Tag: Canna Security
Canna Security looks to grow with $1m investment
May 8, 2013Martha Entwistle
DENVER—ArcView Investments, a group of high-worth angel investors, on May 3 announced that "five companies received at least $1 million in commitments." Among those five companies is Canna Security, a company dedicated to protecting legal marijuana facilities.“We opened Canna Security in 2009 and business has taken off. We just expanded to Washington state,” Daniel Williams, president of Canna Security, told Security Systems News.Funds will be used for bringing on full-time technicians,...
This Blog's on Fire (And Other Stuff)
Legal pot hot new security market—but ADT declines to partake
May 1, 2013Tess Nacelewicz
Voters in Washington State and Colorado last fall legalized the recreational use of marijuana—and created a new demand for security, with pot warehouses and stores in those states anxious to protect their valuable stash. However, according to a report from CNNMoney this week, the fact that pot sales are still illegal under federal law is creating some security hassles.
Not only is ADT refusing to provide security services to such businesses, citing federal law, but other security companies...