BLUE LINE PROTECTION GRP - BLPG STOCK NEWS

Blue Line Protection Group (OTCQB: BLPG) announced the appointment of Andrew Berman as a Director. Berman, a versatile executive with substantial cannabis industry experience, previously served as CEO of Harborside Inc., taking it public in 2019. He also has municipal experience as a former Mayor of Mill Valley, California. In his statement, Berman expressed enthusiasm about joining the board, highlighting Blue Line's expansion into four states and potential for growth by leveraging his cannabis background. CEO Dan Allen praised Berman's unique skill set, anticipating that his involvement will enhance the company's market presence and create new opportunities.

Blue Line Protection Group (OTCQB: BLPG) has announced its expansion into New Mexico, enhancing its operations in cash logistics and armed transportation. In Q3 2022, the company established banking relationships and secured multiple pickup sites in the state. CEO Dan Allen expressed enthusiasm for the new business opportunities this expansion presents. With this move, Blue Line now operates in Arizona, Colorado, New Mexico, and Nevada, integrating compliance functions with cash management services.

Blue Line Protection Group (OTCQB: BLPG) provided a corporate update following its annual shareholder meeting on April 22, 2022. The company reported significant progress in debt consolidation, having paid over $1 million toward debt servicing since 2020. Highlights include $522,334 in accrued interest forgiveness and the consolidation of ten promissory notes into two, reducing interest rates from 10% to 5%. A new payment schedule aims to lower principal amounts and interest rates further. CEO Evan DeVoe expressed optimism for future growth.