David W. Barnard

ACRE to Acquire Indiana Based RS2 Technologies

Posted by Jay Bartlett April 18, 2019 11:55 pm Categories: Corporate News. Tags: ACRE, David W. Barnard, Joseph Grillo, RS2 Technologies.

ACRE announced it has entered into a definitive agreement to acquire RS2 Technologies in Munster, Indiana. This purchase will enhance ACRE’s strategic expansion plans for strengthening its access control business and product portfolio. Following on from the recent acquisition of Open Options in December of 2018, ACRE continues to build its access control strength and reach in the North American market. ACRE’s portfolio now consists of Vanderbilt, Open Options, RS2 and ComNet.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.