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     382  0 Kommentare 3 Sixty Secures Multi Year Contracts, and Expects to Release Results for the Year Ended December 31, 2019 Before Market Open on Tuesday, April 28, 2020

    • Current customer wins in the first quarter 2020, are expected to add predictable recurring revenue for up to three years
    • Commences security coverage for cannabis retail stores
    • Enters into a formal contract with a major logistics/distribution company in Ontario, to securely transport cannabis to retail stores in Ontario
    • Secures contract with Global Affairs Canada to provide high risk pre-deployment training, boosting its continuing client-diversification focus.

    ALMONTE, Ontario, Feb. 27, 2020 (GLOBE NEWSWIRE) -- 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company”) (CSE: SAFE) (OTCQB: SAYFF) (FSE: 62P2) is pleased to announce that the Company, which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., has secured multi-year contracts providing secure transport and guarding services to a number of cannabis-based companies in Canada. The company expects these contracts to provide predictable recurring revenue material in nature for up to three years. Additional contracts under negotiation, align with 3 Sixty's strategic priorities which include significant organic growth, including a non-cannabis client base, coupled with the expansion of security services offered to existing customers within the legalized cannabis industry.

    "We have been extremely impressed with the cadence and quality of agreements that we are engaging in," said Thomas Gerstenecker, Founder and CEO of 3 Sixty. "The company is confident that it is building an iconic brand that resonates with Canadian consumers and it continues to build a national distribution network for a significant part of the cannabis market. We are thrilled to have been selected to provide guarding and secure transport services by these leading companies who demonstrate clear growth ambitions, tremendous production capacity, and have supply agreements in place that can support their strategic intentions."

    The Company has, and continues to secure contracts within the cannabis retail sector across Canada as it relates to safe and secure cannabis deliveries in multiple provinces, guarding and cash management solutions. In addition, our recent contract win as a third-party secure transport provider to the Ontario Cannabis Store’s distribution provider, will continue to show significant growth (in revenue and operational footprint) for our secure transport service line, as retails stores continue to materialize over 2020. Finally, Global Affairs Canada has selected the Company to provide high-risk security training for government employees prior to their deployment to hazardous locations around the world.

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    3 Sixty Secures Multi Year Contracts, and Expects to Release Results for the Year Ended December 31, 2019 Before Market Open on Tuesday, April 28, 2020 Current customer wins in the first quarter 2020, are expected to add predictable recurring revenue for up to three years Commences security coverage for cannabis retail stores Enters into a formal contract with a major logistics/distribution company …