GREENWOOD VILLAGE, CO, Oct. 01, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Zachary L. Venegas, the Executive Chairman and CEO of Helix TCS, Inc. (OTCQB: HLIX), has been invited to deliver a solo presentation at the cannabis industry’s largest trade show, MJBizCon Las Vegas, on the topic of Mergers & Acquisitions. A seasoned M&A professional, Mr. Venegas has executed successful M&A deals in multiple emerging markets across four continents. Most recently, Mr. Venegas has brought his extensive expertise in deal-making and integration to the legal cannabis industry, where he has utilized an aggressive M&A strategy in the growth and development of industry-leading ancillary service provider Helix TCS, Inc.
In 2015, Helix TCS acquired Boss Security Solutions and in 2016 acquired Cannabase, the oldest and largest wholesale marketplace in the cannabis industry. In 2017, Helix TCS expanded its digital security capabilities with the acquisition of Security Grade Protective Services. To date, Helix TCS has continued to grow its digital footprint by merging with leading cannabis software provider BioTrackTHC - nearly tripling its revenue and expanding its reach to 32 states and 5 countries, including 9 government contracts - and acquiring Engeni, a software development platform based in Argentina, which allows Helix TCS to rapidly develop its extensive technological infrastructure and expand its reach further into Latin America.
The presentation, which takes place during the Marijuana Business Conference on Thursday, November 15 at 11:30am local time, is titled Mergers & Acquisitions: Finding a Compatible Partner, and will focus on best practices for evaluating a compatible partner and will include real-life examples from Mr. Venegas’ industry experiences.
MJBizCon, in its description of the event, warns cannabis industry executives that, “mergers and acquisitions are sweeping through the cannabis industry, as companies position themselves to be more competitive, acquire fresh talent, or enter a new line of business [but] any M&A deal must be executed carefully.” Mr. Venegas, having successfully navigated the M&A and Private Equity landscape for nearly two decades, looks forward to sharing key strategies for business executives in all sectors of the emerging cannabis industry during his presentation.
“I am honored to have the opportunity to speak at what is considered to be the Super Bowl of cannabis B2B trade shows among an A-list group of speakers and professionals,” said Mr. Venegas. “As the industry faces an inevitable wave of consolidation, there is no better audience to share insights with than the innovative and entrepreneurial minds of our emerging industry.”
About Helix TCS
Helix TCS, Inc. (OTCQB: HLIX) is a premier provider of integrated operating environment solutions for the legal cannabis industry. Helix provides a proprietary software suite and partnership platform to the legal cannabis industry, helping clients manage inventory and supply costs and bespoke monitoring and transport solutions. Helix provides clients in the legal cannabis industry high standard security operations, including transportation, armed and unarmed guarding, training, investigation, and special services.
Forward-Looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to fund our operations and pay any outstanding debt; fluctuations in our financial results; general economic risks; the volatile nature of the market for our products and services and other factors that could impact our anticipated growth; our ability to manage our growth; changes in laws and regulations regarding the cannabis industry and service providers in the cannabis industry; reliance on key personnel; our ability to compete effectively; security and other risks associated with our business; intellectual property risks; and other risk factors set forth from time to time in our SEC filings. Helix TCS assumes no obligation and does not intend to update these forward-looking statements, except as required by law.