Blue Line Protection Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
February 16, 2021 at 06:16 am EST
Share
Blue Line Protection Group, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 1.087 million compared to USD 1.047 million a year ago. Operating income was USD 277,206 compared to operating loss of USD 58,777 a year ago. Net income was USD 31,095 compared to net loss of USD 450,841 a year ago. For the nine months, sales was USD 3.087 million compared to USD 3.019 million a year ago. Operating income was USD 564,338 compared to operating loss of USD 298,968 a year ago. Net loss was USD 157,707 compared to USD 1.383 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.
BLUE LINE PROTECTION GROUP, INC. 
