Blue Line Protection Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
May 14, 2021 at 03:36 pm EDT
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Blue Line Protection Group, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 4.131 million compared to USD 4.126 million a year ago. Operating income was USD 793,395 compared to operating loss of USD 308,697 a year ago. Net loss was USD 934,577 compared to USD 1.608 million 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.