SOURCE: Blue Line Protection Group

Blue Line Protection Group

December 01, 2015 08:00 ET

Blue Line Protection Group Announces New Operations, Training, Vaulting and Cash Processing Facility

DENVER, CO--(Marketwired - Dec 1, 2015) - Blue Line Protection Group, Inc. (OTCBB: BLPG) (OTCQB: BLPG), a leader in providing armed protection, regulatory compliance and secured transportation services to high-value asset industries, today announced that its new Colorado headquarters and operations facility is scheduled to open in the first quarter of 2016.

"Blue Line's new Denver headquarters consolidates all of our operations and processing capabilities into a single, secured and protected location," said Daniel Allen, Blue Line's chief executive officer. "From our new centralized location, we'll be able to offer our full suite of services to our clients, our valued business partners across the nation, and our banking partners right here in Colorado who've been looking for a secure off-site facility that can accommodate cash processing."

Blue Line's new 12,000-square-foot headquarters will provide office space, training rooms, client meeting areas, enclosed bays for armored transportation vehicles, and a secured cash processing area with a bank-grade vault. It will be protected 24 hours a day by electronic and physical security measures, including armed protection staff with military and law enforcement experience.

"Not only have our clients told us that they want to minimize the presence of cash at their establishments, but our banking partners have been looking for a currency processing and transportation solution, as well," said Ricky G. Bennett, Blue Line's vice president of operations and compliance. "There's been a real need for an independent, secured vaulting site for cash-intensive businesses here in Colorado. Blue Line's new facility serves this need and helps to minimize our business partners' attractiveness as targets by criminals."

Blue Line is responding not only to the needs of the legal cannabis industry in Colorado, but to any business that operates primarily using cash. "Our new vaulting facility's cash management controls ensure that each client's currency remains physically segregated from that of other clients at all times," said Mr. Allen. "And to remain compliant with anti-money laundering requirements, we ensure that any currency collected from our clients can be validated by lawful purchases according to state requirements and backed up by point-of-sale reports."

In addition to its protection and transportation services, Blue Line provides compliance investigation services to financial institutions to help them maintain compliance with federal "know your customer" requirements. Blue Line minimizes the risk to its financial institution partners by eliminating the need for their staff to accept, store and process large amounts of cash.

"We favor a hands-off approach by retail and banking staff and having an independent third-party handle cash transportation and processing," said Mr. Allen. "The more cash they hold, the greater the chance that their operations will be targeted by criminals. We've already seen armed robberies of banks and dispensaries, as well as numerous overnight break-ins of dispensaries and cultivation facilities. Those businesses are fortunate that their staff were not injured in those cases, but it's just a matter of time before their luck runs out."

Blue Line's new facility will also enable its former military and law enforcement professionals to provide training courses to businesses and individuals seeking certified courses in firearms and personal protection. Blue Line will also offer its expertise in providing protection, compliance and transportation services to its business partners from around the country who want to capitalize on the legalization of cannabis in their states and establish responsible operations.

"With more cannabis businesses coming online daily and additional states legalizing marijuana use, our goal has been to help establish a consistent baseline of professionalism and legitimacy for this industry," said Mr. Allen. "Our new facility strengthens our hold as the authority on responsible protection and compliance strategies for any high-value asset industry."

About Blue Line Protection Group, Inc.

Blue Line Protection Group provides armed protection, professional compliance and investigative services, and secure transportation services to individuals, businesses and government entities who need to protect their licenses and business investments or who require professional protection services for their employees, clients and physical assets. The company's security operators, investigations personnel and consulting staff are trained professionals with significant experience in law enforcement and the United States armed forces. For more information, visit www.BlueLineProtectionGroup.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.

Contact Information