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Amercanex and Blue Line Protection Group Sign Cash Vaulting, Transaction Guarantee Facility Agreement
  • USA - English


News provided by

Amercanex

Feb 29, 2016, 06:00 ET

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Denver, Colorado (PRWEB) February 29, 2016 -- Amercanex, the American Cannabis Exchange, and Blue Line Protection Group, LLC announced that they have signed a mutually beneficial agreement to offer cash vaulting, transaction guarantee pledging, protection and transportation services to all Amercanex transacting members.

Our partnership with Blue Line gives our transacting members yet another edge in the cannabis industry, said Steve Janjic, Amercanex CEO

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The agreement, which augments Blue Line’s current services for Amercanex members, provides cash vaulting, cash pledging and cash delivery services arising from transactions conducted on Amercanex’s ACE Marketplace. This allows distributors, cultivators and vendors to transport cash and cannabis product safely and securely, removing many of the barriers and credit risks associated with transactions.

“Our partnership with Blue Line gives our transacting members yet another edge in the cannabis industry,” said Steve Janjic, Amercanex CEO. “We created this alliance in response to the need for a secure method of transporting cash and product as well as another payment method removing credit risk associated with sourcing inventory on the ACE Marketplace. As the nation’s premier cash-based security and protection agency in the cannabis industry, Blue Line gives growers and dispensaries additional peace of mind while conducting business on our electronic marketplace.”

“We’re excited to offer our business protection services to Amercanex members,” said Daniel Allen, Blue Line Protection Group CEO. “Our experience in armed protection and secure transportation services ensures our client’s valuable cargo arrives safely and promptly to its intended destination. Now, Amercanex ACE Marketplace transacting members can engage in fully compliant transactions of lawful marijuana products, and we can provide the safe and secure product and currency transportation to minimize the risks associated with moving large amounts of currency from buyer to seller.”

The cash vaulting and protection services are currently offered in Colorado.

About Amercanex
Amercanex is the cannabis industry’s first fully electronic marketplace. Our comprehensive suite of tools for cultivators, dispensaries, manufacturers, vendors and regulators helps create a neutral, transparent and non-manipulated arena for cannabis market participants and government regulators. The ACE Marketplace offers greater control of the buy/sell process, enabling better pricing, full regulatory reporting and lower costs. To learn more about Amercanex, please visit http://www.amercanex.com.

Amercanex contact:
Robert Ruiz, Chief Marketing Officer
Amercanex Inc.
877-412-8120
rruiz(at)amercanex.com

Nothing above or herein constitutes investment advice or an offer, or solicitation of an offer, to buy or sell any financial product. To the maximum extent of the law, Amercanex Corporation and the ACE Marketplace accept no responsibility for any reliance placed on the contents of this document and accepts no liability for any direct, indirect or any other loss arising out of any use of the information contained in this document or any omission from it. The ACE Marketplace is not available to non-licensed/ authorized participants. It is not intended for distribution to, or use by any, person or entity in any jurisdiction or country where such distribution or use would be contrary to any applicable law or regulation.

Robert Ruiz, Amercanex, http://www.amercanex.com, +1 877-412-8120 Ext: 2405, [email protected]

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