In the month of December, CSA Holdings Inc (OTCMKTS:CSAX) the major comprehensive security solutions provider offering services to businesses in the licensed cannabis market, reported that revenue have surged by 25% for the quarter closed September 30, 2017, versus the comparable period in 2016. For the nine months closed September 30, 2017, revenues surged 115% versus the first three quarters of 2016.
Tom Siciliano, the President of CSA Holdings, expressed that their revenue growth remains to look strong moving into next year with the increase of cash transport operations. Plus, they are thrilled about landing one of the most impressive and largest grows in California. The high growth is following in large part to the growth of CSA’s cash transport operation, a service that has grown in revenue more than 600% from January to the close of November 2017. Having lately included their third banking association in Colorado, CSA further extends the available alternatives for their cannabis customers for cash transportation, change orders, delivery and processing to the Federal Reserve.
Canna Security has installed more than 500 security systems, all recording a 100% licensing permission rating, and is known as the gold standard in security technology and services for the cannabis market. Headquartered in Denver, CSA has expanded its businesses to serve the growing number of state approved cannabis cultivators, infused products retailers and manufacturers, and processors in the U.S.
In unrelated news, Canna Security America was showcased in the Cashinbis article authored by Jesse Carpender. In this article, Siciliano talks how company helps businesses stick to guidelines, what to seek for in cash transportation services. A highlight of the article is about a CSA guard who protected a woman’s life while he was on duty. Canna Security has installed more than 500 security systems, and all of them recording a 100% licensing approval score.