CFN Media Interviews David Hyde, President of 3 Sixty Secure, A Leading Cannabis Consulting Firm
Ryan Allway
January 31st, 2019
Exclusive, News, Top Story
Canada’s cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, driven by the legalization of adult-use cannabis last year. While the country is home to the world’s most mature cannabis market, Health Canada regulations continue to evolve and licensed producers require guidance to ensure that they’re both compliant with current regulations and prepared for future regulations.
CFN Media recently caught up with 3 Sixty Secure Corp.(CSE: SAFE) President David Hyde at the 2019 Lift Expo in Vancouver to discuss how the David Hyde & Associates merger impacted the company and its future.
Click here to receive an investor presentation and corporate updates
A Rapidly Evolving Industry
Canada became the first G7 nation to legalize cannabis with the Marihuana for Medical Purposes Regulations (MMPR) in 2013. Since then, the country replaced those regulations and expanded them to include adult-use cannabis in the Cannabis Act in 2018. These regulations will continue to evolve in 2019 to accommodate cannabis edibles and concentrates, which introduce new compliance requirements to ensure safety.
These rapidly evolving regulations are challenging for licensed producers. While Health Canada has only a handful of requirements, these are descriptions more than prescriptions—they can be interpreted in different ways. Licensed producers must navigate these regulations correctly to procure and maintain licenses that they require to operate, while simultaneously ensuring that their products are safe and efficacious.
In addition to these regulations, licensed producers must grapple with business risk, governance issues, corporate responsibility, cybersecurity, business continuity, personnel security, and other issues that aren’t addressed by Health Canada’s minimum requirements. As the industry matures, all of these things must be done in a cost-effective manner to maintain a robust balance sheet with minimal shareholder risk.
Click here to receive an investor presentation and corporate updates
Ensuring Ongoing Compliance
David Hyde & Associates has more than 30 years of experience in providing private security, but more importantly, they have been consulting with the cannabis industry since 2013. Over the past six years, they have worked with more than half of licensed producers and more than 450 applications, providing them with significant industry experience. There are few others with the breadth and depth of knowledge when it comes to licensing in Canada.
In addition to helping meet minimum requirements, the company offers insights into upcoming regulations and critical non-regulatory issues. They have a good idea of what’s coming ahead with edibles and concentrates regulations, where well-prepared LPs could have a significant first-mover advantage. They also help with emerging issues like governance and corporate responsibility, which can be difficult for newly public companies.
The combination of secure transport, security guard services, and monitoring, and end-to-end consulting services makes the combined company a one-stop shop for aspiring and existing licensed producers. Those looking to secure a license know they’re getting unparalleled experience and advice, while those looking to maintain their license or expand into new areas can rely on the company’s expertise to guide their actions.
Click here to receive an investor presentation and corporate updates
Looking Ahead
3 Sixty Secure Corp.(CSE: SAFE) has expanded well-beyond secure transport, guard services, and monitoring with the acquisition of David Hyde & Associates. The combined entity provide end-to-end services for the cannabis industry with a client list that spans most licensed producers and countless aspiring licensed producers. Investors may want to take a look at the company as it continues to establish itself as a cannabis consulting leader.
For more information, visit the company’s website at www.3sixtysecure.com.
Disclaimer
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: https://cannabisfn.com/legal-disclaimer/
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
Search CannabisFN
Press Coverage
Psychedelics Index
Top Videos
Matt Hawkins is the founder and managing principal of Cresco Capital Partners, LLC (“Cresco”), a private equity firm focused specifically on investing in the legalized cannabis industry. Since its inception in the summer of 2015, Cresco has made 14 investments out of its first fund and is currently raising this fund, Fund II. Prior to the […]
Matthew Nordgren is an ambitious executive, dedicated philanthropist, and accomplished athlete who brings a unique passion to creating strategic alliances. He has breadth and depth of experience in finance, corporate development, and capital sourcing, as well as in building highly motivated teams of skilled professionals. In 2005, Mr. Nordgren received his education at the University […]
Ehave, Inc. (OTC Pink: EHVVF) is a provider of digital therapeutics delivering evidence-based therapeutic interventions to patients.
Resolve Digital Health Inc. committed to establishing a standard of care missing from the medical cannabis industry until now.
Network Partners
About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.
Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer
