DigiPath Inc. Partners with Blue Line Protection Group to Share Resources and Develop Marketing Initiatives
DENVER, March 18, 2015 /PRNewswire/ -- DigiPath, Inc. (OTCQB: DIGP), the independent digital pathology and cannabis testing, education, and media firm, has entered into a preferred supplier marketing and resource-sharing agreement with Blue Line Protection Group. The agreement was designed to create synergies between Blue Line's cannabis industry protection, compliance and transportation services, and DigiPath Labs' testing and analytical services of cannabis-based products and media distribution.
In this cooperative relationship, DigiPath Labs and Blue Line are expected to share certain resources in Colorado and other states where both companies will operate. Blue Line and DigiPath have also agreed to promote each other as a "preferred vendor" through direct product and service referrals and through advertisements on Blue Line Smart Ads, the revenue-generating interactive displays available for free to marijuana-related businesses.
"We're excited to be partnering with Blue Line, an established and well respected company in the cannabis space," said DigiPath Inc.'s CEO Todd Denkin. "We look forward to a symbiotic relationship of providing services for the cannabis industry, from a testing perspective, from a media distribution perspective, and from a patient security perspective."
This pooling of resources is expected to benefit customers of both companies by reducing costs and saving time.
"Combining our compliance, security and transportation services with DigiPath's reliable safety and potency tests will streamline the supply chain," explained Sean Campbell, Blue Line's Chief Executive Officer. "Everyone wins in this partnership, including dispensaries, growers, product producers, and patients."
About DigiPath, Inc.
DigiPath, Inc., supports the cannabis industry's best practices for reliable testing, education, and training, and brings unbiased cannabis news coverage to the cannabis industry. Its four business units are DigiPath Labs, TNMNews Corp., DigiPath Corp., and DigiPath U.
For more information, go to www.digipath.com.
About Blue Line Protection Group, Inc.
Blue Line Protection Group provides secured transportation, state and federal regulatory compliance, security consultation and training, and professional protection services to high-value asset industries. The company's security operators, investigations personnel and consulting staff are highly trained professionals with significant experience in law enforcement and the United States armed forces.
For more information, go to www.BlueLineProtectionGroup.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events. Forward-looking statements are based on information available at the time they are made, and are subject to risks and uncertainties that could cause actual performance to differ materially from those stated. For a description of the risk factors and uncertainties affecting DigiPath, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
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Contact:
DigiPath, Inc.
Investor Relations
(888) 552-4440
[email protected]
SOURCE DigiPath.com
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