Pot, a growing vertical market?
As marajuana, medical and otherwise, becomes legalized in states, pot appears to be growing vertical market.
DirectView Holdings, on Oct. 6 announced it landed a $150,000 contract to complete a "comprehensive security and surveillance installation" at a Colorado marajuana facility, which includes a large grow house, two dispensaries and management offices. The announcement said the installation will be complete by the end of the year. Here's some background on DirectView.
The installation will include "DirectView IP megapixel security cameras, DirectView's NVR video and audio storage server as well as a access controls and a comprehensive intrusion alarm system."
DirectView will also provide alarm monitoring of the facility. The announcement did not say whether DirectView is providing the monitoring itself or if it is using a third-party monitoring provider.
In a prepared statement, Roger Ralston, CEO and chairman of DirectView, said this is "another cannabis installation [won as the result of its] exclusive security partnership with [a design and build firm for marajuana facilities] Cannamor. We continue to solidify our position as a trusted source for the security needs of the cannabis industry enabling us to win larger installation contracts like this one. We are also beginning to gain traction in ongoing alarm monitoring services which can provide and important source of future recurring revenue. The cannabis industry continues to grow and we intend to work diligently to build on our momentum in Colorado and other geographic regions in the country."