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DENVER, Jan. 3, 2019 /PRNewswire/ — Helix TCS (OTCQB: HLIX) has been highlighted by Cannabis Business Executive as a top revenue generating ancillary business for the licensed cannabis industry. Through its industry-leading point-of-sale system, BioTrackTHC, Helix TCS ranks as the #1 revenue-generating company within the highly competitive dispensary point of sale category and, via its comprehensive security and technology platform, ranks as #33 overall among ancillary cannabis businesses (based on total revenue generation). Placed at #75 in 2017, Helix TCS made a significant jump by more-than-doubling annual revenue from 2017 to 2018.
“Helix TCS has made significant progress, which is illustrated by the company jumping over 40 places on CBE’s annual ancillary business ranking list,” said Zachary L. Venegas, Chairman and CEO of Helix TCS, Inc. “We are highly confident that we are positioned for continued growth and success into 2019 and beyond, as demonstrated by our execution in 2018.”
Published by the widely respected Cannabis Business Executive, the annual ancillary business ranking list relies on self-reported data for placement of privately-held companies, while pulling from public records to determine revenues for publicly-traded companies. The ranking focuses exclusively on ancillary businesses and does not include plant-touching businesses.