Serving the needs of the legal cannabis industry in the best way possible has over the years remained to be a major priority for Blue Line Protection Group Inc (OTCMKTS:BLPG). It is the reason it is taking to the advancement of its plan to deploy cash vaulting and compliance investigation services in state of Nevada.
Challenges the Nevada legal cannabis industry faces
Blue Line Protection Group executives in February organized for a meeting with several members of the Nevada Dispensary Association and they sought to discuss the challenges that the Nevada legal cannabis industry faces from time to time.
They were also planning to focus on the various changes that needed to be made in order to give it a major lift in the near future. Procuring cash vaulting and processing services pulls along with a lot of challenges and the company is hoping to change quite much in terms of its business operations to ensure that things run smoothly.
Blue Line has assured all the cannabis clients that it will be serving them with secure vaulting services. They will also be provided with investigations services and cash validation and that is exactly what will help them ease the transition to full banking services for its cash vaulting clients. With the passage of time the various financial institutions are moving in to start delivering services to the enormous industry.
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Blue Line’s Chief Operations and Compliance Officer Ricky Bennett opined, “With the strict security and investigations licensing requirements in Nevada, we will ensure that the person who becomes our new assistant vice president will manage Blue Line’s Nevada operations according to all pertinent local, state and federal regulations.”
As part of sharpening is competitive edge in a market characterized by stiff completion, the company is changing quite much in terms of its business operations and management. One of the most recent developments was the election of Christopher E. Galvin who will be serving in Blue Line’s board of directors. The official has served in a number of public and private companies and it is worth noting that he started off his career in investment banking. The business guru is looking forward to make the most out of his experience.