3 Sixty Risk Solutions (SAFE.C) has committed to providing secure transportation services to James E. Wagner Cultivation (JWC) in Ontario, Canada’s largest cannabis market.
JWC has had some considerable developments lately, including scaling from a state-of-the-art, 15,000 square foot facility to breaking ground on a facility more than 20 times its size.
This facility will be able produce 30,000 kilograms of cannabis each year. All of which will require secure transport services that can scale with JWC’s growth.
“Growing customers, like JWC, are an important focus for the company and the expertise that we demonstrate every day will enable us to accelerate our growth with existing customers and in new geographies,” said Thomas Gerstenecker, CEO of 3 Sixty.
JWC’s recently announced milestones include its first shipment to Canopy Growth’s (WEED.T) CraftGrow store during Q4 2018. In addition, JWC is starting construction on its second 345,000 square foot facility.
James E. Wagner Cultivation at a glance:
- 15,000 square foot state-of-the-art retro-fit facility
- Produces 1,500+ kilograms a year
- Seven grow rooms
- Seven strains with three available for patient orders
- 50+ staff
JWC is a premium cannabis brand focused on producing clean and consistent cannabis. Housed in Kitchener, Ontario, JWC originally started as a collective of patients and growers under the precursor to the Access to Cannabis for Medical Purposes Regulations (ACMPR).
JWC has developed its own proprietary aeroponic platform called GrowthStormTM.
3 Sixty has been on a bit of a streak lately, adding Beleave (BE.C) to their growing list of clients, which already includes Canopy, Aphria (APH.T) and Tilray (TLRY.Q).
“We provide world-class security services to our top-tier customer base and we continue to seek new services to offer to our existing customers. Additionally, a key tenet of our strategy growth plan is to leverage our expertise throughout Canada and to capitalize on the growing US and international markets organically and by identifying M&A opportunities using a disciplined approach,” Gerstenecker said.
They are starting to capitalize on international markets with a listing on the Frankfurt Stock Exchange. 3 Sixty will be traded under the identification code WKN: A2PBNJ and under the ticker 62P2.
“3 Sixty has global ambitions and listing our shares on the Frankfurt Stock Exchange is an important milestone for the company. The FSE is one of the world’s largest trading centres for securities and the largest of Germany’s seven stock exchanges. Our listing in Europe provides improved access for global investors seeking to invest in quality, Canadian companies with exposure to high-growth, legal cannabis markets. I believe that this will further support our organic grow,” said Gerstenecker.
The company will continue to be traded under the Canadian Securities Exchange under the ticker SAFE.
–Joseph Morton
Full disclosure: 3 Sixty Risk Solutions is an Equity.Guru marketing client.