World News: 12:00 GMT Monday 11th February 2019. [CFN Media via Globe Newswire via SPi World News]
SEATTLE, WA, Feb. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing how (OTCQB: HLIX) aims to close the gap by offering the world’s largest cannabis-focused suite of vertically-integrated services and technologies. After a string of highly successful acquisitions, investors may want to keep an eye on the stock as revenue continues to grow and new catalysts surface over the coming year.
The legal cannabis industry (“LCI”) is projected to reach nearly $150 billion in revenue by 2025, according to , driven by the legalization of medical and adult-use cannabis around the world. Despite these rapid growth rates, there’s a significant shortage of support services to help cultivators, wholesalers, processors, and retailers navigate the complex regulatory environments that have been setup by government regulatory bodies.
Support services for the cannabis industry are underdeveloped and virtually non-existent, especially those that span across unique jurisdictions. At the same time, the cannabis industry faces an enormous regulatory burden that is challenging for many businesses to handle on their own. These dynamics have created an opportunity for startups to quickly capture market share as the cannabis industry continues to grow at a breakneck pace across the United States and around the world.
Helix TCS’ Critical Infrastructure Services Platform provides a level of risk management not found anywhere else in the industry. Over the past several years, the company made several accretive acquisitions and subsequently enhanced and grew the acquired revenue streams. The roll-up business model provides investors with rapidly growing revenue and market shares within the nascent cannabis industry’s ancillary services segment.
The company has made acquisitions across the technology, compliance, and security niche segments:
The company’s strategy focuses on acquisitions to synergistically build on these offerings, including the LCI wholesale commodity exchange, a software development firm, multi-state security expansion, and international product line expansion.
Over the past three years, the company has grown to service over 2,000 cannabis businesses across retail, cultivation, and manufacturing sectors. One-fifth of Colorado’s largest cannabis businesses employ , while has captured about half of the U.S. dispensary point of sale software market and clients in multiple countries. The cross-selling opportunities between these businesses could propel growth over the coming quarters.
These strongly established networks and relationships with legal cannabis businesses from all segments provide a durable competitive advantage in regulated cannabis markets. In addition, the transactional data set from BioTrackTHC is the largest in the industry, having tracked over $18 billion in legal cannabis sales, and will provide Helix with the ability to monetize that data through a variety of premium service offerings.
For more information, visit the company’s website at
CFN Media (CannabisFN) is the leading agency and financial media network dedicated to the global cannabis industry, helps companies operating in the space attract investors, capital, and publicity. Since 2013, private and public cannabis companies in the US and Canada have relied on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or entrepreneur:
Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand:
Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your iPhone:
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Globe Newswire: 12:00 GMT Monday 11th February 2019
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