Toronto, Canada, May 30, 2018 (GLOBE NEWSWIRE) -- Helix TCS, Inc. (OTCQB: HLIX), the leading provider of integrated operating environment solutions for the legal cannabis industry, announced its partnership with Timeless Herbal Care (“Timeless”), a leading Jamaican cannabis grower, to provide a wide range of services to Timeless as they begin full operations in Jamaica.
The Letter of Intent, signed on 24 May in Toronto, lays the groundwork for comprehensive agreements that are expected to see Helix provide services to Timeless in the areas of security, local and international transport, market advisory, and establishing the legal wholesale market in Jamaica.
Zachary L. Venegas, Chairman and CEO of Helix TCS, stated: “As the only fully integrated solutions provider to the Legal Cannabis Industry, we are excited to partner with a firm that will be able to use the full suite of our services to accelerate their growth and set the international standard for market development. Timeless’ focus on developing the Jamaican Cannabis market in an organic and inclusive way, with their emphasis on the local, Jamaican farmer’s success, is a perfect match for Helix’ approach and deep experience in frontier markets. We look forward to beginning operations in the coming weeks.”
Courtney Betty, Timeless Herbal Care Limited’s founder and CEO, said: “Timeless, as Jamaica’s leading medical marijuana brand, has always aligned with the Best of the Best. Zac has demonstrated a tremendous understanding of the industry and the ancillary services which will play a major role. With a wide range of areas of support, Helix presents an experienced strategic partner for Timeless both in Jamaica and the international market. We are pleased to welcome Helix to Jamaica and look forward to the partnership with Timeless.”
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.
About Timeless Herbal Care Limited
Timeless Herbal Care Limited (www.timelessherbalcare.com) is a fully integrated Licensed Producer in Jamaica. The company is focused on producing extracted cannabis oil for the international market as well as specific value added products for the local tourist market. The company has built strong alliances with best in class leading edge companies.
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.