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Big -- made last week.
One of the events big winners.
Deron Williams his company designs and sells security solutions for the -- of this industry and Dan is right here in New York with a design that welcome.
But is there let me work this out yeah sure the money.
That you brought in from investors it didn't go towards growing real good off now.
Didn't go into the seeds -- didn't go to distribution and didn't go into the retail market note.
You provide security.
For the pot grows security for the -- plants and that's where the money came continue doing that.
That's correct so can -- security in their first years they were started in 2009 in Denver Colorado.
We're now in both Denver and Washington we are full service security solutions provider which means it.
We install camera systems alarm systems and -- -- what we're watching now is this is some video of this -- thieves grabbing the loose in this -- marijuana or once Erica that's what they were doing.
And you stop that.
We give you got security cameras for real time observation of the marijuana fields in the basements -- that going on proponents absolutely in the candidates facilities so.
We do you and were rapidly growing were really trying to keep up with the market which is dictating our growth right now medical marijuana such a huge industry.
That's that's helped keep up with -- we have incoming calls me every day and that's why we sought how much is and -- those Fries plant world.
Any large -- can go from anywhere from 4007000.
Dollars depending on what's called the yield for one -- absolutely.
So if you got a field of a couple hundred column you've got a big asset to protect absolutely so one acre field would usually be about 500 plans.
That could yield approximately.
Converted to three to four million dollars.
Well I don't -- where of these fields -- down in the would someplace audience somebody's.
Based there on top of about things there and you know as an apartment.
Political endorse legalization -- you know whether you know whether it's stuff there's tension I do.
A look at how this is up anything from company into this business -- ADT actually bowed out of the industry in September of last year really -- I don't think they wanted to be affiliated with as many clients as they were gaining in the evening calling all their clients and saying they're going to be coming up their service and resisting that business but what is certain of these clients along the people who are buying your securities -- is that going to be tough guys to say the least pump.
No we found that usually prisons and we're here on Wall Street there investors -- serious business people.
They're pioneers of the industry and -- there you logo will hold on a second you're telling me about a half mile down about a -- lower Manhattan.
-- -- guys in suits trading stocks but on the side that got a marijuana field with a few million dollars absolutely -- with big money it's it's a cash crop.
It does wellness and great things for people some people believe in it in Iowa now you selling the product do you want it to sell the security Erica we'll stick to that -- -- -- That's extraordinary and secular liberals -- biggest competitor about you know -- -- -- -- public everybody stuck right now all you would have thought they were more important because I didn't go to the public.
Well we're -- in the next eighteen months prospect I jumped out because a job right now we just had our first raised the doctor investor group were also going to be talking to venture capital groups.
Because we need a substantial amount of money to keep up that I that I I just don't see what's special about a bunch of security cameras look into the pot field -- -- pocket some people could set that up for very limited amount of money.
Possibly but in Colorado State we have a twelve page regulation.
That basically reads like a technical manual most the security companies that are out there right now.
They don't want to bother with -- they'd rather go installed you know what car commercial dealerships are things like other big money order.
Large scale office buildings like this -- -- that one of these and are happy did you.
One of these Wall Street traders right this is our guy OK yeah he's got a pot field in nuts a New York State but -- It's not legal to grow -- in New York State is its.
Not yet it is I got out right so you all protecting it on chip.
No are you not complicit in a crime.
No we don't protect any facility your area that is not license -- -- it or you don't know none of absolutely you know.
So you'll -- were very much above board that way we believe in functional regulation.
Which is people assume things like that so we have to become little more special to what you really want is federal legalization of drugs -- -- -- -- do an IPO would you.
We would and then Dan Wheeler that's why -- -- -- before that million dollars doesn't.
There ago -- -- Welcome the program good W and is down congratulations on winning now.
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