of Nuvilex's pancreatic cancer and other treatments utilizing Cell-in-a-Boxtechnology.
To Work With Dr. Daniel Von Hoff
In addition, the Silver-Spring, Md.-based biotech company announced that would be working with Dr. Daniel Von Hoff, a leading figure in pancreatic cancer, to develop its pancreatic cancer and other treatments utilizing its Cell-in-a-Box(R) technology. These are just the latest of several upbeat press releases from the company that is working on optimizing the anticancer effectiveness of cannabinoids.
Gets $2 Million in Initial Funding
On Feb. 24, the company announced that Lincoln Park Capital purchased 8 million in restricted shares of Nuvilex in exchange for an initial $2 million out of $27 million set aside to advance the company's late-phase pancreatic cancer clinical trials.
Over the last year Nuvilex has issued a bevy of positive press releases about how it is positioning itself and recruiting and hiring the top researchers in the medical-marijuana field. But so far, the company has not produced any concrete products or services for the industry. Neville’s cannabis business appears to still be in the developmental stage. Still, it has hired the brain power that eventually could make it a real player.
On Apr. 8, NVLX’s share price closed at 36 cents, unchanged from its close the previous day.
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Tranzbyte Corp. Launches American GreenZine for Marijuana Growers and Consumers
In other news, Tranzbyte Corp. (OTCPINK:ERBB - News) on Apr. 3 launched American GreenZine, an online publication it’s designed to report on the legal-marijuana industry, from the grower and consumer’s perceptive.
According to the Tempe, Ariz.-based company the new online magazine will use real-time web activity of topical influencers to surface the best content on any subject. The American GreenZine publication is scheduled to begin operating Fri., Apr. 4 at 8:20am EDT.
"With every passing day more news and articles come out about this industry, but they are located in 1000 or more different places, and many of the stories are musings by pundits who may know much or nothing at all about the industry. By aggregating and organizing the information, we provide a portal through which people can get all the news they want and filter it on their own," said David Gwyther, Tranzbyte's president.
This is just the latest chapter in Tranzbyte’s many marijuana-related business ventures.
On Mar. 21, the company announced that it signed a Letter of Intent to form a strategic partnership with Abattis (OTC Pink: ATTBF).
Under terms of the agreement, the companies will sell and market or otherwise license one another's products in their respective regions. Once the arrangement is completed, Tranzbyte will have access to Abattis’ expanding suite of bio-ceutical grow products found in the Biocube Green Grow Systems for cultivation (LED's, Nutrients - Natures Juice).
In addition, Abattis owns proprietary flash freeze extraction technology, which produces high-grade cannabis and other botanical extracts. Conversely, Abattis will have the Canadian rights to distribute ZaZZZ(TM) and will pair Tranzbyte's Jurassic O2 water systems with its Biocube Green Grow Systems sales efforts in the US.
On Apr 8, ERBB’s share price closed at 6 cents, unchanged from closing price of the previous day, on volume of 200.8 million shares.
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