- CEO
- Tom Smith
- Full Time Employees
- 33
- Sector
- Industrials
- Industry
- Waste Management
- Address
- PO Box 600 Farmington AR United States of America 72730
- IPO Date
- Sep 17, 2001
- Business
- SPO Networks, Inc. (OTC Pink: SPOI), founded in 1968 and headquartered in Farmington, Arkansas, operates as a diversified holding company that acquires and manages businesses across multiple sectors, including environmental services, waste management, and cannabis. The company provides solid waste management and recycling services; scrap metal recycling operations in Lowell, Arkansas, and Joplin, Missouri, supplying ferrous and non-ferrous metals to the steel industry; demolition services with special waste remediation; general contracting and hauling; generic cannabis seed production for wholesale and retail customers in Colorado; and cultivation facilities for cannabis extraction, wholesaling of cannabis products, and planned retail dispensary operations. It targets industrial clients, steel manufacturers, retailers, wholesalers, and cannabis consumers primarily in the United States, with current operations spanning Arkansas, Missouri, Colorado, Oklahoma, and Kansas, and expansion plans in states including New York, Connecticut, New Jersey, Virginia, and Vermont pending regulatory approvals. Recent developments include the expansion of its metal recycling division to potentially generate over $60 million in annual revenue; a $4.1 million agreement to acquire a profitable general contracting, demolition, and hauling services company; and the addition of a 30-acre outdoor growth operation for its cannabis genetic seed division to meet high demand.