Blue Line Protection Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
December 31, 2020 at 03:47 pm EST
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Blue Line Protection Group, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 1.007 million compared to USD 1.044 million a year ago. Operating income was USD 139,592 compared to operating loss of USD 44,399 a year ago. Net income was USD 42,693 compared to net loss of USD 368,733 a year ago. For the half year, sales was USD 1.999 million compared to USD 1.972 million a year ago. Operating income was USD 287,132 compared to operating loss of USD 240,191 a year ago. Net loss was USD 188,802 compared to USD 932,764 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.
BLUE LINE PROTECTION GROUP, INC. 
