Helix TCS, the leading provider of integrated operating solutions for the legal cannabis industry, is proud to announce its acquisition of Cannabase, the oldest and largest wholesale platform in the cannabis industry.
Cannabase will be a critical component of Helix’s technology initiatives, enhancing its data, security, and compliance offerings with its industry-leading online platform for cannabis businesses, advertisers & consumers.
Legal cannabis businesses must manage changing – and often conflicting – county, state, and federal regulations, while satisfying customers and fending off competitors. In such an environment, failure to recognize or manage key risks can result in the loss of a license, and thus destroy a business at the stroke of a pen. Helix TCS exists to safeguard clients against such risk.
With its most recent investment in industry compliance giant BioTrackTHC, Helix TCS continues to pioneer and develop the most sophisticated compliance tools for the nascent cannabis industry.
It comes as no surprise that Helix TCS has grown to be the largest cannabis security firm in under 9 months.
Under experienced leadership, military veterans and former law-enforcement officers are trained with the most advanced and cutting-edge law enforcement and security industry techniques available, providing a level of service and security unmatched in the cannabis industry.
Helix TCS to Become Largest Shareholder in BioTrackTHC
Helix TCS with its ongoing capital partner, Rose Capital, announces that it has entered into a binding agreement to purchase all of the BioTrackTHC shares held by Steven Siegel and Brian McClintock, two of the three founders of the company, for cash and stock. The purchase makes Helix TCS and Rose Capital the single largest shareholder in the firm. Helix TCS CEO Zachary L. Venegas will be appointed to the BioTrackTHC Board.
MJ Freeway and Cannabase Announce Exclusive Integration Partnership
Under this partnership, MJ Freeway will exclusively provide Cannabase real-time confirmation of live inventory data to support the execution of exchange transactions for their joint customers. Cannabase’s feature-rich, proprietary platform will utilize this data in a live exchange format that will continue leading the evolution of the cannabis wholesale market.
BioTrackTHC and Cannabase Announce Exclusive Integration Partnership
“This partnership is transformative for cannabis wholesale markets nationwide,” explains Jennifer Beck, Cannabase’s co-founder and Managing Director. “Our mission is to maximize the capabilities of business owners navigating this complex industry through the development of cutting-edge integrated operating environments, and we are looking forward to partnering with BioTrackTHC in this critical component.”
Helix TCS Acquires Cannabase, the Largest and Oldest Wholesale Platform in the Cannabis Industry
“Cannabase’s critical mass in the marketplace, coupled with the deep pipeline of market-ready technology solutions, made its acquisition a strategic imperative. As the largest Cannabis security and transport firm in the nation, Helix TCS’ clients will benefit from Cannabase’s wholesale marketplace, data services and archives, as well as its unique suite of interactive features. This supports our mission to provide a compliant, integrated operating solution to clients,” explains Zachary L. Venegas, CEO of Helix TCS.