Helix TCS Expands International Footprint to Colombia

PR Newswire - finance.yahoo.com Posted 5 years ago
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DENVER, Dec. 19, 2018 /PRNewswire/ -- Helix TCS, Inc. (HLIX) (the "Company") has expanded its international footprint to Colombia, with multiple licensed cannabis cultivators and manufacturers already implementing its industry-leading seed-to-sale tracking solution, BioTrackTHC. In response to the growing demand for its leading cannabis technologies internationally, the Company has  launched a Spanish language user interface and increased its Spanish-speaking technical support staff across multiple offices, allowing it to continue its Latin American expansion.

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The legal cannabis industry is rapidly developing international distribution networks and infrastructure that will eventually enable globalized trade across borders. In countries like Colombia, where production costs are low, Helix TCS is investing in critical software infrastructure to ensure licensed operators are prepared as they scale into high-volume production hubs. As these markets develop and legislation begins to allow for global marketplaces, Helix TCS is already positioned to be the leading technology platform facilitating this international cannabis trade. The newly launched Spanish interface is the first of multiple languages to be released by BioTrackTHC as it continues its international expansion, increasing its accessibility for business owners and operators in legal cannabis markets worldwide.

"It goes without saying that BioTrackTHC, as a Helix TCS subsidiary, provides international  licensed operators with the same support and outstanding service that we deliver in the US, which means offering a growing set of languages and an ever-improving suite of functionalities," said Zachary L. Venegas, Executive Chairman and CEO of Helix TCS, Inc. "Our goal is to expand our integrated technology and services platform into every legal cannabis market, so as more states and countries adopt new legislation, we will continue expanding our operations and capabilities in advance to meet their needs."

In addition to Colombia, Helix TCS currently provides cannabis software solutions in multiple international markets including Jamaica, Australia, New Zealand, and more. The addition of Spanish-speaking support enables the company to provide better regional assistance to these licensees, as well as US-based Spanish-speaking businesses and their employees.

About Helix TCS, Inc.
BioTrackTHC is a wholly-owned subsidiary of Helix TCS, Inc. Helix TCS, Inc. (OTCQB: HLIX) is a leading provider of ancillary services for the legal cannabis industry, helping owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk. Through its proprietary technology suite and security services, Helix TCS provides comprehensive supply chain management, compliance tools, and asset protection for any license type in any regulated cannabis market. Helix TCS's products reach over 2,000 customer locations in 32 states and 5 countries and has processed over $18 billion in cannabis sales. For more information and to sign up for HLIX investor updates, visit us at www.helixtcs.com. For more information on BioTrackTHC, visit www.biotrack.com.

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.

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Media Contact:
Jeff Gonring
Helix TCS, Inc.
303-324-1022
[email protected] 

IR Contact:
Scott Ogur
Helix TCS, Inc.
[email protected] 

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