EN- Industry Focuses

Genetec Cannabis Portfolio

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Use your security to maintain your momentum Increasing adoption for cannabis means that there is great opportunity for new and existing licensed producers to emerge and establish a presence in new locations. Coupled with the level of compliance required by different government agencies, it's becoming difficult for you to establish a consistent compliance framework and drive operational efficiency as your product moves from seed to sale. To keep up, you need to consider security as a viable solution to ensure your grow-ops are operating at their fullest potential. You've opted for a security system that would initially allow you get your license to grow. While your security system helped you reach compliance, it might not be enough to navigate the constantly changing regulatory landscape and keep up with the speed at which your cannabis cultivation business is growing. Your security should be a core component of your business operations. It should not only protect you, but it should provide the necessary platform to bolster your growth. Genetec can help you create unity between your different security systems, increasing compliancy while also taking your operations to the next level. In 2019, cannabis spending is expected to reach $16.9 billion USD, a growth of 38% from 2018's reported $12.2 billion. The cannabis industry is currently experiencing tremendous growth with an expected CAGR of over 26% within the next 3 years. * Source: The Motley Fool

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