Blue Line Protection Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
August 28, 2020 at 04:40 pm EDT
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Blue Line Protection Group, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 4.126 million compared to USD 4.050 million a year ago. Operating loss was USD 308,697 compared to USD 828,162 a year ago. Net loss was USD 1.608 million compared to USD 1.252 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
Blue Line Protection Group, Inc. provides armed protection and transportation, currency processing and training, and compliance services for businesses engaged in the legal cannabis industry. The Company provides logistics, and compliance services for businesses engaged in the legal cannabis industry. The Company offers asset logistic services, such as armed transportation service, including shipment protection, money escorts, asset vaulting, financial services, such as handling transportation and storage of currency; training; and compliance services. It offers a fully integrated approach to managing the movement of cannabis and cash from growers through dispensaries via armed and armored transport, currency processing, vaulting and related credit. It supplies asset protection via armored transportation and currency processing services to licensees in Colorado, Arizona, Nevada, and New Mexico, out of its two business locations.