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Wednesday, January 23, 2019 9:31:24 AM
01/23/2019
3 Sixty Risk Solutions Ltd. (OTC: PTVYF) (CSE: SAFE) is pleased to announce that the Company, which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., is supporting the Ontario Cannabis Store (“OCS”), which focuses on providing safe and responsible access to cannabis in Ontario. 3Sixty has entered into a multiyear agreement with OCS to provide secure transport services which contribute to the safe delivery of cannabis products within the OCS distribution network.
“I am extremely pleased that we were selected by OCS to provide security services and to contribute to safe and responsible access to cannabis in Ontario,” said Thomas Gerstenecker, CEO and Founder of 3Sixty. “We believe that our agreement with OCS highlights the world-class quality of our security services and the impressive pedigree of our customer base. We continue to seek new services to offer to our existing customers and we are looking beyond our borders for geographic expansion opportunities that allow us to export our expertise across Canada, the US and internationally as we seek organic growth and consider disciplined M&A opportunities to accelerate growth.”
“Ontario, with a population of more than 14 million people, is Canada’s largest cannabis market.” added Thomas Gerstenecker. “Estimates by the Federal Government indicate that Ontario’s potential market for cannabis is more than $2 billion which is a tremendous opportunity for 3Sixty and for Canada’s 144 Licensed Producers, of which 76 are in the province of Ontario. 3Sixty has relationships with Canada’s largest LP’s, we continue to grow our customer base, and our agreement with the OCS is expected to contribute to significant growth at 3Sixty as the Ontario market develops.”
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