SOURCE: Blue Line Protection Group

Blue Line Protection Group

June 08, 2015 09:20 ET

Blue Line Protection Group and Amercanex Provide Clients With Secure and Compliant Online Marketplace Transportation Solutions

DENVER, CO--(Marketwired - Jun 8, 2015) - Blue Line Protection Group, Inc. (OTCBB: BLPG) (OTCQB: BLPG), a leader in providing regulatory compliance, security consultation and protection services to high-value asset industries, today announced an agreement with Amercanex, the American Cannabis Exchange, to provide transportation services for Amercanex Transacting members.

"This strategic alliance agreement between Blue Line and Amercanex further solidifies our commitment to bringing our suite of protection and compliance services to the expanding online marketplace," said Sean Campbell, Blue Line's Chief Executive Officer. "Amercanex clients will benefit from Blue Line's commitment to offering secure transportation of their products while remaining in full compliance with all local and state regulations."

Amercanex is the first fully electronic cannabis marketplace in which cultivators, wholesale distributors and retail vendors can buy and sell in a fully transparent intra-state market. The Amercanex and Blue Line Protection Group partnership marks a first in the Cannabis Industry, linking transportation services electronically via a fixed API (Application Program Interface) into a fully electronic transparent online marketplace. This convenient new electronic solution will enable Amercanex Transacting members to calculate their delivery costs and deduct from their account immediately via online payment, all on one platform.

"We are excited to have Blue Line join forces with Amercanex as they are one of the most successful armored transportation services in the country focused on the cannabis industry. As competition enters the market, dispensary owners, edible companies and cultivators will look to electronic platforms to continuously build their brand and grow their business while lowering costs. We believe working with whom Rolling Stone Magazine recently dubbed 'the Guardians of the Greenery,' Blue Line Protection Group will provide added assurance of our commitment to our Transacting members to deliver superior services and security of products transported via the ACE Marketplace," said Steve Janjic, CEO of Amercanex.

Blue Line Protection Group clients, upon becoming Amercanex Transacting Exchange Members, will now receive all the featured benefits that Amercanex has to offer. The ECM model (Electronic Cannabis Market) will provide clients with full market transparency and greater control of the buy/sell process, enabling better pricing and full regulatory reporting and ultimately lowering costs. This opportunity provides ACE Transacting Members with an online platform to leverage Internet-based technologies, allowing their businesses to react quicker to market opportunities. Implementation of transportation services, including the ability to calculate and deduct transport costs as a function of the overall transaction within the ACE Marketplace, will assist both Amercanex and Blue Line in strengthening relationships with their customers and partners, improving productivity and reducing overall costs.

"Greater efficiency in transportation brings additional cost savings to our customers," added Mr. Campbell. "The more pick-ups and deliveries we can do per hour, the more economical the costs become for everyone on the exchange. By providing an efficient transportation solution that can track and ensure the integrity of lawful cannabis products, Blue Line furthers its efforts to offer industry-leading independent, third-party compliance solutions to financial institutions that need to comply with federal Cole Memo and FinCEN guidelines."

About Blue Line Protection Group, Inc.
Blue Line Protection Group provides secured transportation, state and federal regulatory compliance, security consultation and training, and professional protection services to high-value asset industries. The company's security operators, investigations personnel and consulting staff are highly trained professionals with significant experience in law enforcement and the United States armed forces. For more information, visit www.BlueLineProtectionGroup.com.

About Amercanex
Amercanex (American Cannabis Exchange) ACE Marketplace is the web-based user-interface to the Electronic Cannabis Marketplace (ECM), offering a comprehensive suite of tools and solutions tailored to address a diverse client base. The proprietary platform ensures that only product, quantity, quality and best-available pricing are shown, thus ensuring a completely transparent, neutral and non-manipulated free-market where supply and demand are the key factors affecting price discovery. To learn more about Amercanex, please visit www.amercanex.com.

Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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