According to Transparency Market Research’s report, “Physical Security Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019,” the global physical security market will be expanding at a CAGR of 14.9% from 2013 to 2019. The global physical security market was valued at over $48 billion in 2012 and is estimated to grow up to $125 billion by 2019. In terms of service, the global physical security market can be divided into security consulting, public safety, technical support, remote management services, video surveillance as a service, and more. These markets are likely going to grow at a CAGR of 18.1% till 2020.
In mid-December, the company announced that it will be working to provide secure transport to the legal marijuana industry in Colorado. Also, it will be providing regulatory compliance to high-value asset industries, which is thanks to a new relationship with Tradiv, the largest online cannabis marketplace. “We’re pleased to develop this relationship with Tradiv,” said Blue Line’s CEO, Daniel Allen. “Tradiv minimizes the efforts necessary to shop multiple sources for legal cannabis products, and Blue Line takes the guesswork out of transporting these products safely to their destinations.” Over the previous ninety days, Blue Line Protection Group Inc (OTCBB:BLPG) has seen lows of $0.03 and highs of $0.06; a 100% swing. It would not be a surprise to see this company continue to grow as the cannabis industry has been the fastest growing space since 2014.