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Friday, 03/03/2017 4:06:40 PM

Friday, March 03, 2017 4:06:40 PM

Post# of 789
I put together this DD post for another site. Thought I would sticky it for when all the new investors show up!

I am going to throw out one of the less traditional MJ stocks. The ticker is CSAX and the great thing about it is that it's yet to have a big run and it currently at .10. It is one of the few public security companies in the MJ industry. They are diverse at what they provide.

*Physical Security at Dispensaries and grow faclities.
*Setup Security and make sure you are compliant via cameras, thumb print scanners, etc
*A fleet of armored cars to transport the weed/cash.

Below is some DD I have collected. The stock has been stagnant since November but according to their Facebook page with teases for the last few weeks of announcements and also calls to the President by a long shareholder things appear to be moving along.

Company Details:

Year Founded: 2009

Ownership structure/operating entities: Public company: CSAX

Management Team: Tom Siciliano, President – Al Burke, EVP of Op’s – Jessica Anderson, Sr Accountant – Jennifer Cox, Marketing Director – Kevin Brown, Sales Director – Josh Ray, Cannabis Operations Manager – Brenden Latasha, Systems Operations Manager

Headquarters: Denver, CO

Website: www.cannasecurity.com

Industry Segment/Category: Cannabis Security – Guard Services, Armor trucks for cash transport and alarm systems

Current Markets/States Served: CO, AZ, CA, NC, NV, OR, WA, TX

Current Number of employees: 120

Market Strategy/Goal: Expand into new states through new targeted sales and key acquisitions. Already one of the largest companies in the US, but want to build on that making us by far the largest. Also expanding into Canada.

2014 Revenues: $634,000

2015 Revenues: $780,000

2016 Projected Revenues: $2,400,000

Product/Revenue Mix: 50% guards services, 20% cash transport, 30% systems

Expansion Plans: To complete an acquisition in southern Calf in early 2017 – look to other acquisitions in Northern Calf, Oregon and Arizona – Also look to expand east in Ohio, PA, FL, NJ

Financing strategy: Through the use of their stock (This is key as they have not diluted in 4 months. They truly would only use stock for a major acquistion)

1) TA confirmed Share Structure:

I call every couple of weeks and it has not changed since November 15th where the float and OS went up 300k shares
. Meaning there is NO dilution.

Authorized: 500,000,00
OS: 126,351,955
Float: 18,916,616

3) Unknown sleeper stock. There is not a lot of cheerleaders and the board is posted on very seldom by a couple of longs.

4) The company is big enough that the CSAX president is presenting March 8th at the Marijuana Investor Summit

http://www.calcanbizexpo.com/speaker/tom-siciliano/

DD links:
Company Website: http://www.cannasecurity.com/
Cannabis Investor Interview:

Another Interview: https://www.marijuanatimes.org/securing-a-place-in-the-cannabis-industry-a-conversation-with-canna-security-americas-tom-siciliano/
Market Research Report: http://www.cannasecurity.com/uploads/Viridian%20-%20Canna%20Security%20America%20Company%20Report%20-%201_11_16.pdf
Marijuana Business Mag: http://www.cannasecurity.com/news/beyond-regulations-8-tips-for-safeguarding-a-cannabis-store#page-heading
Cannabisbusinessexecutive article: https://www.cannabisbusinessexecutive.com/2016/11/turnaround-specialist-re-primes-canna-security-america-pump/
New Armored Car Fleet: https://www.facebook.com/CannaAmerica/photos/a.236082586461526.50722.140044142732038/1192965660773209/?type=3&theater

Social Media:
*Company is very active on their social media channels. They have been teasing a big announcement for a couple of weeks. They also are hiring tons of people.
https://www.facebook.com/CannaAmerica/?hc_ref=SEARCH&fref=nf

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