Total Cannabis Security Solutions acquires David Hyde & Associates
By Canadian SecurityNews Industry News
Total Cannabis Security Solutions Inc. (TCSS), a risk-management and compliance company, announced today its acquisition of David Hyde & Associations.
TCSS provides risk and security management services to the legal cannabis industry. The regulatory compliance expertise provided by TCSS to its clients is a critical business enabler, the company says.
David Hyde & Associates Inc. is a leading Canadian security and licensing consulting firm in the regulated cannabis sector in Canada and abroad. Over the past 5 years, the company has provided security and compliance advisory services to over 300 regulated cannabis producers and 50+ retail cannabis license applicants across Canada, attended 30+ licensing inspections with Health Canada, and worked with more than half of the licensed producer sites in the country.
“We are very proud to welcome David Hyde and his team to TCSS,” said Neil Weaver, CEO, TCSS. “We are setting the gold standard for security solutions and compliance in the highly regulated legal cannabis industry. Our integrated risk-management approach provides a holistic, one-stop platform in support of our clients’ business initiatives.”
RELATED: Experts: legalization of cannabis a groundswell of opportunity for security providers
David Hyde, previously owner and principal consultant of David Hyde & Associates, now assumes the role of COO at TCSS, effective immediately.
“Our firm has established a very effective niche as Canada’s leading consulting company in the cannabis industry during the past five years, and we are delighted to continue that as part of Total Cannabis Security Solutions, said Hyde. “The important growth in scale and expertise created by this transaction will provide extraordinary value to our clients in the business-critical areas of security solutions and regulatory compliance with Canada, the U.S. and across the globe.”
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