Pot Stocks 2017: Cash Is Now King As Helix Enhances Security

“Cash is king” is a saying that now has a meaning in the U.S. marijuana industry. Industry-goers have been opting to use currency instead of other payment methods to take care of expenses. This has sparked a demand for the safe transportation of big amounts of cash — activating the demand for armoured cars and cash transport teams.

Cash aside, it’s imperative that the marijuana business finds a way transport valuable inventory and products — yet another job done by security companies.

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Just last week, Helix TCS (OTCPK:HLIK) announced the acquisition of Security Grade Protective Services, which brings up the million dollar question:

What is the relevance of security, being that there are a plethora of marijuana subscribers?

While the transportation of the said products and services are important, the security factor  needs to be highly considered as well. Once the products get to their dispensary destinations, the marijuana companies depend on advanced security systems, which include audio and visual surveillance to keep an eye on their possessions, including their identification.

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To stop the diversion of marijuana, a majority of states’ regulations have storage facilities, growers, dispensaries, and processors to take advanced security measures.

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