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710 Security Merges More Than 70 Cannabis Alarm Accounts With Lief Alert Acquisition
Cynthia SalarizadehMarch 8, 20194min1020
710 Security LTD
David Beckett
Lief Alert
Ryan Shields
In an announcement released on AxisWire, 710 Security LTD, a fully-integrated cannabis security firm with offices in Colorado, Ohio and Michigan unveiled the news that it had officially acquired Leif Alert, a company headquartered in Evergreen, Colorado that provides custom security systems in homes and commercial cannabis facilities. Terms of the transaction were not disclosed, but Lief Alert Owner, Chris Boyd, will now join 710 Security as the Chief Operating Officer.
"I am extremely excited to work with Chris Boyd again. I had the pleasure of working with him right before Amendment 64 passed. He has a vast knowledge and understands the regulated struggles we face every day," said David Beckett, Founder of 710 Security.
Since its inception, Lief Alert has positioned itself as a reputable cannabis security company, securing facilities in Colorado, Michigan and Oregon for Viola Extracts, Simply Pure, Starbuds, Bonfire Cannabis, A Cut Above and Dark Horse Genetics.
"I knew and worked with David for a small dealer in Denver for a few months before the industry started. How ironic that ten years later we are back together taking on America with the most experience in the cannabis industry hands down," said Boyd. "His team is what I've needed for a few years now. I am now driven more than ever to make 710 Security highly successful."
With the restructuring, 710 Security also added Ryan Shields as the Vice President of Operations. Shields has worked with Beckett for the past several years.
"Ryan has really become an amazing asset. 710 Security would not be able to provide the high level of service or support without his dedication and perseverance," said Beckett. "Adding these guys to the team will allow us to focus on quality over quantity during our nationwide expansion strategy."
"Teaming up with David and Chris, in addition to our combined years in the industry will allow us to provide a leading, innovative service to the cannabis industry nationally," said Shields.
710 Security has worked with clients from more than 20 different states and works for cybersecurity experts, speaking with manufacturers on how to best protect customer data and intellectual property within the cannabis space. 710 Security's work is not exclusive to the cannabis industry. It also caters to projects like FEMA construction camps and classified clients in the government arena. With offices currently in Colorado, Michigan and Ohio, 710 Security is the process of opening a fourth office in Florida.
In an interview with Benzinga on the transaction, Jamie Cooper of Cannabiz Connection explained that "It's great to have security experts like 710 Security bringing their experience and service into the Michigan market. The entire state is on the cusp of a massive cannabiz explosion and working with experienced companies is incredibly important."
Cynthia Salarizadeh
Founder and CEO of AxisWire, Founder and President of the luxury cannabis brand the House of Saka, Co-founder of Green Market Media & Industry Power Women. Cynthia is a contributing writer for Entrepreneur and Forbes. She sits on the Forbes Communications Council and holds a degree from the University of Pennsylvania and a certificate in journalism from Georgetown University.
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